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This Paper describes the changes in the composition of the labour force in the last 35 years and quantifies the substitution of low education / high experience workers by low experience / high education workers by using US and French microdata. The consequences of this substitution on the wage...
Persistent link: https://www.econbiz.de/10005656354
The unemployment rate in France is roughly 6 percentage points higher for African immigrants than for natives. In the … US the unemployment rate is approximately 9 percentage points higher for blacks than for whites. Commute time data … we investigate the impact of spatial mismatch on the unemployment rate of ethnic groups using the matching model proposed …
Persistent link: https://www.econbiz.de/10011084452
Assuming that job search efficiency decreases with distance to jobs, workers’ location in a city depends on spatial elements such as commuting costs and land prices and on labour elements such as wages and the matching technology. In the absence of moving costs, we show that there exists a...
Persistent link: https://www.econbiz.de/10005114164
solved for simultaneously. We then decompose unemployment in two parts: the level reached if all agents were residing in the …
Persistent link: https://www.econbiz.de/10005656179
institutions (wage rigidity and employment protection) increased, but to a much lesser extent, the unemployment gap. … others suffer long periods of costly adjustment, typically high and persistent unemployment and temporary output losses. We … unemployment duration spells, relatively large wage penalties when changing jobs and higher likelihood of leaving activity for …
Persistent link: https://www.econbiz.de/10005791264
Labour market frictions are not the only possible source of high unemployment. Credit market imperfections, driven by … determination of equilibrium unemployment in the presence of credit market frictions both with exogenous and endogenous wages. We …
Persistent link: https://www.econbiz.de/10005792453
, unemployment and capital accumulation. First, we recover the partial equilibrium over-employment phenomenon put to the fore by …
Persistent link: https://www.econbiz.de/10005123941
little employment protection and low unemployment benefits, while the European model (generous benefits and higher duration …
Persistent link: https://www.econbiz.de/10005124257