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longer hours. By contrast, a higher probability of losing jobs, a longer duration of unemployment, and in general a less …
Persistent link: https://www.econbiz.de/10005136435
Differences in regional unemployment in post-communist economies are large and persistent. We show that inherited … variation in human-capital endowment across the regions of four such economies explains the bulk of regional unemployment … pattern, which helps explain the lack of convergence in regional unemployment rates, is consistent with the presence of …
Persistent link: https://www.econbiz.de/10005136518
an individual employer-worker match is allowed, the impact of severance payments on unemployment duration and incidence …
Persistent link: https://www.econbiz.de/10005136767
In this paper we study the political issues associated with reform in the European labour market. We first discuss the role played by labour market rigidities in European society, and argue that reform is a difficult task because many regulations and rigidities benefit the majority of the...
Persistent link: https://www.econbiz.de/10005497719
and by the need to reallocate workers across productive activities. The duration of unemployment and jobs and wage … bargaining and wage posting by firms. We use the framework to study the influence of alternative labor market institutions and … policies on wages and unemployment. …
Persistent link: https://www.econbiz.de/10005497772
This paper starts from the observation that despite their very high levels of unemployment, major European countries … have devoted few resources to reducing it. This suggests that there is little political concern about high unemployment. I …
Persistent link: https://www.econbiz.de/10005498035
This paper considers an equilibrium model of unemployment in a labour market where all vacancies are advertised in a … newspaper. Unemployment occurs in occupations that are short on vacancies. New vacancies are created by entrepreneurial search … unique rational expectations equilibrium is shown to exist. The unemployment-vacancy dynamics are consistent with so …
Persistent link: https://www.econbiz.de/10005504418
Theoretical predictions of the impact of TFP growth on unemployment are ambiguous, and depend on the extent to which … creative destruction effects by estimating the impact of TFP growth on unemployment in a panel of industrial countries. We find …-state dynamics of unemployment. Capitalization effects explain some of the estimated impact but a part remains unexplained. …
Persistent link: https://www.econbiz.de/10005504604
. The Beveridge curve depicts the steady state of the model, whereby inflows into unemployment are equal to the outflows …
Persistent link: https://www.econbiz.de/10005504624
leads to constantly rising unemployment and tax rates. The resulting crisis may trigger new insights into economic …
Persistent link: https://www.econbiz.de/10005504724