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workers in service occupations are identified to exhibit rising unemployment due to wage rigidities and are therefore not …
Persistent link: https://www.econbiz.de/10011405823
This paper examines the effects of alcohol consumption on employment and wages for males and females in Russia. Both cross sectional and fixed-effects models are estimated utilizing data from the Russia Longitudinal Monitoring Survey. The results from the models that do not control for...
Persistent link: https://www.econbiz.de/10011406614
for elderly workers in Austria. The REBP extended entitlement to regular unemployment benefits from 30 weeks to a maximum …-experimental situation from which a lot can be learned about the impact of unemployment insurance rules on the dynamics of employment …, unemployment, and wages. We find that the REBP led to a tremendous increase in unemployment, which was due to both an increase in …
Persistent link: https://www.econbiz.de/10011406689
education on labour force participation and on unemployment can be attributed to literacy and numeracy (the indirect effect) and … literacy and numeracy on participation or unemployment. The direct and total effects of experience are the same. The findings …
Persistent link: https://www.econbiz.de/10011406733
We incorporate a wage bargaining structure in a dynamic general equilibrium model and show how this feature changes short and long-run properties of equilibria compared with a perfectly competitive setting. We discuss how employment, capital, and income shares respond to wage setting shocks and...
Persistent link: https://www.econbiz.de/10011419073
We consider a dynamic general equilibrium model with collective wage bargaining and investigate how unemployment … unemployment persistence by its adverse impact on growth, and may even destabilize the adjustment path. If this is the case, a … future fiscal consolidation is needed which further raises unemployment. These results are consistent with empirical evidence …
Persistent link: https://www.econbiz.de/10011419352
implicitly contribute to unemployment. The low level of unskilled unemployment as well as of unemployment in general in the U …-off hypothesis by Krugman that the high unemployment in Europe is just the other side of the medal where increasing wage inequality … contradicting or inconclusive empirical evidence. Increasing wage inequality might bring down unemployment in Europe but will …
Persistent link: https://www.econbiz.de/10011432623
Does a country's level of unemployment have an impact on the long-run growth rate? Incorporating unemployment into a … generalised Solow-type growth model yields some answers. In the traditional Solow model, unemployment has no long-run influence on … the growth rate and the level of productivity. The long-run level of productivity is reduced if higher unemployment leads …
Persistent link: https://www.econbiz.de/10011440805
Persistent link: https://www.econbiz.de/10000062585
Persistent link: https://www.econbiz.de/10000062586