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increases in youth unemployment and youth participation in active labor market programs. The impact on unemployment rates by age … and education has been roughly proportional, however. The evolution of employment and unemployment does not offer much … ground for the popular hypothesis that the recent rise in unemployment is driven by large and pervasive shifts in the demand …
Persistent link: https://www.econbiz.de/10011588179
fundamental role in determining unemployment movements. This role has generally been examined by considering indirect transmission … the chain reaction theory of unemployment, and we find that capital stock is a major determinant of unemployment in the … Nordic countries. In particular, the different unemployment experiences of these economies derive from the temporary (albeit …
Persistent link: https://www.econbiz.de/10014213149
fundamental role in shaping unemployment movements. This role has generally been examined by considering indirect transmission … single-equation unemployment rate models. Here we advocate a different approach. We directly estimate the effects of capital … stock in the labour market by applying the chain reaction theory of unemployment, and we find that capital stock is a major …
Persistent link: https://www.econbiz.de/10013316800
fundamental role in shaping unemployment movements. This role has generally been examined by considering indirect transmission … single-equation unemployment rate models. Here we advocate a different approach. We directly estimate the effects of capital … stock in the labour market by applying the chain reaction theory of unemployment, and we find that capital stock is a major …
Persistent link: https://www.econbiz.de/10010284193
This paper investigates the connection between the Swedish wage profile of net job creation and Autor, Levy, and Murnane's (2003) proposed substitutability between routine tasks and technology. We first show that between 1975 and 2005, Sweden exhibited a pattern of job polarization with...
Persistent link: https://www.econbiz.de/10010321468
We analyze investment decisions when information is costly, with and without delegation to an agent. We use a rational-inattention model and compare it with a canonical signal-extraction model. We identify three "investment conditions". In "sour" conditions, no information is acquired and no...
Persistent link: https://www.econbiz.de/10011667675
This paper investigates the connection between the Swedish wage profile of net job creation and Autor, Levy, and Murnane's (2003) proposed substitutability between routine tasks and technology. We first show that between 1975 and 2005, Sweden exhibited a pattern of job polarization with...
Persistent link: https://www.econbiz.de/10009307513
By international standards, unemployment in Sweden remained remarkably low throughout the 1970s and the 1980s. In the … early 1990s, however, the unemployment rate skyrocketed and hit double-digit levels. Unemployment remained high for several … the rise and fall of unemployment. It is argued that the steep rise in unemployment was mainly the result of a series of …
Persistent link: https://www.econbiz.de/10011507743
) have been used as a means to fight high unemployment. This paper discusses the mechanisms through which ALMPs affect (un)employment … open unemployment, but also reduced regular employment. The overall policy conclusion is that ALMPs of the scale used in …. There should be a greater emphasis on holding down long-term unemployment in general and a smaller emphasis on youth …
Persistent link: https://www.econbiz.de/10011575137
(i.e., switching from self-employment to unemployment) are substantial and exceed the costs of involuntarily losing a … salaried job (i.e., switching from salaried employment to unemployment). Meanwhile, leaving self-employment has no consequences …
Persistent link: https://www.econbiz.de/10012212526