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persons. However, stigma related to unemployment or inactivity can hinder their hiring chances when applying for a job. This …-term unemployment of up to six months positively affects hiring prospects, while the adverse effects of unemployment scarring become … negative impact of longer spells. The latter negative signal is more pronounced when unemployment rates are low. …
Persistent link: https://www.econbiz.de/10014582268
market between employment, unemployment, and professional inactivity. The COVID-19 pandemic caused a severe drop in the …
Persistent link: https://www.econbiz.de/10014425744
inflation. Among other things, the unemployment gap, which is the difference between unemployment rate and non …-accelerating inflation rate of unemployment (NAIRU), is used to measure inflationary pressure from the labour market. This paper examines … revisional property of the NAIRU is also examined, as well as the forecast capacity of the unemployment gap with regard to wages …
Persistent link: https://www.econbiz.de/10011399270
by investments in R&D performed in the high-wage sector. Unemployment is determined by the costs and benefits of waiting … for a high-paid job. The wage structure, growth, and unemployment are shown to depend on the way effort is extracted. …
Persistent link: https://www.econbiz.de/10011326411
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
This paper investigates the impacts of the economic shock caused by the COVID-19 pandemic on the employment of different types of workers in developing countries. Employment outcomes are taken from a set of high-frequency phone surveys conducted by the World Bank and National Statistics Offices...
Persistent link: https://www.econbiz.de/10012583672
The COVID-19 pandemic has upended the U.S. economy and labor market. We assess the initial spike in unemployment due to … the virus response and possible paths for the official unemployment rate through 2021. Substantial uncertainty surrounds … the path for measured unemployment, depending on the path of the virus and containment measures and their impact on …
Persistent link: https://www.econbiz.de/10012228061
Results of general equilibrium models are sensitive to model parameterization and specification. The role of macroeconomic closures and the effect of trade elasticities are documented in the literature, but there is no systematic analysis of the implications of different labor supply...
Persistent link: https://www.econbiz.de/10012232857
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
-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