Showing 81 - 90 of 4,772
This paper provides a critique of the "unemployment invariance hypothesis", according to which the behavior of the … labor market ensures that the long-run unemployment rate is independent of the size of the capital stock, productivity, and … equilibrating mechanisms to ensure unemployment invariance and that other markets may perform part of the equilibrating process as …
Persistent link: https://www.econbiz.de/10011412072
unemployment, most research has focused on analyzing the effect of unemployment insurance (UI) policies on reemployment outcomes … benefit duration (PBD) within the German UI system, we find that longer PBD leads to longer actual unemployment duration for … for those individuals becoming re-employed. With increasing unemployment benefit duration, the founders’ outcomes in terms …
Persistent link: https://www.econbiz.de/10012241969
firm affect the worker's unemployment risk? The empirical analyses are based on three matched data sets: (i) survey data … registered unemployment. The main findings are: First, the resources and economic situation of the firm affect the workers' risks … and productive firms. Second, the effect on unemployment risks of the acquisition of skills within the firm is conditioned …
Persistent link: https://www.econbiz.de/10011574785
Many firms adjust employment in a "lumpy" manner -- infrequently and in large bursts. In this paper, I show that lumpy adjustments can arise from concerns about the incentives of remaining workers. Specifically, I develop a model in which a firm's productivity depends on its workers' effort and...
Persistent link: https://www.econbiz.de/10011709242
Population size and structure in conjunction with the participation behavior are the determinants of labor supply. Thereby, among the demographic components, migration is the one shaping both the size and the structure of a population the strongest in the short to medium term while...
Persistent link: https://www.econbiz.de/10014282754
between the inflation rate and the unemployment rate is extremely important. This tradeoff has become known as the Phillips … statistical technique that solves the omitted variables problem, to estimate the tradeoff between inflation and unemployment for … international context for the vast majority of the countries studied is affecting the inflation versus unemployment tradeoff. …
Persistent link: https://www.econbiz.de/10012167179
This paper presents a model in which firms recruit both unemployed and employed workers by posting vacancies. Firms act monopsonistically and set wages to retain their existing workers as well as to attract new ones. The model differs from Burdett and Mortensen (1998) in that its assumptions...
Persistent link: https://www.econbiz.de/10003715729
account for the empirical relation between the job-finding rate and the vacancy-unemployment ratio, provided that search costs … ; unemployment …
Persistent link: https://www.econbiz.de/10003755951
Dieser Aufsatz untersucht die Hypothese, dass der Grad an Arbeitsmarkthysterese in Folge einer Rezession von der Reaktion der Geldpolitik abhängt. Der Hysteresegrad wird in der empirischen Untersuchung durch die geldpolitische Reaktion und Standardvariablen für Arbeitsmarktinstitutionen in...
Persistent link: https://www.econbiz.de/10003772351
. Controlling for demand-side and supply-side determinants of unemployment, we show that the PTB plays a significant role in … explaining unemployment in the continental European countries, but not in the Nordic nor the Anglo-Saxon ones. We also show that … there is no relationship between the incidence of the PTB and unemployment persistence, even though there is a positive one …
Persistent link: https://www.econbiz.de/10003355556