Showing 1 - 10 of 12
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
The paper presents a stochastic insider-outsider model that accounts for the following stylized facts: (1) unemployment … rates display a high degree of serial correlation, or `persistence'; (2) the average rate of unemployment has been higher in … long-run unemployment rate is independent of the level of productivity and the magnitude of the labour force. The model …
Persistent link: https://www.econbiz.de/10005789127
We present a theory of involuntary unemployment which explains why the unemployed workers ("outsiders") are unable or …-setting and, as a result, involuntary unemployment may arise. …
Persistent link: https://www.econbiz.de/10005791249
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
The paper suggests alternatives to the Harris-Todaro theory to explain unemployment in segmented labour markets. We … formation. Unemployment and labour-market segmentation are explained with reference to heterogeneous preferences, productivities … and endowments among workers. The responsiveness of unemployment to external shocks is shown to depend crucially on …
Persistent link: https://www.econbiz.de/10005792189
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
resilience is depicted in two conceptually independent ways: (i) the tendency of exogenous variations in unemployment to become … perpetuated and (ii) the possibility that such swings may give rise to a wage-unemployment ratchet. In this manner, the analysis … attempts to provide an explanation of why unemployment rates in Europe and the United States have displayed an upward trend …
Persistent link: https://www.econbiz.de/10005281348
This paper compares two theories of involuntary unemployment: the efficiency-wage theory and the insider … unemployment is to explain why there is no underbidding, and we compare the two theories in this contex. …
Persistent link: https://www.econbiz.de/10005661489