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Rising wage inequality in the U.S. and Britain (especially in the 1980s) and rising continental European unemployment … large data sets from the U.S., Britain, and western Germany to test the Krugman hypothesis for the 1990s, when unemployment …
Persistent link: https://www.econbiz.de/10011448440
Rising wage inequality in the U.S. and Britain (especially in the 1980s) and rising continental European unemployment … large data sets from the U.S., Britain, and western Germany to test the Krugman hypothesis for the 1990s, when unemployment …
Persistent link: https://www.econbiz.de/10013319961
This paper studies whether labor market mismatch played an important role for labor market dynamics during the COVID-19 pandemic. We apply the framework of S¸ahin et al. (2014) to the US and the UK to measure misallocation between job seekers and vacancies across sectors until the third quarter...
Persistent link: https://www.econbiz.de/10013295149
Persistent link: https://www.econbiz.de/10013428556
at most 9 workers in the US and the UK and at most 19 workers in Canada. The Index aggregates a sample of anonymous … QuickBooks Online Payroll subscriber data (QBO Payroll sample) from 333,000 businesses in the US, 66,000 in Canada, and 25,000 in …
Persistent link: https://www.econbiz.de/10014322738
probabilities between private and public employment, unemployment and inactivity. We examine the stocks and flows by gender, age and … unemployment rate. Public-sector employment contributes 20 percent to fluctuations in the unemployment rate in the UK, 15 percent …
Persistent link: https://www.econbiz.de/10012101955
in France. The probability of unemployment as a function of the wage decreases more rapidly in the UK and the US than it … does in France. The low-skilled in France face a relatively similar risk of unemployment irrespective of their earning … capacity. In the UK and the US, unemployment is concentrated among the low-skilled at the very bottom of the wage distribution …
Persistent link: https://www.econbiz.de/10003117778
Beveridge (full-employment-consistent) rate of unemployment (BECRU), derived from the unemployment-vacancies relationship. The … BECRU is the level of unemployment that minimises the non-productive use of labour. Based on a novel dataset for the period …. The European unemployment problem emerged in the 1980s and 1990s, as Beveridgean full employment gaps increased. In the …
Persistent link: https://www.econbiz.de/10014507179
Monetary Policy Committee (MPC) to both unemployment and underemployment, which in our view are invalid. Without any evidence … the MPC in its assessment of the output gap reduces the level of unemployment because of its claim that long …-term unemployment has no effect on wages. We produce contrary evidence. The MPC further reduces the level of underemployment in the …
Persistent link: https://www.econbiz.de/10013051159
The unemployment rate is commonly assumed to measure labour availability, but this ignores the fact that potential … unique dataset, new measures of labour availability, and indicators based on the more familiar unemployment rate alternatives …
Persistent link: https://www.econbiz.de/10014076244