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As a measure of labor market strength, the raw employment-to-population ratio (EPOP) confounds employment outcomes with … labor supply behavior. Movement in the EPOP depends on the relative movements of the employment rate (one minus the …
Persistent link: https://www.econbiz.de/10010384370
In the euro area, there is mixed evidence that the GDP per capita of lower-income economies has been catching up with that of higher-income economies since the start of monetary union. The significant real convergence performance of some of the most recent members contrasts with that of the...
Persistent link: https://www.econbiz.de/10012941989
This paper presents evidence for sources and channels of nonlinearities and instabilities of the new Keynesian Phillips curve (NKPC) for the euro area and all but four member states over the last two decades prior to the COVID-19 crisis. The approach rests upon misspecification testing using...
Persistent link: https://www.econbiz.de/10013206662
OECD countries faced largely divergent employment rates during the last decades. But the whole bulk of the cross … account for cross-country variations in both the level and the dynamics of employment rates of demographic groups. Second, we …-national differences in family attitudes. Studying the correlation between employment rates and family attitudes, we then show that the …
Persistent link: https://www.econbiz.de/10003155692
relationships between well-being and job satisfaction on the one hand and employment status and retirement, on the other, using …. There is no well-being premium for involuntary late-life work and self-employment compared to retirement, however. Our …
Persistent link: https://www.econbiz.de/10010251177
OECD countries faced largely divergent employment rates during the last decades. But the whole bulk of the cross … account for cross-country variations in both the level and the dynamics of employment rates of demographic groups. Second, we …-national differences in family attitudes. Studying the correlation between employment rates and family attitudes, we then show that the …
Persistent link: https://www.econbiz.de/10013318373
Macroeconomic studies suggest that employment-output elasticities in the euro area increased during the recovery from … the probabilities of worker flows across employment and unemployment in euro area countries during the period 2000-2015 in …
Persistent link: https://www.econbiz.de/10013315346
Macroeconomic studies suggest that employment-output elasticities in the euro area increased during the recovery from … the probabilities of worker flows across employment and unemployment in euro area countries during the period 2000-2015 in …
Persistent link: https://www.econbiz.de/10012059053
Persistent link: https://www.econbiz.de/10001737225
We analyze the impact of the UK national minimum wage (NMW) on the employment of young workers. The previous literature …, we find a significant and negative employment effect for male workers at 21, which we believe to be an anticipation … effect on employment of young workers, with this effect possibly occurring already well in advance of reaching the threshold …
Persistent link: https://www.econbiz.de/10009764461