Two extraordinary U.S. labor market developments facilitated the sharp disinflation in 2022-23 without raising the unemployment rate. First, pandemic-driven infection worries and social distancing intentions caused a sizable drag on labor force participation that began to reverse in the first...

We evaluate the impact of hiring subsidies for unemployed jobseekers in Wallonia, the Frenchspeaking region in the south of Belgium. The special feature of these subsidies is that they are more readily available for low-educated youths, who are eligible from registration as a jobseeker or a few...

Die Diagnose einer im Wandel befindlichen Arbeitsgesellschaft ist im Prinzip so alt wie die Sozialwissenschaft. Schon Adam Smith, Herbert Spencer, Émile Durkheim oder Karl Marx analysierten Prozesse gesellschaftlicher Modernisierung als Auseinandersetzungen um die Arrangements von...

We study how new digital technology reshapes vocational training and skill acquisition and its impact on workers’ careers. We construct a novel database of legally binding training curricula and changes therein, spanning the near universe of vocational training in Germany over five decades,...

This paper empirically examines the impact of labour market counter-reforms on real GDP per capita and employment growth in 25 OECD countries between 1973 and 2012. We use a novel, narrative-based dataset of reform indicators and apply the local projections approach. We consider not only...

Le rapport est structuré en quatre chapitres. Le chapitre 1décrit les tendances en matière de croissance, de productivité,de démographie, d’emploi et de niveau de vie afin d’éclairerl'analyse de l’offre et de la demande de main-d’œuvre effectuéedans les chapitres suivants. Le...

This paper examines the impact of Covid-19 on a host of labor market outcomes in India, using a continuous household survey. Cross-sectional trends of headline indicators like unemployment and labor force participation indicate a quick recovery after the unprecedented shock of the pandemic....