Showing 1 - 10 of 12
This paper estimattes the impact of unemployment on subsequent earnings for a large and repesentative sample of British men, 1984094. Unemploymentincidence is found to have only a temporary effect, an average earnings setback of 10% on re-engagement largely eroding over two years. The effect of...
Persistent link: https://www.econbiz.de/10005776251
The Welsh economy has undergone rapid structural change in recent years. This paper uses data from the New Earnings Survey to examine how earnings in Wales changed relative to those of Great Britain between 1975 and 1994. There are five main findings. First, earnings of workers in Wales have...
Persistent link: https://www.econbiz.de/10004977864
We study the role of preferences in the process of unemployment benefit determination. Perhaps surprisingly, survey evidence for the UK suggests that both the employed and unemployed wish to see a more generous level of unemployment benefits.
Persistent link: https://www.econbiz.de/10005090628
We present a simple model where unemployment benefits are determined in an economy in which there is endogenous delay in finding a job so that workers desire insurance against the possibility of unemployment.
Persistent link: https://www.econbiz.de/10005090680
The empirical results show that changes in the job-mix across the economy, from high to low overtime jobs rather than within-job changes in the use of overtime, account for most of the apparent decline in the extent of overtime working over the 1990s. Within jobs, the GDP cycle has a significant...
Persistent link: https://www.econbiz.de/10005090699
This paper explores the effects of unemployment on the school enrolment decisions. A few studies that have taken up this issue in the past have produced results that are seemingly contradictory with each other. We build a model of the enrolment decision that is capable of explaining these...
Persistent link: https://www.econbiz.de/10005047805
Why might there be a long-run trade-off between growth and unemployment? In general equilibrium, the returns on the factors of production are interdependent. This paper develops a model where the determination of the wage is central to the evolution of these incentives. The incentive to hire...
Persistent link: https://www.econbiz.de/10005047919
There has been a surge in the number of employed people looking for another job in Britain in the last twenty years. In this paper we present the first time series analysis of on-the-job search. Vacancies are a significant explanatory variable in equation but unemployment is not. We interpret...
Persistent link: https://www.econbiz.de/10005051060
In a matching model of the labour market in which employers and job seekers have to engage in a costly serach process to create a match, we show that on-the-job search ceteris paribus reduces the unemployment outflow rate. We derive this result for two alternative assumptions as to the relative...
Persistent link: https://www.econbiz.de/10005051107
This paper considers linkages between national labour markets in a global economy, extending the existing analyses to the empirically important case where factor price equalization does not hold. Removing the assumption of factor price equalization allows the divergent wage experience as well as...
Persistent link: https://www.econbiz.de/10005051115