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The increase in unemployment in the United Kingdom that accompanied the Great Recession has been conspicuous by its … rise in British unemployment. Unemployment duration has not increased to the levels seen in previous recessions, in … are not mirrored in the UK. In contrast, while long-term unemployment currently remains well below historical levels …
Persistent link: https://www.econbiz.de/10008855481
unemployment in the Great Depression and more generally in the 1920s and 1930s. The distinction between employment and unemployment … unemployment increases during the Great Depression. We find little general econometric evidence for the idea that movements in … product wages had strong influences on employment either during the period of rising unemployment associated with the …
Persistent link: https://www.econbiz.de/10008855484
This paper considers some of the implications of the increase in UK unemployment since the beginning of the Great … Recession. The major finding is that the sharp increase in unemployment and decrease in employment is largely concentrated on …
Persistent link: https://www.econbiz.de/10008855494
. Unemployment had reached its lowest levels for 30 years going in to the latest recession and has also remained relatively subdued … through the downturn, certainly compared to previous recessions. A combination of lower inflow rates into unemployment, allied …
Persistent link: https://www.econbiz.de/10008855496
This study assesses the decline in second birth rates for men and women across different skill levels in transitional Russia. Changes within educational groups and occupational classes are observed over three distinct time periods: the Soviet era, economic crisis, and economic recovery. The most...
Persistent link: https://www.econbiz.de/10008855637
This paper examines the impact of unemployment on migration. In a theoretical model, we show that unemployment, per se …, does not affect migration. Rather, migration only occurs when unemployment shocks force residents to update their … expectations of the area's unemployment rate. Once these expectations change, migration reallocates labor to bring the economy back …
Persistent link: https://www.econbiz.de/10010891020
subsidy. Quantitatively, however, the vacancy cost subsidy is more effective in lowering unemployment than the hiring subsidy …
Persistent link: https://www.econbiz.de/10010891640
Focusing on both hiring and firing margins, this paper revisits effects of fiscal expansion on unemployment. We provide … unemployment in the U.S. by using a structural VAR model. We then develop a DSGE model with search frictions where job separation … unemployment rates to a government spending shock. We also demonstrate that model's predictions are in contrast with earlier …
Persistent link: https://www.econbiz.de/10010891641
Causes of economic, legal and political problems and high rates of unemployment in the RH (Republic of Croatia) are a …, the RH will continue to stagnate and fall behind, and the unemployment rate shall reach a new maximum limit. Newest study …
Persistent link: https://www.econbiz.de/10010892033
estimate country-specific VARs relating GDP, unemployment, savings, and social spending. We find that social spending has a … negative effects on output are significant and in some cases large. Unemployment is the dominant channel through which social …
Persistent link: https://www.econbiz.de/10010892269