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Activation policies aimed at getting working-age people off benefits and into work have been embraced by many OECD countries. In a previous paper, I have argued that activation strategies have performed well during the Great Recession and subsequent recovery in some, but not all, of these...
Persistent link: https://www.econbiz.de/10011663469
In December 2015, the Federal Reserve Board (FRB) initiated the process of "normalization," with the objective of gradually raising the federal funds rate back to "normal"-i.e., levels that are "neither expansionary nor contrary" and are consistent with the established 2 percent longer-run goal...
Persistent link: https://www.econbiz.de/10011784666
We exploit tax-induced exogenous variance in the price of union membership to identify the effects of changes in firm union density on firm productivity and wages in the population of Norwegian firms over the period 2001 to 2012. Increases in union density lead to substantial increases in firm...
Persistent link: https://www.econbiz.de/10011786961
By 2030, labour demand could be equal to labour supply in most of the EU, creating significant challenges for policy-makers and firms. The 'tipping point' at which labour demand will become equal to labour supply in the EU – that is, when labour will become a constraint on economic growth –...
Persistent link: https://www.econbiz.de/10012100237
What are the prospects for improving the lot of US workers in the 21st century? This introduction to the topic examines the most important US labor market trends of the late 20th and early 21st centuries, considers their causes and likely future trends; and then explores policies that might...
Persistent link: https://www.econbiz.de/10012179969
The COVID-19 pandemic has resulted in income and employment loss in many countries around the world. Yet, hardly any formal study exists on household finance and future economic expectations in poorer countries. To fill in this gap, we implemented and analyzed a web-based rapid assessment survey...
Persistent link: https://www.econbiz.de/10012221909
In the era of demographic changes and need for rationalization of public expenditure, the European Union social policy promotes the activation approach. In addition, there can be noticed a growing importance of increasing the efficiency of public policies. The authors are presenting the main...
Persistent link: https://www.econbiz.de/10012232590
The COVID-19 pandemic has resulted in income and employment loss in many countries around the world. Yet, hardly any formal study exists on household finance and future economic expectations in poorer countries. To fill in this gap, we implemented and analyzed a web-based rapid assessment survey...
Persistent link: https://www.econbiz.de/10012269993
New challenges arise in data visualization when a sizable database is used in the analysis. With many data points, classical scatterplots are non-informative due to the cluttering of points. On the contrary, simple plots such as the boxplot that are of limited use in small samples, offer great...
Persistent link: https://www.econbiz.de/10012270137
Using novel matched employer-employee register data with firm-level information on the introduction of industrial robots, this paper analysis the impact of robots on the wages of workers in the manufacturing sector. The results show that industrial robots increase wages for high-skilled workers...
Persistent link: https://www.econbiz.de/10012270283