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The prospects for labour supply in Europe are considered. The analysis begins with a so-called labour market balance covering the development on an aggregate level. Estimations to shed light on the relation between unemployment and labour force participation are given in the second part of the...
Persistent link: https://www.econbiz.de/10010260460
The paper analyzes why Germany experiences the high and sticky unemployment. It looks at wage policy and proposes a new approach to measure productivity growth when unemployment increases. It studies the position of trade unions and the institutional set-up of the labor market. It looks at the...
Persistent link: https://www.econbiz.de/10010273145
We present data characterizing the U.S. labor market during the Great Recession and subsequent recovery. U.S. employment declines were dramatic among young adults, substantial among prime-aged adults, and modest among those near retirement. The decline in employment among working-age adults...
Persistent link: https://www.econbiz.de/10011107797
This article analyzes the indexes for nonfarm agricultural activities, which combine agricultural activities with both employment and wage. They were made with panel data of Living Measurement Standard Survey (1993, 1998, 2001 and 2005) and they were processed with econometric model as...
Persistent link: https://www.econbiz.de/10011112117
A “constant” wage is pair-wise inefficient in a standard search model when workers endogenously separate from employment. We derive a pair-wise efficient employment contract that involves workers paying a hiring fee (or bond) upon the formation of a match. We estimate the constant wage and...
Persistent link: https://www.econbiz.de/10011051712
To the layperson, the upward trend in European unemployment is related to the slowdown in economic growth. We argue that the layperson’s view is correct. The increase in European unemployment and the slowdown in economic growth are related because they stem from a common cause: an excessively...
Persistent link: https://www.econbiz.de/10005662079
In this paper, the basics of globalization, the economic reforms initiated in India and the trends in employment and the impact of globalisation are discussed. It is argued that the unorganised workers would expand further due to globalisation. Under the present deprived conditions of...
Persistent link: https://www.econbiz.de/10005622130
Differences in regional unemployment in post-communist economies are large and persistent. We show that inherited variation in human-capital endowment across the regions of four such economies explains the bulk of regional unemployment variation there and we explore potential explanations for...
Persistent link: https://www.econbiz.de/10005738160
The prospects for labour supply in Europe are considered. The analysis begins with a so-called labour market balance covering the development on an aggregate level. Estimations to shed light on the relation between unemployment and labour force participation are given in the second part of the...
Persistent link: https://www.econbiz.de/10005755180
The theoretical model delves into the relationship between labor market institutions and unemployment by proving two propositions: (1) allowing informal activity bolsters job creation, and (2) if the institutional environment is initially, sufficiently, weak, then mitigating it will lower...
Persistent link: https://www.econbiz.de/10005789837