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How far from full employment? : the European unemployment problem revisited
Gökten, Meryem; Heimberger, Philipp; Lichtenberger, Andreas - 2024
Beveridge (full-employment-consistent) rate of unemployment (BECRU), derived from the unemployment-vacancies relationship. The … BECRU is the level of unemployment that minimises the non-productive use of labour. Based on a novel dataset for the period …. The European unemployment problem emerged in the 1980s and 1990s, as Beveridgean full employment gaps increased. In the …
Persistent link: https://www.econbiz.de/10014507179
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Endogenous job contact networks
Galeotti, Andrea; Merlino, Luca Paolo - 2010
We develop a model where workers, anticipating the possibility of unemployment, invest in connections to access …
Persistent link: https://www.econbiz.de/10010288952
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Has COVID-19 Induced Labor Market Mismatch? Evidence from the US and the UK
Pizzinelli, Carlo; Shibata, Ippei - 2022
This paper studies whether labor market mismatch played an important role for labor market dynamics during the COVID-19 pandemic. We apply the framework of S¸ahin et al. (2014) to the US and the UK to measure misallocation between job seekers and vacancies across sectors until the third quarter...
Persistent link: https://www.econbiz.de/10013295149
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Personal insolvency dynamics in Germany and the UK : a SUR-TAR approach
König, Nadja - 2016
This paper analyses the dynamics of personal insolvencies in Germany and the UK, focusing on the recent recession. These countries are particularly interesting as they are both member countries of the European Union, yet have completely different approaches to deal with overindebted individuals....
Persistent link: https://www.econbiz.de/10011420671
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Are there alternatives to bankruptcy? : a study of small business distress in Spain
García-Posada, Miguel; Mora-Sanguinetti, Juan S. - In: SERIEs : Journal of the Spanish Economic Association 5 (2014) 2/3, pp. 287-332
Small businesses, the majority of Spanish firms, rarely file for formal bankruptcy when dealing with financial distress. This is why business bankruptcy rates in Spain are among the lowest in the world, even during the current economic crisis. To explain this fact we present the following...
Persistent link: https://www.econbiz.de/10010422287
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Household Decisions, Credit Markets and the Macroeconomy : Implications for the Design of Central Bank Models
Muellbauer, John - 2013
It is widely acknowledged that the recent generation of DSGE models failed to incorporate many of the liquidity and financial accelerator mechanisms revealed in the global financial crisis that began in 2007. This paper complements the papers presented at the 2009 BIS annual conference focused...
Persistent link: https://www.econbiz.de/10013094782
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Is a sorrow shared a sorrow doubled? : parental unemployment and the life satisfaction of adolescent children
Borah, Melanie; Knabe, Andreas; Lücke, Christine - 2023
This paper examines possible spillover effects of parental unemployment on the subjective wellbeing of 12- to 21-year …-old children. Using German panel data (SOEP), we show that unemployment of fathers and mothers is negatively associated with their … unemployment has negative effects, while no effect of fathers' unemployment can be detected. In subgroup analyses, we do not find …
Persistent link: https://www.econbiz.de/10014431287
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How can temporary work agencies provide more training? : staffing agencies could play a more prominent role in the provision of training for the low qualified and previously unempl...
Spermann, Alexander - 2016
Temporary work agencies use training as a recruitment and retention argument when qualified labor is scarce. However, short job assignments present a major obstacle for employers and employees to increase investment in training. As temporary agency workers are mainly low-qualified and often...
Persistent link: https://www.econbiz.de/10011456169
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A test of the "Krugman hypothesis" for the United States, Britain, and Western Germany
Puhani, Patrick A. - 2003
Rising wage inequality in the U.S. and Britain (especially in the 1980s) and rising continental European unemployment … large data sets from the U.S., Britain, and western Germany to test the Krugman hypothesis for the 1990s, when unemployment …
Persistent link: https://www.econbiz.de/10011448440
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Mixed economy of welfare emerging in Poland : outplacement and non-governmental employment agencies examples
Klimczuk, Andrzej - 2015
One of the key challenges of social policy in Poland in the early 21st century is to adapt its management to the requirements of a service economy. Essential conditions for the mixed economy of welfare have been already created after adjustments of the subsystems of national social policy during...
Persistent link: https://www.econbiz.de/10011450482