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We document that fluctuations in part-time employment play a major role in movements in hours per worker, especially during cyclical swings in the labor market. Building on this result, we propose a novel representation of the intensive margin based on a stock-flow framework. The evolution of...
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Long-term unemployment more than doubled during the UK’s Great Recession. Only a small fraction of this persistent … increase can be accounted for by the changing composition of unemployment across personal and work history characteristics … participation flows can account for over two-thirds of the high level of long-term unemployment following the financial crisis …
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The economic recovery in CESEE has strengthened further in recent months, resulting in a number of additional upgrades to our growth forecasts for 2021, to 5.4% on the regional average. This good performance has been built on two important foundation stones: the adaptation of the CESEE economies...
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development economics: the expansion of firms' export destinations across space and time (chapter 1), the extension of structural … gravity models for developed countries to include unemployment (chapter 2) and for Latin American and Caribbean developing … migration and trade and their effects on unemployment (chapter 5), and the dynamics of democracy and income chapter 6). …
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