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This study surveys the development of the East German labor market after the unification of Germany. We explain that in the last decade, East Germans were faced with very high levels of joblessness that considering labor market exits and active labor market policy, are only partly reported as...
Persistent link: https://www.econbiz.de/10011336858
This study surveys the development of the East German labor market after the unification of Germany. We explain that in the last decade, East Germans were faced with very high levels of joblessness that considering labor market exits and active labor market policy, are only partly reported as...
Persistent link: https://www.econbiz.de/10013321247
In order to capture the consequences of the COVID-19 pandemic on the labour market, several aspects need to be taken into account. First, containment measures put in place in member states at different times and with different levels of severity determined the interruption of several economic...
Persistent link: https://www.econbiz.de/10013252682
Unemployment is at a low and stable level in Denmark. This achievement is often attributed to the so-called flexicurity model combining flexible hiring and firing rules for employers with income security for employees. Whatever virtues this model may have, a low and stable unemployment rate is...
Persistent link: https://www.econbiz.de/10013316818
U3, the official unemployment rate, is an inadequate gauge of labor-market slack and the extent to which it misinforms varies substantially over the business cycle. The U6 unemployment rate is usually about 4 percentage points above U3. However, during the Great Recession it exceeded U3 by 7...
Persistent link: https://www.econbiz.de/10012123041
We study job gross flows in Russia using large enterprise-level data sets from 1997 administrative records of firms in manufacturing and mining, construction and distribution and trade in four representative regions. We show that in 1997 small firms were the most successful at creating jobs...
Persistent link: https://www.econbiz.de/10014124134
Persistent link: https://www.econbiz.de/10014228084
Persistent link: https://www.econbiz.de/10003739610
may be out of its unemployment equilibrium for quite a long time after a shock occurs.The novelty of the model is that it … decreasein job creation in response to the depreci-ation of human capitalfollowing an adverse cyclical shock, does not lead to …
Persistent link: https://www.econbiz.de/10010336861
estimate shock-specific matching functions. Allowing for a break in 1984:Q1 shows considerable subsample differences in … matching elasticities and relative shock-specific efficiency …
Persistent link: https://www.econbiz.de/10012734736