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Results of general equilibrium models are sensitive to model parameterization and specification. The role of macroeconomic closures and the effect of trade elasticities are documented in the literature, but there is no systematic analysis of the implications of different labor supply...
Persistent link: https://www.econbiz.de/10012232857
We develop an adjustment procedure to construct U.S. monthly time series of involuntary part-time employment stocks and flows from 1976 until today. Armed with these new data, we provide a comprehensive account of the dynamics of involuntary part-time work. Transitions from full-time to...
Persistent link: https://www.econbiz.de/10012142390
causes of the unemployment upturn in 1973-1983 and the subsequent decline in 1993-2006. Our results show that (i) the main … determinants of the unemployment rise in the 1970s and early 1980s were wage-push factors, the two oil price shocks and the … increase in interest rates, and (ii) the acceleration in capital accumulation was the crucial driving force of unemployment in …
Persistent link: https://www.econbiz.de/10003799513
The evolution of Spanish unemployment has been quite idiosyncratic. The full-employment levels of the early seventies … were followed by unemployment rates that were the highest within the OECD countries in the aftermath of the oil price … shocks. While unemployment was extremely persistent in most of the eighties and nineties, it experienced its sharpest decline …
Persistent link: https://www.econbiz.de/10003765970
the 2018-2021 period. The analysis focuses on the divergences in out-of-unemployment transitions and medium … detachment, prolonged periods of unemployment or a diminished success rate in reemployment. However, certain socio …
Persistent link: https://www.econbiz.de/10014534535
This article examines the effect of earnings from labour marketon conjugal stability. Using data from luxembourg?spanels collected during the period 1980-2000, we try to measure the impact of spouses? earnings and the impact of earnings dynamics on the risk of break down (of married and...
Persistent link: https://www.econbiz.de/10011025452
unemployment rates by education groups reflect more underlying differences in incidence rather than in duration of unemployment … models of human capital investments, unemployment and education are not trivially related ; (ii) firing costs may lead to a …
Persistent link: https://www.econbiz.de/10008578855
, labour and financial markets) and employment performance. Our analysis includes unemployment, inactivity and jobless rates … institutional rigidities affecting unemployment impact inactivity along the same line. Among other results, we find strong evidence …
Persistent link: https://www.econbiz.de/10008579020
A Special Economic Zone (SEZ) is a type of managed industrial cluster which focuses on exports and encourages the inflow of foreign direct investment (FDI) and technology. These "special" zones are given a range of fiscal and non-fiscal incentives, which are not available to firms located in the...
Persistent link: https://www.econbiz.de/10011419824
This paper computes sectoral contributions to real labour productivity growth in Malta during the two decades since 2000. The aim is to give an account of the sectoral developments affecting Malta's productivity growth in the twenty years since 2000, in the context of significant structural...
Persistent link: https://www.econbiz.de/10012601037