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Scars of recessions in a rigid labor market

Cockx, Bart; Ghirelli, Corinna - 2015

Persistent link: https://www.econbiz.de/10011289916

Scars of recessions in a rigid labor market

Cockx, Bart; Ghirelli, Corinna - 2015

We study the impact of graduating in a recession in Flanders (Belgium), i.e. in a rigid labor market. In the presence of a high minimum wage, a typical recession hardly influences the hourly wage of low educated men, but reduces working time and earnings by about 4.5% up to twelve years after...

Persistent link: https://www.econbiz.de/10010488823

Scars of recessions in a rigid labor market

Cockx, Bart; Ghirelli, Corinna - 2015

Persistent link: https://www.econbiz.de/10010491732

Mismatch and internal migration in Spain : 1962 - 1986

Bentolila, Samuel; Dolado, Juan J. - 1990

Persistent link: https://www.econbiz.de/10000842053

Two-tier labor markets in the great recession : France vs. Spain

Bentolila, Samuel; Cahuc, Pierre; Dolado, Juan J.; Le … - 2010

Persistent link: https://www.econbiz.de/10008807758

Two-tier labor markets in the Great Recession : France vs. Spain

Bentolila, Samuel; Cahuc, Pierre; Dolado, Juan J.; Le … - 2010

This paper analyzes the strikingly different response of unemployment to the Great Recession in France and Spain. Their … France, unemployment rate has increased by 2 percentage points, whereas in Spain it has shot up to 19% by the end of 2009. We … contracts and the less restrictive rules regarding the use of the latter contracts in Spain. Using a calibrated search and …