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present a comprehensive statistical and econometric analysis of employment, unemployment and participation in Poland in the … with some policy prescriptions. At the moment Poland exhibits the highest unemployment rate in OECD and one of the lowest … increase of unemployment in 1998- 1999 and its later persistence. We find that the supply-side characteristics and sectoral …
Persistent link: https://www.econbiz.de/10005556757
The cyclical behavior of hours worked, wages, and consumption does not conform with the prediction of the representative agent with standard preferences. The residual in the intra-temporal first-order condition for commodity consumption and leisure is often viewed as a failure of labor-market...
Persistent link: https://www.econbiz.de/10005076681
We investigate the mapping from individual to aggregate labor supply using a general equilibrium heterogeneous-agent model with an incomplete market. The nature of heterogeneity among workers is calibrated using wage data from the PSID. The gross worker flows between employment and nonemployment...
Persistent link: https://www.econbiz.de/10005126339
This paper analyzes the effects of anticipated inflation on the resource allocations between production and financial services. We develop a model with heterogeneous workers and two sectors economy. A manufacturing sector producing a final composite good and a financial sector providing monetary...
Persistent link: https://www.econbiz.de/10005126418
Shimer and Hall point out how new measurements of the job finding probability explain unemployment volatility significantly …
Persistent link: https://www.econbiz.de/10005069220
This paper examines the causes of observed increase in the duration of unemployment relative to the unemployment rate … the change in the structure of unemployment duration. In particular, we examine how much of the observed change can be … unemployment insurance and the change in union affiliation. We show that changes in the composition of the labor force and …
Persistent link: https://www.econbiz.de/10005051401
which the labor market is now only slowly recovering. The unemployment rate remains stubbornly high and durations of … unemployment are unprecedentedly long. I use data from the Dis- placed Workers Survey (DWS) from 1984-2010 to investigate the …
Persistent link: https://www.econbiz.de/10011150146
In response to the Great Recession and sustained labor market downturn, the availability of unemployment insurance (UI … unemployment duration, comparing the experience with the prior extension of benets (up to 72 weeks) during the much milder downturn … 2000-2005 and 2007-2012, we estimate the eects of UI extensions on unemployment transitions and duration. We rely on …
Persistent link: https://www.econbiz.de/10011150173
which the labor market is now only slowly recovering. The unemployment rate remains stubbornly high and durations of … unemployment are unprecedentedly long. I use data from the Dis- placed Workers Survey (DWS) from 1984-2010 to investigate the …
Persistent link: https://www.econbiz.de/10005558690
capital, may affect European unemployment in two, mutually enforcing, ways. Firstly the existence of minimum non …. Unemployment and minimum living costs are also increased by an increase in population, by an increase in the relative productivity …
Persistent link: https://www.econbiz.de/10005561085