Showing 1 - 10 of 112
Rising wage inequality in the U.S. and Britain (especially in the 1980s) and rising continental European unemployment … large data sets from the U.S., Britain, and western Germany to test the Krugman hypothesis for the 1990s, when unemployment …
Persistent link: https://www.econbiz.de/10005797652
Switzerland, traditionally a ‘zero unemployment’ economy, has seen an unprecedented rise in joblessness in the 1990s … although unemployment fell again to a rather low level after 1997. This paper tests whether Switzerland experienced a negative … shock and find that they were rigid, which can explain the relative unemployment increase for this group. Finally, I test …
Persistent link: https://www.econbiz.de/10005797658
This paper presents a generalized model of overlapping generations with economic aging of households. Economic age is defined as a set of personal attributes such as earnings potential and tastes that are characteristic of a person's position in the life-cycle. We separate the concepts of...
Persistent link: https://www.econbiz.de/10005200693
This note tests whether the extraordinary rise in Spanish unemployment in the 1980s can be traced back to rigidities in … ‘Krugman hypothesis’). I can establish that youth joblessness is key to the Spanish unemployment problem, but sampling … procedures in the data set make it impossible to track the youth unemployment problem across time in a satisfactory way. Even …
Persistent link: https://www.econbiz.de/10005797667
unemployment because firms would thus be prevented from employing workers with very low productivities. …
Persistent link: https://www.econbiz.de/10005797671
2.7 percentage points. On the other hand, the policy change had important spillover effects into the unemployment and … sickness insurance program. Specifically, the share of individuals receiving unemployment benefits increased by roughly 3 and …
Persistent link: https://www.econbiz.de/10008542809
institutional and economic factors like pension systems, unemployment, and employment protection legislation. The analysis shows …
Persistent link: https://www.econbiz.de/10005453948
The paper develops an overlapping generations model with probabilistic aging of households. We define age as a set of personal attributes such as earnings potential, health and tastes that are characteristic of a person's position in the life-cycle. In assuming a limited number of different...
Persistent link: https://www.econbiz.de/10005453960
wage, unemployment, and non-employment structures between 1988 and 1998, when both unemployment and non-employment rates … moderation on average. Although there have also been virtually no changes in the unemployment structure, the relative non …
Persistent link: https://www.econbiz.de/10005696717
In this paper, we review the evidence for job polarization in the U.S. and provide a description of the occupational employment changes that characterized the U.S. labor market during the 1970s, 1980s, and 1990s. We begin by replicating the existing job polarization trends, which are produced...
Persistent link: https://www.econbiz.de/10008874623