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Are employers willing to employ more older individuals, in particular older women? Higher employment among the older segments of the population will only materialise if firms are willing to employ them. Although several economists have started considering the demand side of the labour market for...
Persistent link: https://www.econbiz.de/10010558705
There is plenty of individual-level evidence, based on the estimation of Mincerian equations, showing that better-educated individuals earn more. This is usually interpreted as a proof that education raises labour productivity. Some macroeconomists, analysing cross-country time series, also...
Persistent link: https://www.econbiz.de/10010690401
capacity shortages cannot be the direct and single cause of unemployment persistence. Inferring from this observation that low … investment rates play no role in explaining the persistence of high unemployment rates may however fail to take into account the … analyse the determinants of equilibrium unemployment (the NAIRU), provided one takes explicitly into account the effect of a …
Persistent link: https://www.econbiz.de/10004984947
This paper reexamines the existence of a long-run relationship between wages and unemployment in the U.K., with data … and the unemployment rate. However, the main impact of deviations from this long-run equilibrium is on the unemployment …
Persistent link: https://www.econbiz.de/10004984987
This paper examines the determinants of equilibrium wage and unemployment rates in Belgium within the framework of a … this stage is then used to estimate a three-equation econometric model explaining the wage share, the unemployment rate and … the capital gap. The slowdown in world trade is depicted as the most important factor explaining the rise in unemployment …
Persistent link: https://www.econbiz.de/10004985209