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Is working more than monetary income? This paper attempts to give an answer to this question on the basis of the German Socio-economic Panel data set. By comparing the satisfaction with life between workers and non-workers with the same household income, the monetary value of participating in...
Persistent link: https://www.econbiz.de/10010324826
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 …
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The aim of this paper is to analyze and estimate salient characteristics of unemployment dynamics. Movements in … unemployment are viewed as "chain reactions" of responses to labor market shocks, working their way through systems of interacting … aggregate measures of unemployment responses to temporary and permanent shocks. These measures are temporal (depicting how long …
Persistent link: https://www.econbiz.de/10010273099
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
picture described suggest that the Italian labour market is characterised by high employment rates for adult males and both … low participation and low employment rates for other groups of individuals (such as young, old and females) and by a large … share of long-term unemployment. The rise in unemployment and its persistently high level have been blamed, both in Italy …
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