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-specific unemployment rates in 1997. The required nominal wage reductions range from 8.8 to 12.2% and are the higher the lower the employees …
Persistent link: https://www.econbiz.de/10010297815
increases in youth unemployment and youth participation in active labor market programs. The impact on unemployment rates by age … and education has been roughly proportional, however. The evolution of employment and unemployment does not offer much … ground for the popular hypothesis that the recent rise in unemployment is driven by large and pervasive shifts in the demand …
Persistent link: https://www.econbiz.de/10010321785
This article explores the long-run relationship between unemployment rate and labor force participation rate in Canada … leads us to doubt the pertinence of the unemployment invariance hypothesis for Canada. This is consistent with the empirical …
Persistent link: https://www.econbiz.de/10011882662
In this paper we study the structure of labor market flows in Spain and compare them with France and the US. We characterize a number of empirical regularities and stylized facts. One striking result is that the job finding rate is slightly higher than in France, while the job loss rate is much...
Persistent link: https://www.econbiz.de/10010262363
We distinguish and assess three fundamental views of the labor market regarding the movements in unemployment: (i) the … that all the short-run fluctuations automatically turn into long-run changes in the unemployment rate. We assert the …
Persistent link: https://www.econbiz.de/10010276418
We distinguish and assess three fundamental views of the labor market regarding the movements in unemployment: (i) the … that all the short-run fluctuations automatically turn into long-run changes in the unemployment rate. We assert the …
Persistent link: https://www.econbiz.de/10010276421
The job guarantee is a viable policy option for tackling both unemployment and underemployment. Hyman P. Minsky was one …
Persistent link: https://www.econbiz.de/10012610209
in Chile is mostly due to a decrease in the in ow transition rate from unemployment as well as an increase in the out ow … transition rates to unemployment and informality. …
Persistent link: https://www.econbiz.de/10014001733
This paper presents a general-equilibrium model of Innovation, endogenous growth, and unemployment in a disaggregated … economy. Unemployment is analyzed w ithin a dual labor market setting, where the labor market is consisting of a primary high … the economy's growth rate and the equilibrium unemployment rate. It can be shown in comparative static analyses, that the …
Persistent link: https://www.econbiz.de/10010435463
This article explores the long-run relationship between unemployment rate and labor force participation rate in Canada … leads us to doubt the pertinence of the unemployment invariance hypothesis for Canada. This is consistent with the empirical …
Persistent link: https://www.econbiz.de/10011696305