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Labour market institutions, shocks and the employment rate
Haraldsen, Kristine Wika; Nymoen, Ragnar; Sparrman, Victoria - 2019
The average employment rate for the OECD countries was close to 63 percent in the period 2000- 2015 but there is … considerable variation within and between countries. We find that a dynamic model for employment, derived from a multiple equation … the dynamics well and they imply interpretable estimates of the normal employment rate level, conditional on the state of …
Persistent link: https://www.econbiz.de/10012005508
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Labour market institutions, shocks and the employment rate
Haraldsen, Kristine Wika; Nymoen, Ragnar; Sparrman, Victoria - 2019
The average employment rate for the OECD countries was close to 63 percent in the period 2000-2015 but there is … considerable variation within and between countries. We find that a dynamic model for employment, derived from a multiple equation … the dynamics well and they imply interpretable estimates of the normal employment rate level, conditional on the state of …
Persistent link: https://www.econbiz.de/10012018509
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Fiscal policy and the labour market : the effect of public sector employment and wages
Gomes, Pedro - 2010
study the labour market effects of public sector employment and wages. Public sector wages plays an important role in … the optimal policy can increase the volatility of unemployment significantly. Public sector wage and employment shocks … it. Hiring more people can increase or decrease the unemployment rate. All shocks raise the wage and crowd out employment …
Persistent link: https://www.econbiz.de/10009302182
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Fiscal Policy and the Labour Market : The Effects of Public Sector Employment and Wages
Gomes, Pedro - 2010
study the labour market effects of public sector employment and wages. Public sector wages plays an important role in … the optimal policy can increase the volatility of unemployment significantly. Public sector wage and employment shocks … it. Hiring more people can increase or decrease the unemployment rate. All shocks raise the wage and crowd out employment …
Persistent link: https://www.econbiz.de/10013135824
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A Global View on Demographic Pressure and Labour Market Participation
Peeters, Marga - 2012
Demographic change across the globe puts pressure on labour markets and public finances. Most studies on ageing focus on the projected development of the old age dependency ratio, being the ratio of persons 65 or older relative to the working age population. This ratio gives a very incomplete...
Persistent link: https://www.econbiz.de/10013114462
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Aging, Labour Market Dynamics and Fiscal Imbalances
Marchiori, Luca - 2016
Population aging is a phenomenon common to all regions in the developed world, forcing most governments to implement structural reforms in order to avoid the development of fiscal imbalances. In Luxembourg, large inflows of – young – foreign workers generate an apparently sound public...
Persistent link: https://www.econbiz.de/10013007868
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Job creation in tight and slack labor markets
Buchheim, Lukas; Watzinger, Martin; Wilhelm, Matthias - 2019
Do investment programs create more jobs in tight or in slack labor markets? We study this question using data from a large, long-term photovoltaic invest scheme in Germany. Comparing counties with high and low unemployment both over time and across space, we find that photovoltaic installations...
Persistent link: https://www.econbiz.de/10012033285
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Household search and the aggregate labor market
Mankart, Jochen; Oikonomou, Rigas - 2015
unemployment. We use the model to explain the cyclical properties of aggregate employment and participation. As in the US data, the … earners have a mildly countercyclical participation rate and a mildly procyclical employment rate. Their behavior insures the …
Persistent link: https://www.econbiz.de/10011312576
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Inclusive monetary policy : how tight labor markets facilitate broad-based employment growth
Bergman, Nittai K.; Matsa, David A.; Weber, Michael - 2022
attachment. Exploiting variation in labor market tightness across metropolitan areas, we show that the employment of populations … the employment of less attached workers when the central bank follows an average inflation targeting rule and when the …
Persistent link: https://www.econbiz.de/10012798170
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Who gets jobs matters : monetary policy and the labour market in HANK and SAM
Herman, Uroš; Lozej, Matija - 2023
This paper first provides empirical evidence that labour market outcomes for the less educated, who also tend to be poorer, are substantially more volatile than labour market outcomes for the well-educated, who tend to be richer. We estimate job finding rates and separation rates by educational...
Persistent link: https://www.econbiz.de/10014477695