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We develop a model of directed technological change, frictional unemployment and migration to examine the effects of a …, an increase in the skill ratio can reduce the relative unemployment rate of skilled workers and decrease the relative …
Persistent link: https://www.econbiz.de/10011374349
We estimate Okun's law, the negative relationship between output and the unemployment rate, at the sector level for the … coefficients are proportional to the aggregate in all four countries. We also show that the standard deviation of unemployment is …
Persistent link: https://www.econbiz.de/10012841145
We develop a model of directed technology adoption, frictional unemployment, and migration to examine the effects of a … function, an increase in the skill ratio can reduce both the relative unemployment rate and the relative emigration rate (brain …
Persistent link: https://www.econbiz.de/10014104081
unemployment. Micro-founded in a setting where search friction regulates labor market transitions, we derive a migration gravity … equation for bilateral mobility that embodies a co-determined local unemployment term. As a theory of migration, our model ….g. home bias). As a model of unemployment, a migration gravity approach uncovers hitherto under-appreciated interregional …
Persistent link: https://www.econbiz.de/10013471455
Ethnic and international conflicts have turned into a real headache for the modern world. The confrontations that have begun between the nations have escalated into serious conflicts that take the lives of thousands of innocent children, women and old people every year. Such conflicts create...
Persistent link: https://www.econbiz.de/10011801733
of the unemployment rate and of worker transitions …
Persistent link: https://www.econbiz.de/10012922444
We analyse measures of internal flexibility taken to safeguard employment during the Coronavirus Crisis in comparison to the Great Recession. Cyclical working-time reductions are again a major factor in safeguarding employment. Whereas during the Great Recession all working-time instruments...
Persistent link: https://www.econbiz.de/10012512274
declining unemployment rates, but during this time period there also appears to have been upward structural pressure on gig work …
Persistent link: https://www.econbiz.de/10011944758
This paper uses a battery of calibrated and estimated structural models to determine the causal drivers of the negative correlation between output and aggregate uncertainty. We find the transmission of uncertainty shocks to output is weak, while aggregate uncertainty endogenously responds to...
Persistent link: https://www.econbiz.de/10013219154
in unemployment and long term unemployment. The impact of the recession leads to a significant fall in GDP and GDP growth … that would lead to a worsening of conditions of living for a large number of people. This increase in unemployment is …
Persistent link: https://www.econbiz.de/10013150102