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The persistence of U.S. unemployment has risen with each of the last three recessions, raising the specter that future … shocks do not systematically lead to more persistent unemployment than monetary policy shocks, so these cannot explain the … rising persistence of unemployment. Second, monetary and fiscal policies can account for only part of the evolving …
Persistent link: https://www.econbiz.de/10013073937
The persistence of U.S. unemployment has risen with each of the last three recessions, raising the specter that future … shocks do not systematically lead to more persistent unemployment than monetary policy shocks, so these cannot explain the … rising persistence of unemployment. Second, monetary and fiscal policies can account for only part of the evolving …
Persistent link: https://www.econbiz.de/10013061955
The persistence of U.S. unemployment has risen with each of the last three recessions, raising the specter that future … shocks do not systematically lead to more persistent unemployment than monetary policy shocks, so these cannot explain the … rising persistence of unemployment. Second, monetary and fiscal policies can account for only part of the evolving …
Persistent link: https://www.econbiz.de/10010207304
which unemployment experiences have a scarring effect on British men during the Great Recession. Second, it provides an … insight into the relation between true state dependence and the business cycle by investigating the role of local unemployment … in affecting the persistence of unemployment incidence and by analysing the dynamics of unemployment scarring in the last …
Persistent link: https://www.econbiz.de/10010504570
The persistence of U.S. unemployment has risen with each of the last three recessions, raising the specter that future … shocks do not systematically lead to more persistent unemployment than monetary policy shocks, so these cannot explain the … rising persistence of unemployment. Second, monetary and fiscal policies can account for only part of the evolving …
Persistent link: https://www.econbiz.de/10010329115
unemployment are greatly hindered by workers' preferences for amenities …
Persistent link: https://www.econbiz.de/10012997651
Regional labour markets in the „Great Recession“: The evolution of regional unemployment rates in Germany, France and … explain the spatially unequal development of unemployment rates at the regional level?”. Using a cross‐section data‐set with … the percentage point increase of regional unemployment rates between 2008 and 2009 as the dependent variable and a set of …
Persistent link: https://www.econbiz.de/10009731773
-2007. Moreover, the results suggested that unemployment bore an association with occupational access constraints and wage sorting in …
Persistent link: https://www.econbiz.de/10012607746
Unemployment is notoriously difficult to predict. In previous studies, once country fixed effects are added to panel … estimates, few variables predict changes in unemployment rates. Using panel data for 29 European countries - Austria; Belgium … predict changes in the unemployment rate 12 months in advance based on individuals' fears of unemployment, their perceptions …
Persistent link: https://www.econbiz.de/10012610842
the financial market, we address two prominent mechanism through which firms' financial constraints amplify unemployment … substantial decline in both unemployment and wages. Financial constraints therefore weaken the direct link between wage rigidity … and unemployment volatility. …
Persistent link: https://www.econbiz.de/10012389827