Showing 1 - 10 of 1,395
This paper analyzes the role of labor market institutions for youth unemployment, as contrasted to total unemployment …. The empirical results are basically consistent with an insider view of labor market institutions. Labor market … institutions tend to protect (older) employees but might harm (young) entrants. Remarkable is especially the significant and very …
Persistent link: https://www.econbiz.de/10010416202
Blanchard and Wolfers (2000) to analyse the role of the interaction of macroeconomic shocks and labour market institutions for … of the unemployment rate and of worker transitions. …
Persistent link: https://www.econbiz.de/10011722636
Blanchard and Wolfers (2000) to analyse the role of the interaction of macroeconomic shocks and labour market institutions for … of the unemployment rate and of worker transitions. …
Persistent link: https://www.econbiz.de/10011821431
We analyze investment decisions when information is costly, with and without delegation to an agent. We use a rational-inattention model and compare it with a canonical signal-extraction model. We identify three "investment conditions". In "sour" conditions, no information is acquired and no...
Persistent link: https://www.econbiz.de/10011667675
investigation, it is shown that electronic skills induce more cybercrime under weak institutions where the rules of law do not … institutions suggests that institutional factors are crucial to allocating human capital between productive and criminal activities …
Persistent link: https://www.econbiz.de/10011420683
applying an instrumental variable estimation approach. -- Unemployment ; institutions ; labor and product markets ; model …Labor and product market regulations affect the unemployment rate of a country without doubt. Econometricians, however … indicators are identified as significant determinants of unemployment. Endogeneity due to reverse causality is also considered by …
Persistent link: https://www.econbiz.de/10008652532
for 19 OECD countries on unemployment, FDI, and labor market institutions. Results support the model in that net-FDI is … robustly associated with lower rates of aggregate unemployment. -- FDI ; search unemployment ; labor market institutions … global financial markets enables capital owners to invest abroad, thereby fostering unemployment at the extensive industry …
Persistent link: https://www.econbiz.de/10009529635
mainly labour market institutions explain unemployment, others argue that this correlation is not robust. One explanation for … these contradictory results is that labour market institutions affect unemployment in varying labour market regimes … market institutions show different impacts on unemployment depending on the general institutional arrangement. Support for …
Persistent link: https://www.econbiz.de/10009530395
facilitates the analysis of skill-specific institutional changes. A government can influence wages and unemployment of the low …-skilled by manipulating labor market institutions concerning high-skill workers only. One-sided interventions affect all workers … at home and abroad irrespective of their level of skill. -- FDI ; globalization ; search unemployment ; labor market …
Persistent link: https://www.econbiz.de/10009409344
Isolated effects of labor and product market institutions as well as the interaction between both aforementioned … categories on unemployment have been extensively discussed in the empirical literature. However, interaction effects between … individual labor market institutions have been widely neglected, mainly due to the infeasibility to correctly specify the model …
Persistent link: https://www.econbiz.de/10009298928