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procyclical unemployment and a positively-sloped Beveridge curve. This paper presents a calibrated model which does indeed … generate countercyclical unemployment and a negatively-sloped Beveridge curve despite the presence of a participation margin. …
Persistent link: https://www.econbiz.de/10010745347
This paper explores the co-integrating relationship between unemployment and the labor force participation rate in … Japan from a regional perspective. The univariate co-integration tests indicate that the “no co-integration” hypothesis … cannot be rejected in Northern-Kanto, Hokuriku and Kyusyu. Because the univariate co-integration approach might suffer from …
Persistent link: https://www.econbiz.de/10011056237
We provide a joint account of the unemployment and labor force participation patterns of older male workers during the … more pronounced decline in Europe alongside rising unemployment rates and (iii) the concentration of these adverse …
Persistent link: https://www.econbiz.de/10011211447
I construct a matching model to explain the labor market transition between employment, unemployment and … in the layoff rate, and this results in an increase in the unemployment-to-population ratio. Finally, firing costs make …
Persistent link: https://www.econbiz.de/10005055491
This paper examines the structure of the labour market and unemployment in Sudan. One advantage of our analysis is that … unemployment based on Sudan Central Bureau of Statistics 2010 the Fifth Sudan Population and Housing Census 2008. We explain …, participation rates, economic activities, low skill level and high unemployment rate defined by gender and mode of living in Sudan …
Persistent link: https://www.econbiz.de/10010856356
Paper [I] adds to the theoretical literature on the incentives of Temporary Work Agencies (TWAs). Using a principal-agent model with hidden action to model two main types of contracts between a TWA and a Client Firm (CF), the TWA is shown to potentially act against the best interest of the CF...
Persistent link: https://www.econbiz.de/10011019142
In this paper, the authors incorporate a positive theory of unemployment insurance into a dynamic overlapping … unemployment insurance levels in a politico-conomic equilibrium. …
Persistent link: https://www.econbiz.de/10005207687
Professor Christopher Pissarides was awarded the 2010 Nobel Prize in Economics jointly with Peter Diamond and Dale Mortensen ‘for their analysis of markets with search frictions’. Though Pissarides is best known for his work in this area, it is only part of a very extensive research agenda...
Persistent link: https://www.econbiz.de/10009364192
period when unemployment increased in Germany but fell in Britain and the US. I show that in this period, Germany experienced …
Persistent link: https://www.econbiz.de/10008596541
been predicted. But the standard measure of unemployment agreed at international level has some shortcomings. Its … “objective” definition of unemployment is a poor fit with the Italian labour market. Also, the considerable increase in labour … hoarding and the emergence of “semi-employment” – the alternation of brief periods of work with periods of unemployment or …
Persistent link: https://www.econbiz.de/10010693186