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This paper presents an investigation of the empirical significance of the Lucas Critique for the Phillips Curve. The investigation is carried out with annual historical time series for the United Kingdom (1857-1987) and the United States (1892-1987). The results, for two different models of the...
Persistent link: https://www.econbiz.de/10005661752
Development and convergence is explained as the transfer of technology embodied in machinery, to the manufacturing sector of those developing countries that institute the necessary property rights. The process is modelled within a Heckscher-Ohlin-Samuelson framework with capital mobility and...
Persistent link: https://www.econbiz.de/10005661920
This paper examines whether the chances of job placements improve if unemployed persons are counselled by caseworkers who belong to the same social group, defined by gender, age, education, and nationality. Based on an unusually informative dataset, which links Swiss unemployed to their...
Persistent link: https://www.econbiz.de/10005661934
We survey the recent literature on the effects of active labour market policies on individual labour market outcomes like employment and income, for adult female individuals without work in European countries. We consider skill-training programs, monitoring and sanctions, job search assistance,...
Persistent link: https://www.econbiz.de/10005662001
This paper explores the interrelation between the degree of unemployment persistence and the unemployment … unemployment and making unemployment less persistent, the less effective will be the growth-promoting supply-side policies (such as … training schemes) in reducing unemployment. …
Persistent link: https://www.econbiz.de/10005662035
This Paper studies the border between shadow employment and unemployment. It argues that the two macroeconomic … the labour market trade-off implied by ‘shadow reducing policies’, it suggests that economies with low unemployment … perform original empirical work on the border between employment, unemployment and inactivity, and we find that Italian shadow …
Persistent link: https://www.econbiz.de/10005662043
unemployment insurance, when the latter is only imperfectly related to search effort. A balanced social insurance budget renders … persistence of vacancies and unemployment. …
Persistent link: https://www.econbiz.de/10008483890
overly long unemployment durations. We examine the infuence of previous wages on unemployment durations for workers after …
Persistent link: https://www.econbiz.de/10008484493
forecasting unemployment evolution or analysis of the relationship between existing conditions of employment and job satisfaction …
Persistent link: https://www.econbiz.de/10008487214
Adam Smith considered poverty and unemployment as push factors for migration and wages high enough to provide for a …
Persistent link: https://www.econbiz.de/10008487303