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unemployment and informality do not change substantially. The effects are greater when the initial shock increases informality in …
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unemployment that are in line with the data. …
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In many developing economies rate of unemployment is increasing with skill accumulation and thereby leading to … underemployment. Our paper offers to look at skill formation as a demand side problem not as a traditional supply side problem and … also how skill formation or education affects unemployment among the remaining uneducated. We have developed a general …
Persistent link: https://www.econbiz.de/10012612938
We examine the effect of immigration on the host country in the dynamic model that can deal with secular unemployment …. Immigration has contrasting effects, depending on the economic state of the host country. If there is unemployment, immigration … worsens unemployment and decreases consumption by native residents whereas if full employment prevails, immigration has the …
Persistent link: https://www.econbiz.de/10012024753
producing employment growth and in reducing unemployment than most continental-European OECD-countries. It is argued that the …
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This paper adds two-sided ex-ante heterogeneity and a production technology inducing sorting to the canonical Diamond-Mortensen-Pissarides (DMP) search and matching model. Ex-ante heterogeneity and sorting have important implications for the dynamic properties of the model. The modifications...
Persistent link: https://www.econbiz.de/10011280707
The high U.S. unemployment rate after the Great Recession is usually considered to be a result of changes in factors … in the unemployment rate, these factors should have influenced workers' and firms' decisions. Therefore, it is important … factors affect the unemployment rate. To address this issue, we estimate a Mortensen-Pissarides style of labor-market matching …
Persistent link: https://www.econbiz.de/10010240062