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During the 2000–2016 period, Canada’s economy and labor market performed well. An important element in this success was the strong resource boom that lasted from the late 1990s to 2014. Since that time the economy and labor market have been undergoing a painful adjustment, a process that is...
Persistent link: https://www.econbiz.de/10011873688
) aided the adjustment. The Covid-19 downturn resulted in an unprecedented decline in employment, and a steep rise in … unemployment and non-participation. Despite the severity of the Covid-19 shock, by December 2021 most key measures of labor market …
Persistent link: https://www.econbiz.de/10014289493
I discuss some key issues raised by behavioral economics for better understanding the working of the labor market. Amongst the key points in this paper are: (i) a revised modeling of the labor supply curve, with a specific focus on the target income approach (ii) elaborating on the importance of...
Persistent link: https://www.econbiz.de/10013050704
The EU in 2020 is in the midst of a triple crisis of unemployment, public health and environmental collapse. These … policies targeting unemployment have considerable positive impact, beyond direct social aid. We suggest creation of a European … work standard employment of last resort, based on local economic needs (including industrial transition). Pilot projects …
Persistent link: https://www.econbiz.de/10013321922
This article compares inequality in employment across demographic groups in the Great Recession and the COVID-19 …-educated groups. We discuss long-term effects of employment inequality and how these findings are relevant to debates about policy … pandemic. We develop a measure to capture both how much employment declines during a recession and the persistence of …
Persistent link: https://www.econbiz.de/10014363418
We examine employment effects of the COVID-19 crisis in Norway during the initial lockdown, through the subsequent … pandemic, both the level and the socioeconomic composition of employment quickly returned to normal. In contrast, we find … considerable negative long-term employment effects on people who were non-employed when the crisis hit. We argue that these …
Persistent link: https://www.econbiz.de/10014310234
This paper studies the impact of employment subsidies in a simple macroeconomic model with imperfect competition and … unemployment due to wage rigidity. COmputed with a simple formula that is robust to the specification of imperfect competition and … wage rigidity, subsidies can make an economy reach the Walrasian equilibrium. Moreover, theintroduction of employment …
Persistent link: https://www.econbiz.de/10005474732
We provide a concise introduction to a household-panel data infrastructure that provides the international research community with longitudinal data of private households in Germany since 1984: the German Socio-Economic Panel (SOEP). We demonstrate the comparative strength of the SOEP data in...
Persistent link: https://www.econbiz.de/10014429870
social mobility and inequality, among other important dimensions of income distribution that are jointly determined. The …
Persistent link: https://www.econbiz.de/10010742040
The advent of information technology facilitates the geographic separation of production tasks, which is referred to as offshoring in international contexts and inshoring in domestic contexts. Although the literature on offshoring has flourished, the research regarding inshoring is limited. This...
Persistent link: https://www.econbiz.de/10010574529