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seekers or those who have gone through long-periods of unemployment or inactivity, to gain some work experience and in the …
Persistent link: https://www.econbiz.de/10010374580
The recent financial crisis and subsequent recession have spurred great interest in the sources of unemployment … the model using Canadian data from 1991 to 2010. I find that, in the long run, unemployment fluctuations are mainly driven … per cent of unemployment fluctuations. I also find that inclusion of the recent financial crisis data in the estimation is …
Persistent link: https://www.econbiz.de/10010201384
. Significantly reducing unemployment and poverty can be achieved not solely through job generation but also by managing the quantity …
Persistent link: https://www.econbiz.de/10010371422
A matching model will explain both unemployment and economic growth by considering the underground sector and human … ambiguous relationships between underground employment and unemployment, and (iii) between growth and unemployment. Key … low, underground employment alleviates unemployment, but the economy grows at lower rates. …
Persistent link: https://www.econbiz.de/10011524922
of immigration on labor market transitions out of unemployment. Using the basic monthly Current Population Survey from … out of unemployment. We employ a multinomial model to examine the effects of immigration on the transition out of … unemployment, using state-level immigration statistics. The results suggest that immigration does not affect the probabilities of …
Persistent link: https://www.econbiz.de/10011530521
temporary employment, to unemployment were the main factor behind the rise in unemployment; while reduced unemployment outflows … did not contribute substantially to the increase in unemployment during the early phase of the crisis. …
Persistent link: https://www.econbiz.de/10010399303
During the Great Recession of 2007, unemployment reached nearly 10 percent and the ratio of unemployment to open … extension in the length of time in which a claimant can collect unemployment insurance (UI) to 99 weeks, at an expense to date … search process. Parameter estimates of the structural model using a sample of unemployment spells from the National …
Persistent link: https://www.econbiz.de/10010403637
In this paper, we aim to provide a comprehensive view of the unemployment dynamics generated by different structural … shocks. We show that the relative contribution of the job finding and separation rates to the unemployment dynamics depends … contribution of the two transition rates to the volatility of unemployment, whereas the search shock implies a disproportionate …
Persistent link: https://www.econbiz.de/10010417964
The approach put forward in this article is based on Schumpeter's idea of creative destruction, the competitive process by which entrepreneurs are always looking for new ideas that will render their rivals' ideas obsolete. I present a model in which the rate of economic growth is sensitive to...
Persistent link: https://www.econbiz.de/10010499923
We study the impact of graduating in a recession in Flanders (Belgium), i.e. in a rigid labor market. In the presence of a high minimum wage, a typical recession hardly influences the hourly wage of low educated men, but reduces working time and earnings by about 4.5% up to twelve years after...
Persistent link: https://www.econbiz.de/10010488823