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interact and affect the evolution of unemployment rates and participation rates, the two main indicators of labour market … performance. Our analysis has two special features. First, apart from the two labour market states - employment and unemployment … that a shock to the net flow from unemployment to employment drive the unemployment rate and the participation rate in …
Persistent link: https://www.econbiz.de/10010360089
This paper studies collective contests with endogenous cost sharing, general effort costs and intra-group heterogeneity of prize-valuation. Our objective is to clarify the relationship between cost sharing, intra-group heterogeneity within the competing groups and the elasticity of the marginal...
Persistent link: https://www.econbiz.de/10010361496
This paper studies the relationship between the change in the unemployment rate and output growth using an approach … recessions. The framework also highlights the potential misspecification in conventional models of Okun's Law unless stringent …
Persistent link: https://www.econbiz.de/10011940045
This paper examines whether unemployment of non-western immigrant workers in the Netherlands was disproportionally … affected by the Great Recession. We analyze unemployment data covering the period November 2007 to February 2013 finding that … the Great Recession affected unemployment rates of non-western immigrant workers in absolute terms more than unemployment …
Persistent link: https://www.econbiz.de/10010125847
In the past decades several features of U.S. unemployment dynamics have been investigated empirically. The original … focus of research was on the duration of unemployment. In later studies the cyclicality of incidence and duration …, compositional effects and duration dependence of the exit rate out of unemployment have been investigated. Unlike the partial …
Persistent link: https://www.econbiz.de/10010336863
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Persistent link: https://www.econbiz.de/10011438025
Persistent link: https://www.econbiz.de/10010495431
. However, new workers are increasingly recruited from the non-active population and among immigrants, leaving unemployment more …
Persistent link: https://www.econbiz.de/10011347938
This paper employs a panel vector autoregressive model for the member countries of the Euro Area to explore the role of banks during the slump of the real economy that followed the financial crisis. In particular, we seek to quantify the macroeconomic effects of adverse loan supply shocks, which...
Persistent link: https://www.econbiz.de/10009012054