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overly long unemployment durations. We examine the infuence of previous wages on unemployment durations for workers after …
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severe and prolonged macroeconomic shock affects wage rigidity and unemployment. Our second survey was conducted in 1998 …, when the unemployment rate was much higher, and the inflation rate much lower, than when we conducted the first survey in … 1991. We find no evidence that the increase in unemployment has softened the mechanisms generating wage rigidity. On the …
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unemployment remains unclear. Existing econometric estimates exhibit substantial variation, and it is therefore difficult to draw … observations on the effect of EPL on unemployment from 75 studies. Once we control for publication selection bias, we cannot reject … the hypothesis that the average effect of EPL on unemployment is zero. The meta-regression analysis, which investigates …
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This paper examines two key aspects of unemployment-its propagation mechanism and socioeconomic costs. It identifies a … mechanism and the existing pecuniary and nonpecuniary costs of unemployment suggests a fundamental shift in the policy responses … effects of unemployment. The paper discusses several preventative features of the program. …
Persistent link: https://www.econbiz.de/10011784685
severe and prolonged macroeconomic shock affects wage rigidity and unemployment. Our second survey was conducted in 1998 …, when the unemployment rate was much higher, and the inflation rate much lower, than when we conducted the first survey in … 1991. We find no evidence that the increase in unemployment has softened the mechanisms generating wage rigidity. On the …
Persistent link: https://www.econbiz.de/10010321058