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The need for entrepreneurship for economic development has always been crucial in the history of successful nations and developed economies because entrepreneurs are the leaders who invent innovative ideas that give spark to economic activities. Entrepreneurship is a key determinant of...
Persistent link: https://www.econbiz.de/10011170212
This article explores the long-run relationship between unemployment rate and labor force participation rate in Canada … leads us to doubt the pertinence of the unemployment invariance hypothesis for Canada. This is consistent with the empirical …
Persistent link: https://www.econbiz.de/10011528837
We develop an adjustment procedure to construct U.S. monthly time series of involuntary part-time employment stocks and flows from 1976 until today. Armed with these new data, we provide a comprehensive account of the dynamics of involuntary part-time work. Transitions from full-time to...
Persistent link: https://www.econbiz.de/10011913254
the 2018-2021 period. The analysis focuses on the divergences in out-of-unemployment transitions and medium … detachment, prolonged periods of unemployment or a diminished success rate in reemployment. However, certain socio …
Persistent link: https://www.econbiz.de/10014534535
Survey (LFS) to construct worker transition rates across employment, unemployment, and inactivity. Our approach involves … of job search from inactivity compared to unemployment. This factor provides enough structure to prevent arbitrary … splitting of unemployment outflows between employment and inactivity. In turn, the estimated job search factor can be used in a …
Persistent link: https://www.econbiz.de/10014461497
document how worker flows between employment, unemployment, and out of the labor force vary by gender and age and contribute to …
Persistent link: https://www.econbiz.de/10014502913
-specific unemployment rates in 1997. The required nominal wage reductions range from 8.8 to 12.2% and are the higher the lower the employees …
Persistent link: https://www.econbiz.de/10010297815
increases in youth unemployment and youth participation in active labor market programs. The impact on unemployment rates by age … and education has been roughly proportional, however. The evolution of employment and unemployment does not offer much … ground for the popular hypothesis that the recent rise in unemployment is driven by large and pervasive shifts in the demand …
Persistent link: https://www.econbiz.de/10010321785
stock and flow data to understand key developments. We find dramatic changes in employment, unemployment and labour market …
Persistent link: https://www.econbiz.de/10012592551
The informational value of the aggregate US unemployment rate has recently been questioned because of a unit root in … the labor-force participation rate; the lack of mean reversion implies that long-run changes in unemployment rates are … highly unlikely to reflect long-run changes in joblessness. This paper shows that this critique also extends to unemployment …
Persistent link: https://www.econbiz.de/10008656701