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General equilibrium analysis of layoff costs have had mixed messages on the implications for employment. This Paper brings out the economic forces at work and explains the disparate results. Specifically, we show that positive employment effects of layoff costs come through reducing labour...
Persistent link: https://www.econbiz.de/10005656347
European regions have experienced a polarisation of their unemployment rates between 1986 and 1996, as regions with …
Persistent link: https://www.econbiz.de/10005656377
imperfect competition. In equilibrium, unemployment emerges as the result of the market power exercised by insiders at the firm … countercyclical unemployment rate, in a way qualitatively consistent with US data. …
Persistent link: https://www.econbiz.de/10005656397
During the 1980s youth unemployment rates have persistently exceeded unemployment rates for adults, in Britain as in … other OECD countries. In the interwar period, youth unemployment rates in Britain were dramatically lower than those for … in the cyclical sensitivity of youth unemployment between the interwar and postwar periods, apparently attributable to …
Persistent link: https://www.econbiz.de/10005656425
.K by looking at the links between fathers' and sons' unemployment histories. Using an approach which takes account of both … incidence and intensity of son's unemployment we provide further evidence showing that parental background is an important …
Persistent link: https://www.econbiz.de/10005656608
In this paper we examine the long-term effects of the Restart unemployment program introduced in the U.K. in 1987. The … find that those who participated in Restart had significantly shorter unemployment durations than those excluded from the …. While there is little evidence of a long-term benefit for women in our sample, the unemployment rate among males in the …
Persistent link: https://www.econbiz.de/10005656696
We test the Barro-Gordon model extended to allow for persistence in unemployment. First, we build an index of central …
Persistent link: https://www.econbiz.de/10005657305
Persistent link: https://www.econbiz.de/10005660498
provide the steady state distributions of current technologies, unemployment, wages and job durations thus allowing the … unemployment of differently qualified workers. …
Persistent link: https://www.econbiz.de/10005660707
Persistent link: https://www.econbiz.de/10005660960