Showing 1 - 10 of 12
In this paper we analyse the relationship between unemployment and consumption. We study this relationship with panel … empirical results indicate that an increase in the duration of unemployment spells of male household heads is associated with … institutional frameworks. Given that the coverage and generosity of social welfare institutions are both higher in the North, and …
Persistent link: https://www.econbiz.de/10005791504
This paper examines the degree of persistence of regional relative unemployment. A theoretical model is built to … such persistence. The model is used to account for the observed degree of persistence of regional relative unemployment in …
Persistent link: https://www.econbiz.de/10005662181
overly long unemployment durations. We examine the influence of previous wages on unemployment durations for workers after …
Persistent link: https://www.econbiz.de/10008611007
the indirect wage effect resulting from lower unemployment risks and shorter spells in unemployment associated with higher … accounting for the effects of unemployment on individual wages using EU-SILC data. Across countries we find a high variation of … the effect of education on unemployment duration. Overall, the returns to education are estimated to be the highest in the …
Persistent link: https://www.econbiz.de/10009293660
labor market institutions are similar and their unemployment rates just before the crisis were both around 8%. Yet, in …This paper analyzes the strikingly different response of unemployment to the Great Recession in France and Spain. Their … France, unemployment rate has increased by 2 percentage points, whereas in Spain it has shot up to 19% by the end of 2009. We …
Persistent link: https://www.econbiz.de/10008784761
Previous estimates of the effect of unemployment on crime commonly omit determinants of criminal behavior that vary … with the business cycle, creating correlation between unemployment rates and the residuals in aggregate crime regressions … accompanying omitted variables bias to estimates of the effect of unemployment on crime. Using a state-level panel for the period …
Persistent link: https://www.econbiz.de/10005791606
In this paper we look at the effects of immigration and trade with Eastern Europe on unemployment in Austria. Using … possible detrimental impacts in unemployment entry effects and unemployment duration effects. We find that unemployment entry … immigration effect on unemployment duration. Within almost all subgroups there is a significant increase in the length of …
Persistent link: https://www.econbiz.de/10005792204
reduction in fertility is not due to the income loss generated by unemployment but arises because displaced workers undergo a …
Persistent link: https://www.econbiz.de/10005124116
In this paper we study the relationship between labour market institutions and monetary policy. We use a simple … macroeconomic framework to show how optimal monetary policy rules depend on labour institutions (labour adjustment costs, and … Economic and Monetary Union (EMU) depends on institutions and preferences. We then use the calibrated model to analyse how EMU …
Persistent link: https://www.econbiz.de/10005124134
This paper formulates a discrete-time model to study the effects of firing costs on labour demand by a firm facing linear adjustment costs under serially independent productivity shocks. We show that a rise in firing costs reduces the firm's marginal propensities to hire and fire, and may...
Persistent link: https://www.econbiz.de/10005498198