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growth on unemployment compared to the standard matching model with disembodied technological progress. … unemployment rate, using a search and matching model. We incorporate disembodied technological progress and on-the-job search into … faster growth to reduce unemployment by decreasing the separation rate and inducing job creation. We demonstrate that …
Persistent link: https://www.econbiz.de/10010627399
growth on unemployment compared to the standard matching model with disembodied technological progress. -- Growth … unemployment rate, using a search and matching model. We incorporate disembodied technological progress and on-the-job search into … faster growth to reduce unemployment by decreasing the separation rate and inducing job creation. We demonstrate that …
Persistent link: https://www.econbiz.de/10003921741
unemployment rate, using a search and matching model. We incorporate disembodied technological progress and on-the-job search into … growth reduces unemployment by decreasing job separation and inducing job creation. The incorporation of on-the-job search … unemployment than the standard matching model …
Persistent link: https://www.econbiz.de/10014186123
This paper provides evidence for a positive effect of total factor productivity growth on unemployment in cross …-country regressions for OECD countries. The paper explains this empirical result with an exogenous growth model with unemployment due to … implies cross-country differences in unemployment rates due to differences in the steady-state capital-output ratios. In turn …
Persistent link: https://www.econbiz.de/10012728652
growth on unemployment compared to the standard matching model with disembodied technological progress … unemployment rate, using a search and matching model. We incorporate disembodied technological progress and on-the-job search into … faster growth to reduce unemployment by decreasing the separation rate and inducing job creation. We demonstrate that …
Persistent link: https://www.econbiz.de/10014208790
This paper studies the relationship between disembodied technological progress and unemployment in a standard search-matching … uncovers a new effect whereby an increase in growth intensifies the endogenous rate of job separation because it raises the … that disembodied technological progress increases the rate of unemployment. (Copyright: Elsevier) …
Persistent link: https://www.econbiz.de/10005090965
. Data from Japan shows that productivity growth reduces both unemployment and the proportion of nonregular workers to total … employed workers. In order to study the impact of long-run productivity growth on unemployment and non-regular employment, I … faster growth on unemployment is ambiguous. …
Persistent link: https://www.econbiz.de/10010568457
Until recently, the neoclassical growth theory and the neoclassical labour market theory have independently evolved … over time without communicating to each other. The neoclassical growth theory (Solow, 1956), born after the second world … war, assumes full employment. On the other hand, the unemployment theory (Friedman, 1968) turned the attention to the …
Persistent link: https://www.econbiz.de/10005049491
, Germany, and the United Kingdom, we document striking similarities in spatial differences in unemployment, vacancies, job … quantitatively rationalizes why differences in job-separation rates have primary importance in inducing differences in unemployment … across space while changes in the job-finding rate are the main driver in unemployment fluctuations over the business cycle. …
Persistent link: https://www.econbiz.de/10012651396
have high rates of unemployment relative to wage employment, and that self-employment is particularly high where the … unemployment-wage employment ratio is high. I interpret high unemployment-employment ratios as evidence of labor market frictions …, and develop a simple heterogeneous-firm search and matching model with choice between job search and self-employment to …
Persistent link: https://www.econbiz.de/10012868820