Showing 1 - 10 of 441
. persistence), and exits to unemployment ("no pay-low pay cycle"). The results show shorter spell durations in Austria, pointing to … integration of jobless people into employment? There is evidence for a "low-wage trap" and for a high risk of low-wage earners to … to this debate analysing employment spells of male low-wage earners who had been unemployed before, with methods of …
Persistent link: https://www.econbiz.de/10011435323
. persistence), and exits to unemployment ('no pay-low pay cycle'). The results show shorter spell durations in Austria, pointing to … integration of jobless people into employment? There is evidence for a 'low-wage trap' and for a high risk of low-wage earners to … to this debate analysing employment spells of male low-wage earners who had been unemployed before, with methods of …
Persistent link: https://www.econbiz.de/10010281838
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
flexibility of the labor market increases both the employment rate and the rate of participation in the labor force. A … conservative estimate suggests that if France were to make its labor markets as flexible as those in the US, its employment rate … would increase 1.6 percentage points, or 14% of the employment gap between the two countries. The estimated effects are …
Persistent link: https://www.econbiz.de/10010301184
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
In this study we examine the contribution of severance pay to employment and unemployment development using data on …-varying labor market institutions. While the positive effect of severance pay on unemployment garners some support, there is no real … indication of adverse effects for (the three) other employment outcomes identified here. Moreover, with the possible exception of …
Persistent link: https://www.econbiz.de/10010261645
mainly on dismissals protection, distinguishing between the themes of employment and unemployment development and labor … market dynamics proper. Our discussion of employment and unemployment largely deals with the effect of employment protection …Empirical investigation of the labor market consequences of employment protection has mushroomed since Lazear's (1990 …
Persistent link: https://www.econbiz.de/10010262586
performance indicators (unemployment, long-term unemployment, employment, activity rate). Our results confirm that high taxes … increase unemployment, while active labour market policies tend to reduce it. We also show that stricter employment protection …, higher taxes and larger economic burden represented by the minimum wage decrease employment and activity rate. Moreover …
Persistent link: https://www.econbiz.de/10010276606
This paper provides an empirical investigation of the wage, price and unemployment dynamics that have taken place in … to lead to increasing unemployment, slowdown in productivity growth, higher interest rates, and loss of competitiveness …
Persistent link: https://www.econbiz.de/10010295277
, a cointegration analysis of productivity, prices, real wages, employment, and the unemployment rate reveals two long run …This paper analyzes the dynamic effects of different macroeconomic shocks on unemployment in Germany. In a first step … display that price, demand, and labor supply shocks affect unemployment significantly in the short/medium run. Interestingly …
Persistent link: https://www.econbiz.de/10010297779