Showing 1 - 10 of 393
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
by comparing their individual characteristics and past (un)employment and job histories. Since the BHPS does not directly … employment histories. …
Persistent link: https://www.econbiz.de/10010288986
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
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
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
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
hiring and firing costs, search frictions with vacancy costs, unemployment benefits, firm entry costs, and a tax wedge …
Persistent link: https://www.econbiz.de/10010283302