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This study analyzes the educational attainment and early labor market outcomes of young migrants from the Former Soviet Union (FSU) who arrived in Germany between 1989 and 1994. The results reveal that migrants have lower educational attainments than natives, and that within the group of...
Persistent link: https://www.econbiz.de/10009771160
The relationship between happiness and work is subject to an ever growing empirical literature in economics. The analyses are mostly based on large-scale survey data to measure subjective well-being. Whereas one large strand of research investigates the effect of job loss and becoming...
Persistent link: https://www.econbiz.de/10010403446
has not been a good predictor of whether the unemployment rate at the end of the expansion following a shift was higher or …
Persistent link: https://www.econbiz.de/10010404537
creation and job destruction for university graduates, compared to other groups of workers. We find that the unemployment rate …
Persistent link: https://www.econbiz.de/10011414508
This chapter summarizes the latest state of the art in economic research on unemployment and subjective well …. Topics covered include the estimation of non-pecuniary costs of unemployment, unemployment over time, the role of others …' unemployment, spill-over effects, and re-employment, among others. …
Persistent link: https://www.econbiz.de/10012417634
Unemployment causes significant losses in the quality of life. In addition to reducing individual income, it also … show that, without this distinction, the non-pecuniary costs of unemployment are overestimated by roughly one …-third. Nevertheless, the non-pecuniary costs of unemployment with this modified quantification method still amount to 2.3 (1.5) times the …
Persistent link: https://www.econbiz.de/10011630069
less time at work outweighs the negative emotional effect of unemployment during leisure episodes, such that the unemployed …
Persistent link: https://www.econbiz.de/10011992330
such as unemployment. Previous studies indicate that monetary policy affects the output gap only at business cycle … frequencies, but the effects on unemployment may well be more persistent in countries with highly regulated labor markets. We … study the Swedish experience of unemployment and monetary policy. Using a structural VAR we find that around 30 percent of …
Persistent link: https://www.econbiz.de/10010295242
such as unemployment. Previous studies indicate that monetary policy affects the output gap only at business cycle … frequencies, but the effects on unemployment may well be more persistent in countries with highly regulated labor markets. We … study the Swedish experience of unemployment and monetary policy. Using a structural VAR we find that around 30 percent of …
Persistent link: https://www.econbiz.de/10010295302
This paper analyzes the dynamic effects of different macroeconomic shocks on unemployment in Germany. In a first step …, a cointegration analysis of productivity, prices, real wages, employment, and the unemployment rate reveals two long run … display that price, demand, and labor supply shocks affect unemployment significantly in the short/medium run. Interestingly …
Persistent link: https://www.econbiz.de/10010297779