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Implications of labor supply specifications in CGE models : a demonstration for employment of Palestinian labor in Israel and its impact on the West Bank economy
Agbahey, Johanes; Siddig, Khalid Hassan Ali; Grethe, Harald - 2020
Results of general equilibrium models are sensitive to model parameterization and specification. The role of macroeconomic closures and the effect of trade elasticities are documented in the literature, but there is no systematic analysis of the implications of different labor supply...
Persistent link: https://www.econbiz.de/10012232857
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Long-term unemployment and labor force participation : a decomposition of unemployment to test for the discouragement and added worker hypotheses
Fuchs, Johann; Weber, Enzo - 2015
unemployment rate - into a short-term and a long-term component. While short-term unemployment might not result in additional … workers on a large scale, long-term unemployment reduces household income more, increasing the need for additional income. On … are available, distinguishing between short-term and long-term unemployment reveals discouragement effects. …
Persistent link: https://www.econbiz.de/10011387803
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The Supply Side of Jobless Recoveries
Herkenhoff, Kyle - 2013
The fraction of unemployed households with revolving credit more than tripled between the late 1970s and the early 1990s, and new evidence suggests that close to 20% of unemployed households use revolving credit to replace lost income while as much as 40% default in response to job loss....
Persistent link: https://www.econbiz.de/10013077483
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Labor Supply Dynamics, Unemployment and Human Capital Investments
Wasmer, Etienne - 2021
composition of the labor force, between-groups wage inequality and the level of unemployment. The main result is that a labor … labor force, there is higher unemployment among low-experience workers, they do not accumulate enough on-the-job human …
Persistent link: https://www.econbiz.de/10013320579
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The unemployment invariance hypothesis and the implications of added and discouraged worker effects in Latin America
Maridueña-Larrea, Ángel; Martín-Román, Ángel - 2023
This research explores the long-term equilibrium relationship between unemployment and labour force participation rates … focused on the study of time series is used to validate the unemployment invariance hypothesis and explore added and … the unemployment invariance hypothesis in several countries appears to reflect some rigidities that prevent the …
Persistent link: https://www.econbiz.de/10013546014
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Employment and output dynamics in a model with social interactions in labor supply
Başkaya, Yusuf Soner; Kilinç̦, Mustafa - 2010
A particular challenge for the macroeconomic models is their inability to match the joint dynamics of employment, wage and output observed in the data. In this paper, we incorporate labor-leisure externalities into a standard model, as supported both by recent empirical studies in labor...
Persistent link: https://www.econbiz.de/10009157810
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What do participation fluctuations tell us about labor supply elasticities?
Häfke, Christian; Reiter, Michael - 2012
participation. A model that is calibrated to replicate the variability of unemployment and participation, and the negative … correlation of unemployment and GDP, implies an aggregate labor supply elasticity along the extensive margin of around 0.3 for men …
Persistent link: https://www.econbiz.de/10009670686
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Fluctuations in hours of work and employment across age and gender
Laroque, Guy; Osotimehin, Sophie - 2014
This paper documents the heterogeneity in labor market volatility across ages and gender in the United States over 1976-2014. We separate fluctuations in hours worked into fluctuations in the average number of hours per worker (the intensive margin) and fluctuations in the number of individuals...
Persistent link: https://www.econbiz.de/10010470918
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Modelling nonlinear behavior of labor force participation rate by STAR : an application for Turkey
Cengiz, Sibel; Şahin, Afşin - In: International journal of economic sciences and applied … 7 (2014) 1, pp. 113-127
unemployment rates while evaluating the tightness of the labor market. …
Persistent link: https://www.econbiz.de/10010459788
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What do participation fluctuations tell us about labor supply elasticities?
Häfke, Christian; Reiter, Michael - 2011
participation. A model that is calibrated to replicate the variability of unemployment and participation, and the negative … correlation of unemployment and GDP, implies an aggregate labor supply elasticity along the extensive margin of around 0.3 for men …
Persistent link: https://www.econbiz.de/10009516939