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This paper evaluates two theories of unemployment: the natural rate theory (whereby unemployment is depicted as fluctuating around a reasonably stable natural rate) and the chain reaction theory (which views movements in unemployment as the outcome of the interplay between labour market shocks...
Persistent link: https://www.econbiz.de/10005504680
In 1986, Congress attempted to reduce the incentives for unauthorized migration by eliminating U.S. employment …
Persistent link: https://www.econbiz.de/10004971349
This paper analyses the decline in unskilled employment in UK manufacturing. …
Persistent link: https://www.econbiz.de/10004971427
dynamics of employment and unemployment in order to identify key issues for the sources of the malfunctioning of these labour … markets. The paper then looks at the wage formation process including institutional settings and income policies, active and … passive labour market policies, and the structure of employment and output. …
Persistent link: https://www.econbiz.de/10005067622
This paper views movements in unemployment as the result of the interaction between: (a) lags in labour market decisions; and (b) labour market shocks with temporary and permanent components. Two features of unemployment dynamics are examined: (i) `unemployment persistence', arising when...
Persistent link: https://www.econbiz.de/10005791454
We study the evolution of sectoral employment and labour cost in 11 European countries over the last two decades. Our … countries and industries in employment growth, whereas country-specific effects are more important in the analysis of labour … employment. We pay special attention to Spain, a country that has experienced a high persistent unemployment rate, and show that …
Persistent link: https://www.econbiz.de/10005124383
The purpose of this paper is to analyse the relative importance of internal and external factors on the demand for skilled immigration visas to Australia.
Persistent link: https://www.econbiz.de/10004968011
. The consequences of this substitution on the wage structure are then investigated. In the US, labour supply changes can …
Persistent link: https://www.econbiz.de/10005656354
Until the early decades of the 20th century, women spent more than 60% of their prime-age years either pregnant or nursing. Since then, the introduction of infant formula reduced women's comparative advantage in infant care, by providing an effective breast milk substitute. In addition, improved...
Persistent link: https://www.econbiz.de/10005666426
end of the wage distribution. We further show that information on the productivity of an employee is to a large extent …
Persistent link: https://www.econbiz.de/10005666574