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-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
A search model of the labor market is augmented to include commuting time to work. The theory posits that wages are positively related to commute distance, by a factor itself depending negatively on the bargaining power of workers. Since not all combinations of distance and wages are accepted,...
Persistent link: https://www.econbiz.de/10003905644
A search model of the labor market is augmented to include commuting time to work. The theory posits that wages are positively related to commute distance, by a factor itself depending negatively on the bargaining power of workers. Since not all combinations of distance and wages are accepted,...
Persistent link: https://www.econbiz.de/10013155006
Census data show that the ratio of black to white unemployment rates, currently in excess of 2:1, was small or non … in the unemployment gap over the years 1880-1990 to identify the separate contributions of changes in observable worker … the relative educational status of black workers would have narrowed the unemployment gap slightly, but demand shifts …
Persistent link: https://www.econbiz.de/10014046692
The ratio of black to white unemployment rates is currently in excess of 2 to 1. We show that the racial unemployment …. Using available U.S. Census data for the years 1880 to 1990, we decompose changes over time in the unemployment gap to … black workers would have narrowed the unemployment gap slightly, but demand shifts adverse to black worker more that …
Persistent link: https://www.econbiz.de/10014032218
This paper analyses the evolution of quantitative measures of employee rents in Europe during the nineties, using the European Household Panel Survey. One looks at two class of measures: wage differentials between workers along industry and firm size dimensions, and estimated welfare differences...
Persistent link: https://www.econbiz.de/10013319426
summarized as showing that the very existence of unemployment generates political support for "sclerosis". This observation may …
Persistent link: https://www.econbiz.de/10014204769
We ask whether sectoral shocks and the subsequent labor reallocation are responsible for unemployment within selected … is linked to unemployment in country specific dynamic models. For Spain, the ADL-model estimation reveals a significant … impact of sectoral reallocation on unemployment that goes beyond usual business cycle patterns. In Italy, there is weaker yet …
Persistent link: https://www.econbiz.de/10010424822
-term unemployment rates, leading to the need to reform labour market institutions and make them more flexible. Flexible labour markets … employment and unemployment) but also to reduce the negative impacts on labour market of structural shocks. If we focus on the …, the countries with the best results in terms of unemployment and employment would have been those that had a more flexible …
Persistent link: https://www.econbiz.de/10011927085
This paper provides robust estimates of the impact of both product and labor market regulations on unemployment using … set of covariates, results show that product market deregulation overall reduces the unemployment rate. This finding is … effect: deregulation of state controls and in particular involvement in business operations tend to push up the unemployment …
Persistent link: https://www.econbiz.de/10012144890