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Norway has a high labor force participation rate and a very low unemployment rate. Part of the reason for this …
Persistent link: https://www.econbiz.de/10011843164
Norway has a high labor force participation rate and a very low unemployment rate. Part of the reason for this …
Persistent link: https://www.econbiz.de/10012300354
Persistent link: https://www.econbiz.de/10000899348
We develop a theory of labor markets in a monetary economy with four realistic features: search frictions, worker productivity shocks, wage rigidity, and two-sided lack of commitment. Due to the non-Coasean nature of labor contracts, inefficient job separations occur in the form of endogenous...
Persistent link: https://www.econbiz.de/10014278008
Persistent link: https://www.econbiz.de/10001399049
The German "employment miracle", with a weak decline in employment and low unemployment during the great recession …
Persistent link: https://www.econbiz.de/10009792971
The South African economy was on a positive growth trajectory from 2003 to 2008 but, like other economies around the world, it was not spared from the effects of the 2008 global financial crisis. The economy has not recovered and employment in South Africa has not yet returned to its pre-crisis...
Persistent link: https://www.econbiz.de/10012209991
The economic crisis in the early 1990s brought about a dramatic increase in unemployment and a similar decrease in … labor force participation. Unemployment declined afterwards, but stabilized at around 6-7% - more than twice as high as … before the crisis. Today, the unemployment rate is lower than the EU average, though Sweden no longer stands out in this …
Persistent link: https://www.econbiz.de/10011870633
unemployment and non-participation. Despite the severity of the Covid-19 shock, by December 2021 most key measures of labor market …
Persistent link: https://www.econbiz.de/10014289493
Persistent link: https://www.econbiz.de/10001290767