Showing 1 - 10 of 2,153
. Unemployment had reached its lowest levels for thirty years going in to the latest recession and has also remained relatively … subdued through the downturn, certainly compared to previous recessions. A combination of lower inflow rates into unemployment … seen before the recession. -- labour market ; recession ; unemployment ; wages …
Persistent link: https://www.econbiz.de/10003973882
stone to higher wages or traps workers in a low-wage no-wage cycle. In this paper we utilise the longitudinal element of the … below the NMW, above the NMW, unemployment and inactivity, using a multinomial logit approach. It appears that for many … workers payment at or below the NMW is of relatively short duration and a substantial number move into higher paid jobs …
Persistent link: https://www.econbiz.de/10003035516
stone to higher wages or traps workers in a low-wage - no-wage cycle. In this paper we utilise the longitudinal element of … at or below the NMW, above the NMW, unemployment and inactivity, using a multinomial logit approach. It appears that for … many workers payment at or below the NMW is of relatively short duration and a substantial number move into higher paid …
Persistent link: https://www.econbiz.de/10013318365
Following Phillip's original work on the UK, applied researchon unemployment and wages has been dominated by the … statistically reliable models. This paper adopts a different approach. It uses microeconomic data on 175,000 British workers from … rate of unemployment. This 'wage curve' is found to have an elasticity of approximately-0.1. Contrary to the Phillips Curve …
Persistent link: https://www.econbiz.de/10014119071
Persistent link: https://www.econbiz.de/10001584395
covering the development on an aggregate level. Estimations to shed light on the relation between unemployment and labour force … years. However, the impact of this development on unemployment is rather limited. …
Persistent link: https://www.econbiz.de/10011473881
probability of workers to become self-employed. R&D increases the probability of moving from unemployment to paid employment … individual shifts from paid employment to either unemployment or self-employment over the period 2001-13, as linked to changes in …, especially in routinized areas, and reduces the permeability between routinised and nonroutinised workers. Also, a non …
Persistent link: https://www.econbiz.de/10012147399
Unemployment varies substantially over time and across subgroups of the labour market. Worker flows among labour market … states act as key determinants of this. We examine how the structure of unemployment across groups and its cyclical movements … last 35 years, we decompose unemployment variation into parts accounted for by changes in rates of job loss, job finding …
Persistent link: https://www.econbiz.de/10009309634
Unemployment varies substantially over time and across subgroups of the labour market. Worker flows among labour market … states act as key determinants of this. We examine how the structure of unemployment across groups and its cyclical movements … last 35 years, we decompose unemployment variation into parts accounted for by changes in rates of job loss, job finding …
Persistent link: https://www.econbiz.de/10013123583
Although unemployment is often used as a measure of labor market inefficiency, economic theory indicates that market … States and United Kingdom, this article investigates how good the unemployment rate is as a measure of labor market … inefficiency by calculating the dead weight loss associated with unemployment rates over time. Results show that the loss arising …
Persistent link: https://www.econbiz.de/10012716979