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Some evidence on the relevance of the chain-reaction theory in selected countries

Hofer, Helmut; Kunst, Robert M.; Schwarzbauer, Wolfgang; … - 2007

In this paper we challenge the traditional labour market view, which argues that unemployment is determined in the long-term by its equilibrium rate, which in turn is affected by permanent shocks of some exogenous variables. In our empirical approach we decompose the dynamics of employment and...

Persistent link: https://www.econbiz.de/10010293970

Characteristics of unemployment dynamics: The chain reaction approach

Karanassou, Marika; Snower, Dennis J. - 2007

The aim of this paper is to analyze and estimate salient characteristics of unemployment dynamics. Movements in unemployment are viewed as "chain reactions" of responses to labour market shocks, working their way through systems of interacting lagged adjustment processes. In the context of...

Persistent link: https://www.econbiz.de/10010293972

Job search methods, intensity and success in Britain in the 1990s

Böheim, René; Taylor, Mark P - 2002

We investigate the use of various job search strategies and their impact on the probability of subsequent employment and the re-employment wage among working age men in Britain. We find that replying to advertisements and using Job Centres are the two most common methods of job search and that...

Persistent link: https://www.econbiz.de/10010294537

Upswing in Europe gains momentum, but unemployment remains high

Gern, Klaus-Jürgen; Scheide, Joachim; Schlie, Markus - 1997

The expansion of Western European production accelerated in the first half of 1997. Exports were the main engine, driven by a devaluation of European currencies and strong growth abroad. Domestic demand also picked up somewhat led by investment in machinery and equipment. Inflation remained at...

Persistent link: https://www.econbiz.de/10010295104

A Test of the 'Krugman Hypothesis' for the United States, Britain, and Western Germany

Puhani, Patrick A. - 2003

Rising wage inequality in the U.S. and Britain (especially in the 1980s) and rising continental European unemployment (with rather stable wage inequality) have led to a popular view in the economics profession that these two phenomena are related to negative relative demand shocks against the...

Persistent link: https://www.econbiz.de/10010297281

Inflation/unemployment regimes and the instability of the Phillips curve

Ormerod, Paul; Rosewell, Bridget; Phelps, Peter - 2009

Using the statistical technique of fuzzy clustering, regimes of inflation and unemployment are explored for the United States, the United Kingdom and Germany between 1871 and 2009. We identify for each country three distinct regimes in inflation/unemployment space. There is considerable...

Persistent link: https://www.econbiz.de/10010299186

The importance of cognitive and social skills for the duration of unemployment

Niepel, Verena - 2010

This paper studies how cognitive and social skills in childhood are related to the duration of unemployment in adolescence and early adulthood. I estimate a flexible proportional hazard rate model for the probability of making a transition from unemployment to employment during an individual's...

Persistent link: https://www.econbiz.de/10010303902

Making ends meet: corporate responses to youth unemployment in Great Britain and the Federal Republic of Germany

Berthoin Antal, Ariane - 1990

Persistent link: https://www.econbiz.de/10011385447

Unemployment and occupational mobility at the beginning of employment career in Germany and the UK

Schmelzer, Paul - 2011

Gerade am Anfang der Erwerbskarriere ist Arbeitslosigkeit keine Seltenheit. In diesem Artikel argumentieren wir, dass … in Abhängigkeit von institutionellen Rahmenbedingungen Arbeitslosigkeit verschiedene Konsequenzen für die zukünftige … Position nach der Arbeitslosigkeit verbessern. Bei Auswertung der Daten werden GSEP und BHPS Datensätze benutzt und simultan …

Persistent link: https://www.econbiz.de/10010323812

What goes up sometimes stays up: Shocks and Institutions as Determinants of Unemployment Persistence

Amisano, Gianni; Serati, Massimiliano - 2002

We analyse the determinants of unemployment persistence in four OECDcountries byestimating a structural Bayesian VAR with an informative priorbased on an insiders/outsiders model. We explicitly insert unemployment ben-efits and labour taxes so that our identification is not affected by the Faust...

Persistent link: https://www.econbiz.de/10010324805