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-term unemployment rates, leading to the need to reform labour market institutions and make them more flexible. Flexible labour markets … employment and unemployment) but also to reduce the negative impacts on labour market of structural shocks. If we focus on the …, the countries with the best results in terms of unemployment and employment would have been those that had a more flexible …
Persistent link: https://www.econbiz.de/10011927085
depreciation upon job loss—and its interaction with labor market institutions. We have three main results, based on a life … between turbulence and institutions explains most of the reduction in labor force participation among older workers in Europe … over this period, but ultimately explains little of the rise in unemployment. Third, only a small share of the increase in …
Persistent link: https://www.econbiz.de/10011994453
We discuss the ease with which individuals can move between employment, unemployment and inactivity over time in the EU …. Transitions from unemployment and inactivity back into employment are relatively weak in Central Eastern, Mediterranean and …
Persistent link: https://www.econbiz.de/10010533145
This paper provides a unified account of the trends in unemployment and labor force participation pertaining to the … institutions in ways that deteriorate employment. The model explains simultaneously: (i) the fall in labor force participation in … the United States, (ii) the similar but more pronounced decline in Europe alongside rising unemployment rates and (iii …
Persistent link: https://www.econbiz.de/10011517164
Using an analog of the boundary element method in engineering and science, we analyze and model unemployment rate in … force. Originally, the model linking unemployment to inflation and labor force was developed and successfully tested for …. Nevertheless, the model explains between ~65% and ~95% of the variability in unemployment and inflation. For Italy, the rate of …
Persistent link: https://www.econbiz.de/10012718315
, unemployment and nonparticipation for each country. We develop a decomposition measuring the contribution of these transition … institutions. Our analysis emphasizes age-dependent vs. age-independent labor market policies, and policies related to family … picture of the employment effects of labor market institutions …
Persistent link: https://www.econbiz.de/10012913907
support measures, in the short term, the Romanian labour market is facing the unemployment rate increase, at least in 2020, as …
Persistent link: https://www.econbiz.de/10012491686
The persistence of the employment shock by COVID-19 has various policy implications during the pandemic and beyond it. After evaluating the impact of the health crisis at the individual level, this study decomposes employment losses into persistent and transitory components using the observed...
Persistent link: https://www.econbiz.de/10012591513
suggests that increased inactivity among older workers, the so called She-cession (particularly in the US) and shifting worker …
Persistent link: https://www.econbiz.de/10013295149
The paper starts by presenting some stylised facts on youth unemployment over the last two decades, both at the euro … area and the country level. It shows that despite declining considerably over the last few years, youth unemployment has … relationship between the share of young people in the total population and the youth unemployment rate, i.e. the smaller the share …
Persistent link: https://www.econbiz.de/10011641252