Showing 1 - 10 of 347
Persistent link: https://www.econbiz.de/10011695608
between the three core labor force states, employment, unemployment, and inactivity. The dynamics of these transitions depend … rate from unemployment to employment. …The aggregate average unemployment rate in a given country is essentially the result of individual workers' transitions …
Persistent link: https://www.econbiz.de/10010265772
Not only the level of aggregate unemployment but also the properties of its dynamics are an important topic in … asymmetric pattern in the evolution of unemployment, whereas linear models with Gaussian innovations preclude such dynamics. This … paper applies several tests for asymmetry to aggregate British, German and US unemployment data to assess the relevance of …
Persistent link: https://www.econbiz.de/10010262548
The Labor Market and Employment (Handbook article). The labor market differs from typical markets in important ways. We … find job competition and collective mechanisms that set wages and working conditions. Changes in employment bring about … changes in wages and prices and entail political and monetary responses. The goals of price stability and full employment …
Persistent link: https://www.econbiz.de/10010427449
By international standards, unemployment in Sweden remained remarkably low throughout the 1970s and the 1980s. In the … early 1990s, however, the unemployment rate skyrocketed and hit double-digit levels. Unemployment remained high for several … the rise and fall of unemployment. It is argued that the steep rise in unemployment was mainly the result of a series of …
Persistent link: https://www.econbiz.de/10010321578
We exploit a policy discontinuity at U.S. state borders to identify the effects of unemployment insurance policies on … unemployment. Our estimates imply that most of the persistent increase in unemployment during the Great Recession can be accounted … for by the unprecedented extensions of unemployment benefit eligibility. In contrast to the existing recent literature …
Persistent link: https://www.econbiz.de/10010333564
2008-2009 crisis. This paper discusses the efficiency of this type of policy and investigates its impact on unemployment … and employment. There is some evidence that short-time compensation programs stabilize permanent employment and reduce … unemployment during downturns. All in all, it seems that short-time work programs used in the recent downturn had significant …
Persistent link: https://www.econbiz.de/10010274716
This paper presents a reappraisal of unemployment movements in the European Union. Our analysis is based on the chain … reaction theory of unemployment, which focuses on (a) the interaction among labor market adjustment processes, (b) the … growth drivers. Estimating a system of labor market equations for a panel of EU countries, we derive the dynamic unemployment …
Persistent link: https://www.econbiz.de/10010276423
Almost all institutions - employment protection legislation, unions, wages, wage structure, unemployment insurance, etc … verdächtigt und schuldig gesprochen die tragische Entwicklung der Arbeitslosigkeit in Europa verursacht zu haben. US … Neutralität von Geldpolitik wurde diese bei der Suche nach den Ursachen europäischer Arbeitslosigkeit verschont. Tatsächlich …
Persistent link: https://www.econbiz.de/10010291094
The paper elaborates on the employment intensity of growth. Previous evidence regarding this question is surveyed …. Empirical results concerning Europe and selected other industrial countries reveal that the cyclical link between unemployment … that the employment intensity of growth is influenced by the country's wage setting process, the share of the service …
Persistent link: https://www.econbiz.de/10010260482