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This paper is the first to estimate the effects of minimum wages on the unemployment of refugee immigrants. The … collectively agreed minimum wages raise both the incidence of unemployment and days in unemployment considerably for male refugees …
Persistent link: https://www.econbiz.de/10013049527
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
Unemployment and under-employment represented $25.8 billion in annual wages not earned in Los Angeles County, $28 … where one or more breadwinners are under-employed. Unemployment and under-employment rates in LA peaked at the end of 2010 …
Persistent link: https://www.econbiz.de/10012993406
. Unemployed workers' skill losses generate multiple steady-state unemployment rates. When monetary policy is constrained by the … permanent unemployment trap. Since monetary policy is powerless to escape such traps ex post, it must avoid them ex ante. The …
Persistent link: https://www.econbiz.de/10012931966
facts concerning the variability of unemployment and vacancies in the aggregate, the distribution of net employment growth …
Persistent link: https://www.econbiz.de/10012711564
This report uses estimates from the Congressional Budget Office to project an unemployment scenario for the Pandemic … Recession. We go on to use detailed unemployment and homeless data from the 2008 Great Recession to estimate the linkage between … unemployment and homelessness and forecast the amount and type of pandemic-driven homelessness in Los Angeles, California and the …
Persistent link: https://www.econbiz.de/10013251035
risk of unemployment in the 2020 Covid recession so that they and their employers can be located and provided with timely … unemployment from the Census Bureau, the Federal Reserve Bank of St. Louis and the U.S. Department of Labor …
Persistent link: https://www.econbiz.de/10013251036
How important is imperfect competition in the product market for employment dynamics? To investigate this, we formulate a theoretical model of employment adjustment with imperfect competition in the product market, search frictions, and convex adjustment costs. From this model, we derive a...
Persistent link: https://www.econbiz.de/10010127990
largely unexplored, set of determinants of the effectiveness of Keynesian and supply-side economic policies. -- unemployment … ; employment ; wage setting ; labour force participation ; labour market dynamics ; unemployment persistence ; imperfect … unemployment responsiveness …
Persistent link: https://www.econbiz.de/10009736646
unemployment has a weak positive effect on the probability of filling a vacancy, while the number of vacancies in the local labor … during recessions. -- Vacancies ; Unemployment ; Matching ; Labor demand ; Employment dynamics ; Business cycle …
Persistent link: https://www.econbiz.de/10009656972