Showing 1 - 10 of 27
This article compares inequality in employment across demographic groups in the Great Recession and the COVID-19 pandemic. We develop a measure to capture both how much employment declines during a recession and the persistence of employment losses. Results show a significant shift of job loss...
Persistent link: https://www.econbiz.de/10014363418
theoretical results are mixed. There is no unique connection between unemployment and minimum wages, and the effect can be … generally leads to an increase in unemployment as well. In this case, a social planner faces a trade off between redistribution … of rents and unemployment. …
Persistent link: https://www.econbiz.de/10011650711
This paper argues that the natural rate of unemployment hypothesis, in which equilibrium unemployment is determined by … unemployment is haunted by hysteresis. The curious history of the natural rate hypothesis is considered, curious because the … regarding hysteresis effects on output and unemployment is then reviewed. …
Persistent link: https://www.econbiz.de/10014363204
This paper restates the post-Keynesian view of unemployment within a NAIRU framework. In the short run, the private … accumulation. Capital investment rather than labour market institutions is the crucial variable that explains changes in … unemployment performance. We provide econometric evidence that the post-Keynesian view holds up well in the recession following the …
Persistent link: https://www.econbiz.de/10014363208
Analysing the British Labour Force Survey, we highlight that dependent self-employed workers constitute a group distinct from both employees and independent self-employed workers in the labour market group. Dependent self-employed workers show characteristics of a more volatile labour market...
Persistent link: https://www.econbiz.de/10011650693
This paper summarizes the findings of studies which investigate the determinants of wages in Germany, using data of the German Socioeconomic Panel (GSOEP). The empirical analyses apply least squares estimates as well as the estimators developed by Altonji and Shakotko, Rev. Econ. Stud. 54, 437...
Persistent link: https://www.econbiz.de/10011650725
Organizational change is characterized by different measures of business policy, work organization and personnel policy, e.g. delayering, teamwork, job-rotation, further training and education, incentive payment and flexible working time. These measures work both, alone and in combination, on...
Persistent link: https://www.econbiz.de/10011650728
, building on economic theory and German labor market institutions. In particular, it identifies dynamic and immobile segments of …
Persistent link: https://www.econbiz.de/10011650732
Inequality's rise and impacts deservedly receive much attention in scientific and public debates, with most of the attention being paid to the very top of the income or wealth distribution. This contribution complements this with a study of the broader top – the top 10 per cent – where...
Persistent link: https://www.econbiz.de/10014363235
Scarce empirical evidence exists for Germany regarding the cyclical aspects of worker reallocation. Furthermore, it is assumed that the cyclical influence on transition rates is the same for all demographic groups. However, one can expect that each subgroup is differentially influenced by the...
Persistent link: https://www.econbiz.de/10011650718