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The aim of this paper is to analyze and estimate salient characteristics of unemployment dynamics. Movements in unemployment are viewed as "chain reactions" of responses to labour market shocks, working their way through systems of interacting lagged adjustment processes. In the context of...
Persistent link: https://www.econbiz.de/10010293972
The expansion of Western European production accelerated in the first half of 1997. Exports were the main engine, driven by a devaluation of European currencies and strong growth abroad. Domestic demand also picked up somewhat led by investment in machinery and equipment. Inflation remained at...
Persistent link: https://www.econbiz.de/10010295104
Rising wage inequality in the U.S. and Britain (especially in the 1980s) and rising continental European unemployment (with rather stable wage inequality) have led to a popular view in the economics profession that these two phenomena are related to negative relative demand shocks against the...
Persistent link: https://www.econbiz.de/10010297281
Using the statistical technique of fuzzy clustering, regimes of inflation and unemployment are explored for the United States, the United Kingdom and Germany between 1871 and 2009. We identify for each country three distinct regimes in inflation/unemployment space. There is considerable...
Persistent link: https://www.econbiz.de/10010299186
Gerade am Anfang der Erwerbskarriere ist Arbeitslosigkeit keine Seltenheit. In diesem Artikel argumentieren wir, dass … in Abhängigkeit von institutionellen Rahmenbedingungen Arbeitslosigkeit verschiedene Konsequenzen für die zukünftige … Erwerbskarriere in Großbritannien und Deutschland hat. Während Such- und Matchingmodelle positive Effekte prognostizieren, sagen die …
Persistent link: https://www.econbiz.de/10010323812
Across OECD countries there are large differences in the average level and trend of working hours and there is persuasive evidence that attitudes to paid employment, particularly for women, differ significantly. This paper therefore asks the question: 'How much of the difference between...
Persistent link: https://www.econbiz.de/10010335417
Sozio-oekonomischen Panels (SOEP) kann für Kinder, die in Deutschland von 1966 bis 1986 geboren wurden, methodisch …
Persistent link: https://www.econbiz.de/10011601646
Not only the level of aggregate unemployment but also the properties of its dynamics are an important topic in macroeconomics and labor economics. Several models like e.g. matching models with endogenous job destruction explicitly predict an asymmetric pattern in the evolution of unemployment,...
Persistent link: https://www.econbiz.de/10010262548
Rising wage inequality in the U.S. and Britain (especially in the 1980s) and rising continental European unemployment (with rather stable wage inequality) have led to a popular view in the economics profession that these two phenomena are related to negative relative demand shocks against the...
Persistent link: https://www.econbiz.de/10010262722
keine Arbeitslosenversicherung im herkömmlichen Sinne: Die Einkommenssicherung bei Arbeitslosigkeit erfolgt durch die …
Persistent link: https://www.econbiz.de/10010265488