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Does the Unemployment Invariance Hypothesis Hold for Canada?
Tansel, Aysit; Ozdemir, Zeynel Abidin; Aksoy, Emre - 2016
This article explores the long-run relationship between unemployment rate and labor force participation rate in Canada … leads us to doubt the pertinence of the unemployment invariance hypothesis for Canada. This is consistent with the empirical …
Persistent link: https://www.econbiz.de/10011559606
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The macroeconomics of the labor market: Three fundamental views
Karanassou, Marika; Sala, Héctor; Snower, Dennis J. - 2007
We distinguish and assess three fundamental views of the labor market regarding the movements in unemployment: (i) the … that all the short-run fluctuations automatically turn into long-run changes in the unemployment rate. We assert the …
Persistent link: https://www.econbiz.de/10010276418
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The macroeconomics of the labor market: Three fundamental views
Karanassou, Marika; Sala, Héctor; Snower, Dennis J. - 2006
We distinguish and assess three fundamental views of the labor market regarding the movements in unemployment: (i) the … that all the short-run fluctuations automatically turn into long-run changes in the unemployment rate. We assert the …
Persistent link: https://www.econbiz.de/10010276421
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The macroeconomics of the labor market: three fundamental views
Karanassou, Marika; Sala, Héctor; Snower, Dennis J. - 2007
that all the shortrun fluctuations automatically turn into long-run changes in the unemployment rate. We assert the …
Persistent link: https://www.econbiz.de/10010281021
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Does unemployment invariance hypothesis hold for Canada?
Tansel, Aysit; Ozdemir, Zeynel Abidin; Aksoy, Emre - 2016
This article explores the long-run relationship between unemployment rate and labor force participation rate in Canada … leads us to doubt the pertinence of the unemployment invariance hypothesis for Canada. This is consistent with the empirical …
Persistent link: https://www.econbiz.de/10011696305
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The Macroeconomics of the Labor Market: Three Fundamental Views
Karanassou, Marika; Sala, Hector; Snower, Dennis J. - Institute for the Study of Labor (IZA) - 2006
We distinguish and assess three fundamental views of the labor market regarding the movements in unemployment: (i) the … that all the short-run fluctuations automatically turn into long-run changes in the unemployment rate. We assert the …
Persistent link: https://www.econbiz.de/10005763692
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The macroeconomics of the labor market: Three fundamental views
Karanassou, Marika; Sala, Hèctor; Snower, Dennis J. - Xarxa de Referència en Economia Aplicada (XREAP) - 2006
that all the short-run fluctuations automatically turn into long-run changes in the unemployment rate. We assert the …
Persistent link: https://www.econbiz.de/10005558076
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Does unemployment invariance hypothesis hold for Canada?
Tansel, Aysit; Ozdemir, Zeynel Abidin; Aksoy, Emre - 2016
This article explores the long-run relationship between unemployment rate and labor force participation rate in Canada … leads us to doubt the pertinence of the unemployment invariance hypothesis for Canada. This is consistent with the empirical …
Persistent link: https://www.econbiz.de/10011882662
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The Macroeconomics of the Labor Market: Three Fundamental Views
Karanassou, Marika; Sala, Hector; Snower, Dennis J. - School of Economics and Finance, Queen Mary - 2007
that all the shortrun fluctuations automatically turn into long-run changes in the unemployment rate. We assert the …
Persistent link: https://www.econbiz.de/10005106369
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Worker identity, employment fluctuations and stabilization policy
Snower, Dennis J.; Lechthaler, Wolfgang - 2013
This paper provides a model of "social hysteresis" whereby long, deep recessions demotivate workers and thereby lead them to change their work ethic. In switching from a pro-work to an anti-work identity, their incentives to seek and retain work fall and consequently their employment chances...
Persistent link: https://www.econbiz.de/10009752694