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Technological change and its impacts on labour markets are a much-discussed topic in economics. Economists generally assume that new technology penetrating the labour market shifts firms' task demand. Given individuals' acquired and supplied skills, these task demand shifts potentially foster...
Persistent link: https://www.econbiz.de/10012019327
The Italian economy performs well below the EU average. The reason is a dramatic and persistent low rate of investment, always invoked but never supported by national and supra-national institutions. However, investment to increase the quantity and quality of human capital is key to boost...
Persistent link: https://www.econbiz.de/10011747896
The present research provides evidence on the determinants driving the differences in the unemployment-output relationship in Spanish regions. We followed a two-step approach. First, we estimated a set of time-varying Okun’s coefficients (rolling-window) for the autonomous communities in Spain...
Persistent link: https://www.econbiz.de/10011770741
In this work we develop a set of labour market and fiscal policy experiments upon the labour and credit augmented "Schumpeter meeting Keynes" agent-based model. The labour market is declined under two institutional variants, the "Fordist" and the "Competitive" set- ups meant to capture the...
Persistent link: https://www.econbiz.de/10011780704
Central banks need to be concerned about wages since they are a major driver of inflation. Rising wages are needed to signal directions for market adjustments to ensure growth. Wage growth is driven by relative scarcity, labor productivity and expectations about inflation and future growth....
Persistent link: https://www.econbiz.de/10011874299
In this work we discuss the research findings from the labour-augmented Schumpeter meeting Keynes (K+S) agent-based model. It comprises comparative dynamics experiments on an artificial economy populated by heterogeneous, interacting agents, as workers, firms, banks and the government. The...
Persistent link: https://www.econbiz.de/10011886212
Despite conventional macroeconomic theory is based on the idea that demand shocks can only have temporary effects on unemployment, several European economies display highly persistent unemployment dynamics. The theory of hysteresis challenges this view and points out that, under certain...
Persistent link: https://www.econbiz.de/10011894454
While female labor force participation (LFP) in Iran is among the lowest in the world, there is hardly any study on the COVID-19 pandemic effects on the country's female LFP. We find that female LFP decreased during the pandemic years by around 1 percentage point in 2021 and 2022. When...
Persistent link: https://www.econbiz.de/10014538871
How does childbirth impact the career paths of men and women within the same household? To what extent does the unpaid care work related to this event contribute to the downward mobility experienced by women in a highly flexible labour market like Italy? Drawing on feminist and labour market...
Persistent link: https://www.econbiz.de/10014637030
Purpose – The purpose of this paper is to identify and discuss the on-the-job resilience strategies of mismatched workers. We empirically focus on Egyptian workers.Design/Methodology/Approach – This study relies on a primary micro-data collection based on design and implementation of a...
Persistent link: https://www.econbiz.de/10012165546