Showing 1 - 10 of 19,785
unemployment rate, using a search and matching model. We incorporate disembodied technological progress and on-the-job search into … growth reduces unemployment by decreasing job separation and inducing job creation. The incorporation of on-the-job search … unemployment than the standard matching model …
Persistent link: https://www.econbiz.de/10014186123
This paper explores the relationship between growth and unemployment. Knowledge formation is the source of growth … destruction to job creation identifies three regimes, two of which are associated with unemployment either due to restricted labor …-skill mismatch and unemployment. -- endogenous growth ; knowledge formation ; unemployment ; skill mismatch …
Persistent link: https://www.econbiz.de/10003883979
An establishment can improve its productivity by hiring workers from more productive establishments. Then, how important is worker reallocation for aggregate productivity growth? To study this question, I develop a general equilibrium model where knowledge transmits as workers reallocate from...
Persistent link: https://www.econbiz.de/10012583063
law with a focus on the dynamic part of the relationship. We find that the negative relationship between unemployment and … misspecification of the short run unemployment-output relationship. A mixed lag structure indirectly controls for missing explanatory …
Persistent link: https://www.econbiz.de/10012040048
Diamond (1994) that an individual's probability of leaving unemployment decreases with unemployment duration and increases … genuine duration dependence will be stronger the more depressed the labour market. In conflict with this prediction this study … provides persuasive empirical evidence that the pattern of negative genuine duration dependence does not change over the …
Persistent link: https://www.econbiz.de/10001635464
Diamond (1994) that an individual's probability of leaving unemployment decreases with unemployment duration and increases … genuine duration dependence will be stronger the more depressed the labour market. In conflict with this prediction this study … provides persuasive empirical evidence that the pattern of negative genuine duration dependence does not change over the …
Persistent link: https://www.econbiz.de/10011403854
Diamond (1994) that an individual's probability of leaving unemployment decreases with unemployment duration and increases … genuine duration dependence will be stronger the more depressed the labor market. In conflict with this prediction this study … provides persuasive empirical evidence that the pattern of negative genuine duration dependence does not change over the …
Persistent link: https://www.econbiz.de/10013320786
unemployment rate in Australia. Okun's law also implies a rate of output growth consistent with stable unemployment, called the …
Persistent link: https://www.econbiz.de/10014035504
unemployment rate, using a search and matching model. We incorporate disembodied technological progress and on-the-job search into … faster growth to reduce unemployment by decreasing the separation rate and inducing job creation. We demonstrate that … growth on unemployment. Our quantitative analysis shows that our model increases the magnitude of the negative impact of …
Persistent link: https://www.econbiz.de/10014208790
made in terms of several macroeconomic indicators, GDP, Unemployment, Inflation, Current Account Balances, and debt. …
Persistent link: https://www.econbiz.de/10009774315