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This paper studies the impact of financialization on unemployment in the U.S. We estimate a dynamic multi …-equation macro labor model including labor demand, labor supply, wage-setting and capital accumulation equations. Financialization … swings experienced by the financialization process. We find that it has had relevant unemployment effects in all periods …
Persistent link: https://www.econbiz.de/10010293162
– globalization, technological advance and financialization (GTF) – that have weakened the connections between economies and societies …
Persistent link: https://www.econbiz.de/10012658088
This paper studies the impact of financialization on unemployment in the U.S. We estimate a dynamic multi …-equation macro labor model including labor demand, labor supply, wage-setting and capital accumulation equations. Financialization … swings experienced by the financialization process. We find that it has had relevant unemployment effects in all periods …
Persistent link: https://www.econbiz.de/10010959689
Recent microeconometric evaluation studies have shown that start-up subsidies for unemployed individuals are an …
Persistent link: https://www.econbiz.de/10010319509
Studies show that high-tenure displaced workers typically incur substantial long-term earnings losses. As these losses have become increasingly apparent, policy makers have significantly expanded resources for retraining, much of which takes place in regular community college classes. To analyze...
Persistent link: https://www.econbiz.de/10010261785
In this paper, we suggest a novel approach to program evaluation that allows identification of the causal effect of a …
Persistent link: https://www.econbiz.de/10010261857
In this paper we evaluate the employment effects of job creation schemes on the participating individuals in Germany. Job creation schemes are a major element of active labour market policy in Germany and are targeted at long-term unemployed and other hard-to-place individuals. Access to very...
Persistent link: https://www.econbiz.de/10010262224
for the first time in the history of German employment promotion that evaluation should be an integral part of the … – evaluation itself has mistakenly been understood by the legislator as a pure accounting exercise. We discuss this problem from … the perspective of the recent evaluation literature in economics and statistics, thus providing a frame of reference for …
Persistent link: https://www.econbiz.de/10010262390
explain the need for evaluation on the micro- and macroeconomic level, introduce the fundamental evaluation problem and … solutions to it, give an overview of the newer developments in evaluation literature and finally take a look on empirical …
Persistent link: https://www.econbiz.de/10010262444
This paper evaluates an Austrian manpower training program, which is highly innovative in its content and financing – and could therefore serve as a role model for other programs. In the late 1980s privatization and down-sizing of nationalized steel firms have lead to large-scale redundancies....
Persistent link: https://www.econbiz.de/10010262482