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of the individual is high compared to the bargaining power of the union, there is more unemployment with individual wage … vacancy is sufficiently high, there is more unemployment with individual wage setting. Finally, for a constant marginal … bargaining produces more unemployment. …
Persistent link: https://www.econbiz.de/10011976503
bargaining power of the individual is high compared to the bargaining power of the union, there is more unemployment with … opening a vacancy is sufficiently high, there is more unemployment with individual wage setting. Finally, for a constant …, individual bargaining produces more unemployment. …
Persistent link: https://www.econbiz.de/10011736724
-setting mechanisms and the cyclicality of unemployment in Euroland. We find that in the 1990s unemployment cyclicality has been higher in … still offer a convincing explanation for a significant part of Euroland's problem of persistently high unemployment. There …. -- unemployment ; wage-setting mechanisms ; European Monetary Union …
Persistent link: https://www.econbiz.de/10009712936
share of long-term unemployment. The rise in unemployment and its persistently high level have been blamed, both in Italy … of unemployment. An additional dimension of "segmentation" also characterizes the Italian labour market, notably the 30 … percent's unemployment rate in the South (6 percent in the North) and the presence of a large share of the labour force …
Persistent link: https://www.econbiz.de/10014145515
It is well-known that there exist gender differentials in the labor market in the US and during different stages of business cycles in the US, men, and women in the labor market react differently. In this paper, we theoretically frame the labor market dynamics under a Diamond-Mortensen...
Persistent link: https://www.econbiz.de/10013212513
largely unexplored, set of determinants of the effectiveness of Keynesian and supply-side economic policies. -- unemployment … ; employment ; wage setting ; labour force participation ; labour market dynamics ; unemployment persistence ; imperfect … unemployment responsiveness …
Persistent link: https://www.econbiz.de/10009736646
causes of the unemployment upturn in 1973-1983 and the subsequent decline in 1993-2006. Our results show that (i) the main … determinants of the unemployment rise in the 1970s and early 1980s were wage-push factors, the two oil price shocks and the … increase in interest rates, and (ii) the acceleration in capital accumulation was the crucial driving force of unemployment in …
Persistent link: https://www.econbiz.de/10003793964
causes of the unemployment upturn in 1973-1983 and the subsequent decline in 1993-2006. Our results show that (i) the main … determinants of the unemployment rise in the 1970s and early 1980s were wage-push factors, the two oil price shocks and the … increase in interest rates, and (ii) the acceleration in capital accumulation was the crucial driving force of unemployment in …
Persistent link: https://www.econbiz.de/10003799513
In the mid ninetees unemployment substantially decreased in some EMU-countries, notably in Ireland, Spain and the … of unemployment has altered considerably …
Persistent link: https://www.econbiz.de/10013124020
impacts from optimal unemployment insurance policy. The model is estimated on the NLSY using the method of moments …
Persistent link: https://www.econbiz.de/10013088486