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margin since it is driven by flows from permanent wage employment to unemployment. We also show that older, non-Latvian and …
Persistent link: https://www.econbiz.de/10013001888
This paper examines the magnitude of human capital spillovers on unemployment. Using both individual and metropolitan … level data, we find that the adult population share of college graduates is negatively associated with the unemployment rate … MSAs with higher shares of college graduates have lower average unemployment rates. This education spillover is not …
Persistent link: https://www.econbiz.de/10013006350
Using a search model, I derive formula that links the welfare gains from the minimum wage to its effect on low-skilled labor force participation and employment. This formula shows that the minimum wage is welfare improving if pushing the low-skilled labor market tightness downwards brings it...
Persistent link: https://www.econbiz.de/10012850203
Persistent link: https://www.econbiz.de/10012860484
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/10013051159
, which suggests that, when labor supply is sensitive to wages, there is a trade-off between unemployment on one hand, and … wage inequality and inactivity on the other …
Persistent link: https://www.econbiz.de/10013058527
This paper presents new evidence on the evolution of job polarisation over time and across skill groups in the UK between 1979 and 2012. The UK has experienced job polarisation in each of the last three decades, with growth in top jobs always exceeding that in bottom ones. Overall, top...
Persistent link: https://www.econbiz.de/10013016337
Even before the Great Recession, U.S. employment growth was unimpressive. Between 2000 and 2007, the economy gave back the considerable employment gains achieved during the 1990s, with a historic contraction in manufacturing employment being a prime contributor to the slump. We estimate that...
Persistent link: https://www.econbiz.de/10013021701
unemployment rate) and the labor force participation rate. This paper proposes an adjustment to the calculation of the EPOP using …
Persistent link: https://www.econbiz.de/10013026105
's employment rates, women's unemployment and inactivity rates in 30 OECD countries from 1985 to 2018. The article theorizes about … with low female unemployment rates, whereas ECEC also is associated with lower inactivity rates for women. There was … highest rates of women's employment, and the lowest rates of unemployment and inactivity, are found in countries with large …
Persistent link: https://www.econbiz.de/10012990339