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Unemployment invariance
Karanassou, Marika; Snower, Dennis J. - 2002
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 the labor force. Using Solow growth and endogenous growth...
Persistent link: https://www.econbiz.de/10010281026
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The labor market worsening effects of a resource bust : evidence from the crude oil price shock in Ecuador
Parra-Cely, Sergio; Zanoni López, Wladimir - 2022
To assess the effects of an oil price bust on individual labor market outcomes, we leverage the 2015 exogenous decline in international oil prices with geographical variation in oil-dependency in Ecuador. To account for propagation mechanisms, we also test the causal effect of the oil price bust...
Persistent link: https://www.econbiz.de/10014495962
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Unemployment Invariance
Karanassou, Marika; Snower, Dennis J. - School of Economics and Finance, Queen Mary - 2002
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 the labor force. Using Solow growth and endogenous...
Persistent link: https://www.econbiz.de/10005106368
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Globalisation and Employment: A Prelude
Majumder, Rajarshi - Volkswirtschaftliche Fakultät, … - 2008
, especially in developing regions. Elasticity of employment is low and falling further. Whatever little employment expansion is … market negatively. Employment growth and elasticities are lower in regions that have had rapid globalisation. Institutional …
Persistent link: https://www.econbiz.de/10005616915
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Formal and informal labor markets : challenges and policy in the Central and Eastern European new EU members and candidate countries /
Schneider, Friedrich; Burger, Christina - 2004
depicted and its effects on formal and informal labour markets. The most important challenges for employment policy as well as …
Persistent link: https://www.econbiz.de/10009748285
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Happiness as a guide to labor market policy : happiness is key to a productive economy, and a job is key to individual happiness
Ritzen, Jozef M. M. - 2015
the rate of unemployment in society, have a negative effect on happiness. In contrast, employment protection and …
Persistent link: https://www.econbiz.de/10011430773
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A vibrant European labor market with full employment
Ritzen, Jozef M. M.; Zimmermann, Klaus F. - In: IZA journal of European Labor Studies 3 (2014) 10, pp. 1-24
We sketch a visionary strategy for Europe in which full employment is quickly regained by 2020, income inequality is … present policies continue within the European Union (EU) and its member states. In the vibrant scenario, full employment is … shortages. The road to full employment is embedded in a landscape with less income inequality and more "greening" of EU member …
Persistent link: https://www.econbiz.de/10010533168
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A vibrant European labor market with full employment
Ritzen, Jozef M. M.; Zimmermann, Klaus F. - 2013
We sketch a visionary strategy for Europe in which full employment is quickly regained by 2020, where income inequality … employment is regained by more policy attention toward innovation and its underlying research and development (R&D), accompanied … market shortages. The road to full employment is embedded in a landscape with less income inequality and more “greening” of …
Persistent link: https://www.econbiz.de/10010227788
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Spatial aggregation bias in wage curve and NAWRU estimation
Persyn, Damiaan - 2020
I argue in this paper that the estimation of wage curves and NAWRUs at the country level suffers from spatial aggregation bias. Using European data for the years 2000-2017, I find steeper country level wage curves and higher NAWRUs, compared to estimating at the underlying regional level. The...
Persistent link: https://www.econbiz.de/10012387309
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A reform agenda for improving the delivery of ALMPs in the MENA region
Angel-Urdinola, Diego F.; Leon-Solano, Rene A. - In: IZA journal of labor policy 2 (2013), pp. 1-25
high unemployment, prevalence of skills mismatches, low labor market mobility, and lack of formal employment networks … study first introduces a conceptual framework for ALMPs and describes their overall impact on employment outcomes. The study … through existing public employment agencies. The study also presents the results of some of the few available robust …
Persistent link: https://www.econbiz.de/10010205767