Showing 1 - 10 of 165
associated with a weaker persistence of unemployment over time, which implies a lower volatility of unemployment in the long run … unemployment to business cycles (such as with the easing of employment protection), the weaker persistence effect dominates the …In this paper we examine whether past labour market reforms aiming at reducing the rate of unemployment have raised its …
Persistent link: https://www.econbiz.de/10011277012
to facilitate hiring dynamics and to minimise long-term unemployment and scarring risks among vulnerable groups who have …
Persistent link: https://www.econbiz.de/10012801196
unemployment through hysteresis effects that occur through the rise in long-term unemployment. The estimated increase in structural …The global recession is likely to results in higher structural unemployment for some time in many OECD countries. This … paper assesses how the shock to aggregate unemployment as a result of the economic crisis may be transmitted to structural …
Persistent link: https://www.econbiz.de/10008542505
This paper uses an impulse-response function approach to assess the magnitude and persistence of the effects of …
Persistent link: https://www.econbiz.de/10009146866
model that features endogenous producer entry, equilibrium unemployment and costly job creation and destruction. Unlike in …, but some of them -- such as job protection reforms -- are found to increase unemployment temporarily. Implementing a broad …
Persistent link: https://www.econbiz.de/10011007421
. Moreover, many of the characteristics of social safety nets that reduce output and employment levels heighten the persistence …
Persistent link: https://www.econbiz.de/10005046192
The longer run consequences of the pandemic will partly hinge on its impact on high productivity firms, and the ongoing process of labour reallocation from low to high productivity firms. While Schumpeter (1939) proposed that recessions can accelerate this process, the nature of the COVID-19...
Persistent link: https://www.econbiz.de/10012630503
The consequences of the pandemic for potential output will partly hinge on its impact on high productivity firms, and more generally the ongoing process of productivity-enhancing reallocation – the rate at which scarce resources are reallocated from less productive to more productive firms....
Persistent link: https://www.econbiz.de/10012630512
. Moreover, many of the characteristics of social safety nets that reduce output and employment levels heighten the persistence …
Persistent link: https://www.econbiz.de/10012445006
The labour market recovery from the COVID-19 pandemic has been strong among advanced countries, partly reflecting massive and unprecedented policy support to workers and firms. This paper provides evidence and stylised facts about labour market tightening and labour shortages since the onset of...
Persistent link: https://www.econbiz.de/10013377672