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concerned that unemployment relief and social services were inadequate to meet the needs of the community in 'Special Areas'. It …
Persistent link: https://www.econbiz.de/10005792098
This paper studies the role of unemployment in sterling’s inter-war experience. According to most narrative accounts …, the proximate cause of the 1931 sterling crisis was a high and rising unemployment rate that placed pressure on British … currency crises, highlights the conflict between the objective of low unemployment and defence of the currency and show that it …
Persistent link: https://www.econbiz.de/10005792142
The paper suggests alternatives to the Harris-Todaro theory to explain unemployment in segmented labour markets. We … formation. Unemployment and labour-market segmentation are explained with reference to heterogeneous preferences, productivities … and endowments among workers. The responsiveness of unemployment to external shocks is shown to depend crucially on …
Persistent link: https://www.econbiz.de/10005792189
In this paper we look at the effects of immigration and trade with Eastern Europe on unemployment in Austria. Using … possible detrimental impacts in unemployment entry effects and unemployment duration effects. We find that unemployment entry … immigration effect on unemployment duration. Within almost all subgroups there is a significant increase in the length of …
Persistent link: https://www.econbiz.de/10005792204
of different job search methods, conditional unemployment benefit hikes can improve welfare when individuals are risk …
Persistent link: https://www.econbiz.de/10005792237
The paper develops two economic grounds for gradualism in the context of the Russian move towards a market economy: one for the support of output through subsidies, another for similar support through credit. The first argument relates to the usual case for softening the blow to a sector hit by...
Persistent link: https://www.econbiz.de/10005792239
The unemployment dynamics in the Mezzogiorno of Italy seem to corroborate the New Economic Geography predictions …, whereby, under some specific hypotheses, a stronger economic integration can amplify the regional polarisation of unemployment … carries out a comparative analysis of unemployment rates of the different ‘Mezzogiornos of Europe’. Finally, some policy …
Persistent link: https://www.econbiz.de/10005792261
A labour-matching economy with ex post heterogeneous firms is presented. When bargaining over the wage, firms and workers do not know the level of product demand. Once demand is realized, hours of work are chosen. We show that the existence of a legal workweek may enhance efficiency with respect...
Persistent link: https://www.econbiz.de/10005792262
and talents in the transformation process. To a large extent, the emergence of unemployment is an indicator of this … restructuring and reallocation. This paper surveys some of the issues involved in the rise of CEE unemployment as well as the policy …
Persistent link: https://www.econbiz.de/10005792263
The paper surveys recent analyses of rising unemployment in Europe based on the concept of the natural rate. It argues … efficiency wages, hysteresis, and insiders/outsiders are related to a core theory in which the unemployment benefit is the basic …, and that in its absence they would fail to explain unemployment. …
Persistent link: https://www.econbiz.de/10005792267