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This paper proposes an equilibrium matching model for developing countries' labor markets where the interaction between public, formal private and informal private sectors are taken into account. Theoretical analysis shows that gains from reforms aiming at liberalizing formal labor markets can...
Persistent link: https://www.econbiz.de/10011732030
This paper proposes an equilibrium matching labor market model for developing countries where the interaction between public, formal and informal sectors is considered. Theoretical analysis shows that labor markets' liberalization reforms can be evicted by shifts in public employment. Since the...
Persistent link: https://www.econbiz.de/10011622730
low-paid workers' submarkets. The model fits the job finding, job separation, and unemployment rates well. It also … of the aggregate shock that allows generating the US labor market fluctuations has a correlation with unemployment that …
Persistent link: https://www.econbiz.de/10012697332
We develop a multi-sectoral matching model to predict the impact of the lockdown on the US unemployment, considering … and business closures that hit the workers with the first level of education explains the abruptness of the unemployment …-crisis unemployment level could be reached in 2024 in a scenario with a double wave. In the same scenario, a calibration on French data …
Persistent link: https://www.econbiz.de/10012243489
choice to disentangle the respective contributions of task-biased technological change (TBTC), labor market institutions (LMI …
Persistent link: https://www.econbiz.de/10011732027
the bottom of the wage distribution. By using this framework, we shed light on the way in which labour market institutions …
Persistent link: https://www.econbiz.de/10011389072
Persistent link: https://www.econbiz.de/10001289738
Persistent link: https://www.econbiz.de/10001323277
Germany, as most other European countries, has been plagued by a persistently high level of long-term unemployment … since the early 1980's. In contrast, long-term unemployment is much less of a problem in the United States. One potential … reason for the different structure of unemployment relates to institutional differences in unemployment compensation systems …
Persistent link: https://www.econbiz.de/10011440778
Persistent link: https://www.econbiz.de/10011523863