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Unemployment increased drastically over the course of the Great Recession from 4.5 percent prior to the recession to 10 … percent at its peak in October 2009. Since then, the unemployment rate has come down steadily, and it stood at 5.8 percent in … November 2014. Based on existing analyses and some new evidence, this paper establishes that much of the change in unemployment …
Persistent link: https://www.econbiz.de/10011288771
Unemployment increased drastically over the course of the Great Recession from 4.5 percent prior to the recession to 10 … percent at its peak in October 2009. Since then, the unemployment rate has come down steadily, and it stood at 5.8 percent in … November 2014. Based on existing analyses and some new evidence, this paper establishes that much of the change in unemployment …
Persistent link: https://www.econbiz.de/10012999706
same which knows more the precarious employment, the underemployment and the recurrent unemployment. Moreover, one observes …
Persistent link: https://www.econbiz.de/10008765862
In this paper, we consider the impact of displacement (defined as separation from a stable job due to firm closure) on …
Persistent link: https://www.econbiz.de/10005663640
The paper presents a stochastic insider-outsider model that accounts for the following stylized facts: (1) unemployment … rates display a high degree of serial correlation, or `persistence'; (2) the average rate of unemployment has been higher in … long-run unemployment rate is independent of the level of productivity and the magnitude of the labour force. The model …
Persistent link: https://www.econbiz.de/10005789127
Unemployment insurance schemes face a well-known trade-off between providing income support to those out of work and …
Persistent link: https://www.econbiz.de/10011416465
Following the most recent recession, an attempt has been made to explain current levels of unemployment as resulting … from structural unemployment, or a mismatch between the skills of the unemployed and the types of jobs available. The … other will lead to very different policy solutions, it is important to accurately assess the cause of unemployment. This …
Persistent link: https://www.econbiz.de/10010579001
a large increase in post-displacement employment in the temporary work sector after the reforms. Sorting into worse … wage loss. Collectively, the sorting and matching channels explain almost all of the Hartz reforms' effect on post-displacement …
Persistent link: https://www.econbiz.de/10012832592
This paper measures the job-search responses to the COVID-19 pandemic using realtime data on vacancy postings and ad views on Sweden's largest online job board. First, the labour demand shock in Sweden is as large as in the US, and affects industries and occupations heterogeneously. Second, the...
Persistent link: https://www.econbiz.de/10012213681
This paper disentangles the complicated relation between wage, unemployment and vacancy. It proves that job creation is …
Persistent link: https://www.econbiz.de/10012981594