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In this paper we examine the impact of rises in inactivity on wages in the US economy and find evidence of a … statistically significant negative effect. These nonparticipants exert additional downward pressure on wages over and above the … wages and find it has no different effect from that of short-term unemployment. Our analysis provides strong empirical …
Persistent link: https://www.econbiz.de/10013046850
A historically high level of youth unemployment presents Greece with a huge social and economic challenge. This paper analyses various dimensions of this challenge. We argue that though the conventional definition of "youth" is the 16-24 age group, there is a strong case for considering 25 to...
Persistent link: https://www.econbiz.de/10010533317
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A historically high level of youth unemployment presents Greece with a huge social and economic challenge. This paper analyses various dimensions of this challenge. We argue that though the conventional definition of "youth" is the 16-24 age group, there is a strong case for considering 25 to...
Persistent link: https://www.econbiz.de/10011409613
-term unemployment has no effect on wages. We produce contrary evidence. The MPC further reduces the level of underemployment in the … believe the level of slack is greater than the MPC calibrates. Consistent with that is the fact that real wages in the United …
Persistent link: https://www.econbiz.de/10013051159
Industrial Relations Surveys of 1980, 1984, and 1990. They find that rates of employment growth, job creation, job destruction … continuing establishments. Employment growth was apparently more variable in manufacturing plants than in private service sector … workplaces. Some variables negatively related to employment growth were unionization, establishment size, establishment age, and …
Persistent link: https://www.econbiz.de/10014115817
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