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High rates of unemployment entail substantial costs to the working population interms of reduced subjective well … thesensitivity of subjective well-being to fluctuations in unemployment rates is much lower in thepublic sector than in the private … unemployment. …
Persistent link: https://www.econbiz.de/10009025001
Several countries in the Asia-Pacific region are experiencing demographic changes. Over 60 per cent of the world's youth live in Asia and the Pacific, which translates into more than 750 million young women and men aged 15 to 24 years. They represent a key asset for the countries of this region....
Persistent link: https://www.econbiz.de/10010941683
This report’s objective is the construction of an index of labour market well-being that is capable of measuring the well-being that individuals in a given society at a given point in time can obtain through the labour market. Besides considering simply the average return from working, workers...
Persistent link: https://www.econbiz.de/10005650216
In this paper we focus on the impact of involuntary unemployment on wage formation using experimental evidence. We use … twofold: on the one hand, we are interested in analyzing the relation between involuntary unemployment and wages; on the other … results show that unemployment has a negative impact on wages. Moreover, there is a positive correlation between wage and …
Persistent link: https://www.econbiz.de/10010894752
The relationship between happiness and work is subject to an ever growing empirical literature in economics. The analyses are mostly based on large-scale survey data to measure subjective well-being. Whereas one large strand of research investigates the effect of job loss and becoming...
Persistent link: https://www.econbiz.de/10010959638
also obtain a strong negative effect on survival of entering entrepreneurship from unemployment. Hence, policymakers should …
Persistent link: https://www.econbiz.de/10011051484
the high level and persistence of fear of unemployment in Russia may be caused by non-economic factors …Using the Russian Longitudinal Monitoring Survey data, the paper examines Russian workers' fear of unemployment under … relevant re-employment in case of displacement. In order to get the best possible measurement of unemployment for those local …
Persistent link: https://www.econbiz.de/10010720445
This paper uses a simple model of the labor supply to identify the distribution of the reserve wages. The distribution of the reserve wages of the non-employed population (Unemployed or out of the labor force) it's fundamental not only to understand the nature of the no-employment but to also...
Persistent link: https://www.econbiz.de/10011210838
We aim to explain the rising share of short-term employment in Europe using a matching model with growth. We find that a slowdown in growth of labour productivity leads to the emergence of temporary jobs and then explains their increasing share in total employment.
Persistent link: https://www.econbiz.de/10005671506
In search of a macroeconomic theory of wage determination, the agnostic reader should be puzzled by the apparent contradiction between two influential theories. On one hand, in the standard search-matching theory with wage bargaining, hiring cost and constant returns of labor, the bargaining...
Persistent link: https://www.econbiz.de/10005703320