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Monetary Policy Committee (MPC) to both unemployment and underemployment, which in our view are invalid. Without any evidence … the MPC in its assessment of the output gap reduces the level of unemployment because of its claim that long …-term unemployment has no effect on wages. We produce contrary evidence. The MPC further reduces the level of underemployment in the …
Persistent link: https://www.econbiz.de/10010796160
This paper studies the consequences of creative destruction on unemployment in a frictional labor market with on …-the-job search. For a benchmark calibration, a 1% increase in growth raises the unemployment rate by 1.72 percentage points in the … unemployment through more frequent job separations, in the presence of on-the-job search, creative destruction induces a direct …
Persistent link: https://www.econbiz.de/10010698885
unemployment has a weak positive effect on the probability of filling a vacancy, while the number of vacancies in the local labor …
Persistent link: https://www.econbiz.de/10010699694
This paper examines the structure of the labour market and unemployment in Sudan. One advantage of our analysis is that … unemployment based on Sudan Central Bureau of Statistics 2010 the Fifth Sudan Population and Housing Census 2008. We explain …, participation rates, economic activities, low skill level and high unemployment rate defined by gender and mode of living in Sudan …
Persistent link: https://www.econbiz.de/10010856356
We conduct a résumé audit to estimate the impact of unemployment and underemployment on the employment prospects facing … recent college graduates. We find no evidence that employers use current or past unemployment spells, regardless of their …
Persistent link: https://www.econbiz.de/10010862343
This paper examines the structure of the labour market and unemployment in Sudan. One advantage of our analysis in this … unemployment based on Sudan Central Bureau of Statistics (2010) the Fifth Sudan Population and Housing Census (2008). An … unemployment rate defined by gender, mode of living and main geographic areas in Sudan. Different from the findings in the …
Persistent link: https://www.econbiz.de/10010712272
rental vacancy rate, and had no effect on the unemployment rate. …
Persistent link: https://www.econbiz.de/10011184410
increase during 2012, though unemployment was stable. The paper also investigates the microeconomic determinants of …
Persistent link: https://www.econbiz.de/10011135852
This paper analyzes the strikingly different response of unemployment to the Great Recession in France and Spain. Their … labor market institutions are similar and their unemployment rates just before the crisis were both around 8%. Yet, in … France, unemployment rate has increased by 2 percentage points, whereas in Spain it has shot up to 19% by the end of 2009. We …
Persistent link: https://www.econbiz.de/10008784761
This paper analyzes the strikingly different response of unemployment to the Great Recession in France and Spain. Their … labor market institutions are similar and their unemployment rates just before the crisis were both around 8%. Yet, in … France, unemployment rate has increased by 2 percentage points, whereas in Spain it has shot up to 19% by the end of 2009. We …
Persistent link: https://www.econbiz.de/10008799735