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Shifts in Euro Area Beveridge Curves and Their Determinants
Bonthuis, Boele - 2015
​This paper analyses euro area Beveridge curves at the euro area aggregate and country level over the past 25 years. Using an autoregressive distributed lag model we find a significant outward shift in the euro area Beveridge curve since the onset of the crisis, but considerable heterogeneity...
Persistent link: https://www.econbiz.de/10013028846
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Shifts in euro area Beveridge curves and their determinants
Bonthuis, Boele; Jarvis, Valerie; Vanhala, Juuso - In: IZA journal of labor policy 5 (2016) 20, pp. 1-17
This paper analyses euro area Beveridge curves at the euro area aggregate and country level over the past 25 years. Using an autoregressive distributed lag model, we find a significant outward shift and flattening of the euro area Beveridge curve since the onset of the crisis, but considerable...
Persistent link: https://www.econbiz.de/10011573235
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The Distributional Impacts of Worker Reallocation : Evidence from Europe
Bluedorn, John C.; Caselli, Francesca; Hansen, Niels-Jakob - 2022
Using individual-level data for 30 European countries between 1983 and 2019, we document the extent and earning consequences of workers’ reallocation across occupations and industries and how these outcomes vary with individual-level characteristics, namely (i) education, (ii) gender, and...
Persistent link: https://www.econbiz.de/10014030478
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How far from full employment? : the European unemployment problem revisited
Gökten, Meryem; Heimberger, Philipp; Lichtenberger, Andreas - 2024
Beveridge (full-employment-consistent) rate of unemployment (BECRU), derived from the unemployment-vacancies relationship. The … BECRU is the level of unemployment that minimises the non-productive use of labour. Based on a novel dataset for the period …. The European unemployment problem emerged in the 1980s and 1990s, as Beveridgean full employment gaps increased. In the …
Persistent link: https://www.econbiz.de/10014507179
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The China shock, employment protection, and European jobs
Aghelmaleki, Hedieh; Bachmann, Ronald; Stiebale, Joel - 2019
increased probability that employed workers become unemployed and with a reduction in worker flows from unemployment to …
Persistent link: https://www.econbiz.de/10012133371
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Macroeconomic volatilities and the labor market : first results from the euro experiment
Merkl, Christian; Schmitz, Tom - 2009
. We use a New Keynesian model with unemployment to predict the effects of different labor market institutions on … ; macroeconomic volatility ; monetary policy ; firing costs ; unemployment benefits ; replacement rate …
Persistent link: https://www.econbiz.de/10003827228
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Wage setting and unemployment : evidence from online job vacancy data
Faryna, Oleksandr; Pham, Tho; Talavera, Oleksandr; … - 2020
unemployment. This link becomes more evident when wage inflation is disaggregated at sectoral and occupational levels. Using … exogenous variations in local market unemployment as the main identification strategy, a negative correlation between vacancy …-level wage and unemployment is also established. The correlation magnitude, however, is different across regions and skill …
Persistent link: https://www.econbiz.de/10012255418
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Has COVID-19 Induced Labor Market Mismatch? Evidence from the US and the UK
Pizzinelli, Carlo; Shibata, Ippei - 2022
This paper studies whether labor market mismatch played an important role for labor market dynamics during the COVID-19 pandemic. We apply the framework of S¸ahin et al. (2014) to the US and the UK to measure misallocation between job seekers and vacancies across sectors until the third quarter...
Persistent link: https://www.econbiz.de/10013295149
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A simple decomposition of the variance of output growth across countries
Reicher, Christopher Phillip - 2011
This paper outlines a simple regression-based method to decompose the variance of an aggregate time series into the variance of its components, which is then applied to measure the relative contributions of productivity, hours per worker, and employment to cyclical output growth across a panel...
Persistent link: https://www.econbiz.de/10009127619
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Ranking of job applicants, on-the-job search, and persistent unemployment
Eriksson, Stefan; Gottfries, Nils - 2003 - Final version
employment status affects both the level and the persistence of unemployment and numerically that these effects are substantial … to explain the high and persistent European unemployment. …
Persistent link: https://www.econbiz.de/10011586361