This paper argues that aging of the labor force affects job creation and job destruction. To analyze this, we extend a standard model of equilibrium unemployment and search in the labor market by the distinction between age specific separation risks and a productivity differential between young...

Will the projected decline in the youth share of European countries' populations alleviate the currently high levels of youth unemployment in Europe? Economic theory predicts that in the absence of perfectly competitive labour markets, changes in the relative size of age groups will cause...

Using data from 49 European regions covering 2005-2012, this paper finds that the estimated effect of cohort size on employment and unemployment outcomes is very sensitive to the age range of the sample. We argue that this is because the identification strategy commonly used in this literature...

Will the projected decline in the youth share of European countries' populations alleviate the currently high levels of youth unemployment in Europe? Economic theory predicts that in the absence of perfectly competitive labour markets, changes in the relative size of age groups will cause...

This paper examines the structure of the labour market and unemployment in Sudan. One advantage of our analysis in this paper is that we explain several stylized facts on labour market using new secondary data on population, employment and unemployment based on Sudan Central Bureau of Statistics...

This study divides workers into regular, non-regular, and self-employed and other workers, and investigates the role of the flows of these different types of workers on Japan's labor market stocks using a counterfactual simulation. I find that the job finding rate for non-regular jobs and the...

Inequalities in income and wealth can witness a sea change only in a longer term perspective. A change in inequality (i.e. an increase or a decrease in the inequality) can be brought about by the employment structure of an economy. The functionality of the governments is bound by administrative...

The paper studies the effects of changes in the age structure on aggregate labour market performance using a panel of Swedish local labour markets. The methodology of Shimer (2001) is used for studying the effects of youth cohort size and is extended to include the full age distribution. The...

The extremely fragile balance of the Romanian labour market is severely affected by the crisis caused by the COVID-19 pandemic and by the sudden and almost general deterioration of the macroeconomic context and the business environment. The present study aims to argue that, in times of crisis,...

This paper utilises OECD bi-annual data from the Economic Outlook database to estimate the extent of hidden unemployment in selected OECD countries. The labour force variations attributable to an economy operating at below full employment level are computed by using a regression modelling...