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Can trade help achieve the employment targets of the sustainable development goals?
Vandenberg, Paul - 2017
The paper asks whether trade can help to achieve the employment targets of the Sustainable Development Goals. The focus is on Goal 8, which is to "promote sustained, inclusive and sustainable growth, full and productive employment, and decent work for all." The theoretical and empirical links...
Persistent link: https://www.econbiz.de/10011592582
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Labor markets during the COVID-19 crisis : a preliminary view
Coibion, Olivier; Gorodnichenko, Yuriy; Weber, Michael - 2020
implied by new unemployment claims: we estimate 20 million lost jobs by April 8th, far more than jobs lost over the entire … rise in the unemployment rate over the corresponding period to be surprisingly small, only about 2 percentage points. Third …
Persistent link: https://www.econbiz.de/10012201645
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Labor markets during the covid-19 crisis : a preliminary view
Coibion, Olivier; Gorodnichenko, Yuriy; Weber, Michael - 2020
implied by new unemployment claims: we estimate 20 million lost jobs by April 8th, far more than jobs lost over the entire … rise in the unemployment rate over the corresponding period to be surprisingly small, only about 2 percentage points. Third …
Persistent link: https://www.econbiz.de/10012206097
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Optimal prudential policy in economies with downward wage rigidity
Wolf, Martin - 2018
Persistent link: https://www.econbiz.de/10011923369
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The minimum wage from a two-sided perspective
Brown, Alessio J. G.; Merkl, Christian; Snower, Dennis J. - 2014
This paper sheds new light on the effects of the minimum wage on employment from a two-sided theoretical perspective, in which firms' job offer and workers' job acceptance decisions are disentangled. Minimum wages reduce job offer incentives and increase job acceptance incentives. We show that...
Persistent link: https://www.econbiz.de/10010238837
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Human capital dynamics and the U.S. labor market
Fang, Lei; Nie, Jun - 2014
The high U.S. unemployment rate after the Great Recession is usually considered to be a result of changes in factors … in the unemployment rate, these factors should have influenced workers' and firms' decisions. Therefore, it is important … factors affect the unemployment rate. To address this issue, we estimate a Mortensen-Pissarides style of labor-market matching …
Persistent link: https://www.econbiz.de/10010240062
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The minimum wage from a two-sided perspective
Brown, Alessio J. G.; Merkl, Christian; Snower, Dennis J. - 2014
This paper sheds new light on the effects of the minimum wage on employment from a two-sided theoretical perspective, in which firms' job offer and workers' job acceptance decisions are disentangled. Minimum wages reduce job offer incentives and increase job acceptance incentives. We show that...
Persistent link: https://www.econbiz.de/10010369825
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The minimum wage from a two-sided perspective
Brown, Alessio J. G.; Merkl, Christian; Snower, Dennis J. - 2014
This paper sheds new light on the effects of the minimum wage on employment from a two-sided theoretical perspective, in which firms' job offer and workers' job acceptance decisions are disentangled. Minimum wages reduce job offer incentives and increase job acceptance incentives. We show that...
Persistent link: https://www.econbiz.de/10010371904
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Unemployment rate benchmarks
Crump, Richard K.; Nekarda, Christopher J.; … - 2020
This paper discusses various concepts of unemployment rate benchmarks that are frequently used by policymakers for … particular, we propose two broad categories of unemployment rate benchmarks: (1) a longer-run unemployment rate expected to … prevail after adjusting to business cycle shocks and (2) a stable-price unemployment rate tied to inflationary pressures. We …
Persistent link: https://www.econbiz.de/10012389411
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Labor market reform options to boost employment in South Africa
Duval, Romain; Ji, Yi; Shibata, Ippei - 2021
Raising South Africa's low employment rate to levels seen in emerging market or advanced economy peers could raise GDP per capita by 50 to 60 percent and reduce income inequality dramatically in the long term. By putting further strain on an already fragile labor market, Covid-19 has raised the...
Persistent link: https://www.econbiz.de/10012612327