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unemployment rates. Using U.S. data, we find that individual labor force participation responds asymmetrically to changes in local … labor market conditions, consistent with the pattern of movements in the aggregate unemployment rate. Differences in the …
Persistent link: https://www.econbiz.de/10010292322
composition of the labor force, between-groups wage inequality and the level of unemployment. The main result is that a labor … labor force, there is higher unemployment among low-experience workers, they do not accumulate enough on-the-job human …
Persistent link: https://www.econbiz.de/10010262787
Over the 1948–2013 period, many factors significantly impacted on human capital, which in turn affected economic growth in the United States. This chapter analyzes these factors within a complete national income accounting system which integrates Jorgenson-Fraumeni human capital into the...
Persistent link: https://www.econbiz.de/10012269917
In the 1960 cohort, American men and women graduated from college at the same rate, and this was true for Whites, Blacks and Hispanics. But in more recent cohorts, women graduate at much higher rates than men. To understand the emerging gender education gap, we formulate and estimate a model of...
Persistent link: https://www.econbiz.de/10014469471
Persistent link: https://www.econbiz.de/10010313012
sector, high unemployment for educated youth, weak private sector dependent on government welfare for their survival, rapid …
Persistent link: https://www.econbiz.de/10010329175
minimum wage causes more unemployment, but also leads to more skill formation as unemployment is concentrated on low … gains of more skill formation outweigh the social welfare losses of increased unemployment. Using a highly conservative …
Persistent link: https://www.econbiz.de/10010333378
Youth unemployment in Uganda increased from 12.7% in 2012/13 to 13.3 in 2016/17, despite a decline in the overall … national unemployment rate from 11.1% to 9.2%. This poses serious development challenges, particularly to the ongoing efforts …, residence, and age determine youth unemployment in Uganda. Using recent data from the Uganda National Household Survey 2016 …
Persistent link: https://www.econbiz.de/10014553716
sudden increase in labour force participation and unemployment during this period. However, since these individuals would … in unemployment signifies a more accurate reflection of disguised unemployment that already existed in the mid-1990s …
Persistent link: https://www.econbiz.de/10010319427
Welfare benefits in the Nordic countries are often tied to employment. We argue that this is one of the factors behind the success of the Nordic model, where a comprehensive welfare state is associated with high employment. In a general equilibrium setting, the underlining mechanism works...
Persistent link: https://www.econbiz.de/10010291388