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The Labor Market in the Great Recession: An Update
Elsby, Michael W.L.; Hobijn, Bart; Sahin, Aysegul; … - 2011
Since the end of the Great Recession in mid-2009, the unemployment rate has recovered slowly, falling by only one percentage point from its peak. We find that the lackluster labor market recovery can be traced in large part to weakness in aggregate demand; only a small part seems attributable to...
Persistent link: https://www.econbiz.de/10010326190
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Testing for Asymmetry in British, German and US Unemployment Data
Kohns, Stephan - 2001
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
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Two-tier labor markets in the great recession: France vs. Spain
Bentolila, Samuel; Cahuc, Pierre; Dolado, Juan Jose; Le … - 2010
This paper analyzes the strikingly different response of unemployment to the Great Recession in France and Spain. Their labor market institutions are similar and their unemployment rates just before the crisis were both around 8%. Yet, in France, unemployment rate has increased by 2 percentage...
Persistent link: https://www.econbiz.de/10010274923
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The cyclicality of worker flows: Evidence from Germany
Nordmeier, Daniela - 2013
Die Entwicklung von Arbeitslosigkeit und Beschäftigung wird maßgeblich von den Übergängen auf dem Arbeitsmarkt … Dynamik am deutschen Arbeitsmarkt ermöglichen. Die Arbeit umfasst drei eigenständige wissenschaftliche Aufsätze, die zentrale … Arbeitslosigkeit in Abhängigkeit von strukturellen Schocks * Modellierung von Einstellungen mithilfe einer Matchingfunktion. …
Persistent link: https://www.econbiz.de/10014433964
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Zum Arbeitsmarkt im Dezember 2001
Gerstenberger, Wolfgang - In: ifo Dresden berichtet 09 (2002) 1, pp. 15-17
Der sächsische Arbeitsmarkt hat weniger empfindlich auf die Abkühlung der Weltkonjunktur reagiert als mancherorts … befürchtet. Der - gemessen an der westdeutschen Entwicklung - günstige Verlauf der Arbeitslosigkeit in Sachsen ist nicht darauf … zurückzuführen, dass in Sachsen die Beschäftigung am zweiten Arbeitsmarkt ausgebaut wurde. …
Persistent link: https://www.econbiz.de/10011732937
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Time variation in Okun's law: A Canada and US comparison
Beaton, Kimberly - 2010
This article investigates the stability of Okun's law for Canada and the United States using a time varying parameter approach. Time variation is modeled as driftless random walks and is estimated using the median unbiased estimator approach developed by Stock and Watson (1998). Okun's law...
Persistent link: https://www.econbiz.de/10010279878
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Do business cycle conditions at the time of labour market entry affect future unemployment?
Raaum, Oddbjørn; Røed, Knut - 2002
Labour market conditions at the time and place of potential entry into the labour market are shown to have a substantial and persistent impact on adult labour market performance. Birth cohorts that face particularly depressed labour markets when they graduate from primary- and/or secondary...
Persistent link: https://www.econbiz.de/10010284268
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How tight is the labour market? A micro-based macro indicator
Gaure, Simen; Røed, Knut - 2003
We develop a new indicator of labour market tightness, based on the pure calendar time changes in individuals’ transition rates from unemployment to employment.Based on Norwegian register data from the 1989-2002 period, we show that this indicator,in contrast to the aggregate rate of...
Persistent link: https://www.econbiz.de/10010284458
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Measuring unemployment and cyclical participation in the British labour market
Hughes, Gordon A.; MacCormick, Barry - 1989 - rev.
Persistent link: https://www.econbiz.de/10000765695
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Changes in labor demand in recession : evidence from labor flows and wages
Starr-McCluer, Martha - 1992
Persistent link: https://www.econbiz.de/10000871279