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This paper revisits the dynamics of unemployment rate for 29 OECD countries over the period of 1980-2013. Numerous … empirical studies of the dynamics of unemployment rate are carried out within a linear framework. However, unemployment rate can … time series exhibits nonlinear behaviour. Our empirical findings provide significant evidence in favour of unemployment …
Persistent link: https://www.econbiz.de/10011407928
they joined the establishment from unemployment This is supportive of equal treatment. We also show that a four parameter … series properties and co-properties of real wages, output, and unemployment, in particular the asymmetric response of wages …
Persistent link: https://www.econbiz.de/10011855567
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In this paper the effects of institutional variables on unemployment are reinvestigated for nine OECD countries. The … unemployment may differ across countries, not only in absolute terms but also in terms of sign. The main results are the following … have a hump-shaped or U-shaped relation to the unemployment rate. All things considered, the results make strong …
Persistent link: https://www.econbiz.de/10003883944
signifikante Effekte auf die langfristige Entwicklung der Arbeitslosenquote haben. -- Arbeitslosenquote ; Arbeitslosigkeit …Important explanation factors for the development of the rate of unemployment are labour market institutions. This … by three aspects: 1) We do not use the actual rate of unemployment or averages about several years, but her trend …
Persistent link: https://www.econbiz.de/10009514178
-liberal argument that strictness of employment protection hurts labor through increased long-term and youth unemployment rates. While … it finds no empirical basis for this orthodox standpoint it observes that long-term unemployment dampens aggregate … production which in turn aggravates unemployment problem …
Persistent link: https://www.econbiz.de/10013113170
This paper analyses the impact of the global economic crisis on unemployment and long term unemployment in the OECD. It … unemployment increases with the unemployment rate, there is persistence in long term unemployment, and that the employment … significant financial crisis and a collapse of the housing market bubble have had large increases in unemployment and long term …
Persistent link: https://www.econbiz.de/10013118778
This paper studies the effects and causal links between the shadow economy and the unemployment rate using a dynamic … suggests that there is a unidirectional and negative causality running from the unemployment rate to the shadow economy in the … shadow economy and unemployment rate. The sensitivity of the results makes the authors realize that institutional quality …
Persistent link: https://www.econbiz.de/10011998826
between skills and unemployment flows across 37 countries. Depending on the specifically assessed domain, I document that … skills have an unconditional correlation with the log-risk-ratio of exiting to entering unemployment of 0.65-0.68 across the …
Persistent link: https://www.econbiz.de/10012506887