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subsample 1975{1997. It extends the analytical framework of Card and Lemieux (2001) which simultaneously includes skill and age … groups and between those of different age, taking account of the endogeneity of wages and employment. Compared to estimates …
Persistent link: https://www.econbiz.de/10005763619
subsample 1975{1997. It extends the analytical framework of Card and Lemieux (2001) which simultaneously includes skill and age … groups and between those of different age, taking account of the endogeneity of wages and employment. Compared to estimates …
Persistent link: https://www.econbiz.de/10005098021
We present an empirical analysis on the New Keynesian Wage Phillips Curve (NKWPC), which is derived by Gali (2011) as a micro-founded structural relationship between wage inflation and the unemployment rate under a sticky wage framework using data for Japan and the US. We find that the empirical...
Persistent link: https://www.econbiz.de/10010907506
The aim of this paper is to discuss the role of unemployment insurance during recession. Firstly, it presents a brief literature review, according to which unemployment insurance works as a built-in stabilizer for the economy. Secondly, it highlights certain characteristics of these programs in...
Persistent link: https://www.econbiz.de/10008692104
We present an empirical analysis on the New Keynesian Wage Phillips Curve (NKWPC) as derived by Gali (2011) using data for Japan and the US. NKWPC provides some theoretical insights on the relationship between wage inflation and the unemployment rate. We find that the empirical performance of...
Persistent link: https://www.econbiz.de/10011085405
period, first the post-World War baby boom and then the substantial increase in education led to higher economic growth than … otherwise expected. As the pace of increase in education slowed and the workforce aged toward the end of the period, human …
Persistent link: https://www.econbiz.de/10012213777
With only 32% of active age women in the labor market, Guatemala is an upper middle-income country with one of the …
Persistent link: https://www.econbiz.de/10012805844
This paper assesses gender differences in the effects of adverse conditions at labor-market entry in a developing … labor market conditions are correlated to more egalitarian perceptions about gender roles later in life. …
Persistent link: https://www.econbiz.de/10013179196
share, but overall, the gender childcare gap (the difference between the share of childcare done by women and the share done …
Persistent link: https://www.econbiz.de/10012228201
This paper presents the results from a 2.3 million person field experiment that varies whether or not a job seeker sees the number of applicants for a job posting on a large job posting website, LinkedIn. This intervention increases the likelihood that a person will finish an application by...
Persistent link: https://www.econbiz.de/10011581666