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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
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
Conventional wisdom and prevailing economic theory hold that the new owners of a privatized firm will cut jobs and wages. But this ignores the possibility that new owners will expand the firm's scale, with potentially positive effects on employment, wages, and productivity. Evidence generally...
Persistent link: https://www.econbiz.de/10011421952
Human capital is a vital component in the production process, so the size of the labor force can profoundly affect the potential for economic growth. In the United States, the overall labor force participation rate (LFPR)the percent of the population supplying labor to the marketbegan to grow in...
Persistent link: https://www.econbiz.de/10009419465
This paper evaluates the effects for the Spanish case of allowing greater flexibility regarding the weekly hours worked on the working week, employment and productivity. A baseline model economy is calibrated to reproduce the cross-sectional distribution of workweeks across plants, as well as...
Persistent link: https://www.econbiz.de/10010241369
unemployment rates while evaluating the tightness of the labor market. …
Persistent link: https://www.econbiz.de/10010459788
large as the gap in the Employment to Unemployment (E to U) transition rates. Women’s overrepresentation in the face …
Persistent link: https://www.econbiz.de/10012591515
In the last decade the available labor force has expanded in Germany-despite the decline in the working-age population. The reason: labor market participation has increased, for women in particular and older people in general. Also noticeable was a rise in qualification level because...
Persistent link: https://www.econbiz.de/10011717052
The study presents the results of grouping EU NUTS 2 regions based on the share of employment in particular sectors (knowledge‑intensive high‑technology services, knowledge‑intensive market services and other knowledge‑intensive services), as well as GDP per capita, in 2008 and 2018. The...
Persistent link: https://www.econbiz.de/10014234450
The present study is designed to examine the relationship between wage inequalities and economic prosperity in the case of Pakistan. Using provincial-level data for the years 2000 to 2020, the study estimated a multivariate regression model by employing Auto Regressive Distributive Lag (ARDL)...
Persistent link: https://www.econbiz.de/10013460049