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We use detailed Norwegian administrative data to identify the income loss associated with the onset of unemployment and … balance sheet components. Unemployment results in a significant, long-term decline in income. Consumption decreases by about … consumption upon unemployment, while consistently dedicating a substantial part of their disposable income to mortgage commitments …
Persistent link: https://www.econbiz.de/10015195398
. Consequently, entrant workers have lower job-finding rates and longer unemployment durations than the unemployed who have looked … an "internship", where firms can hire entrant workers at an (exogenous) lower wage. …
Persistent link: https://www.econbiz.de/10014474502
interact to determine unemployment by estimating a dynamicpanel model using the system generalized method of moments (GMM). We … well as decreased banking concentration reduce unemployment ifthe level of labour market regulation, union density and … coordination in wage bargainingis low. The above financial variables have no effect otherwise. Increasing intermediatedcredit and …
Persistent link: https://www.econbiz.de/10009360503
such as unemployment. Previous studies indicate that monetary policy affects the output gap only at business cycle … frequencies, but the effects on unemployment may well be more persistent in countries with highly regulated labor markets. We … study the Swedish experience of unemployment and monetary policy. Using a structural VAR we find that around 30 percent of …
Persistent link: https://www.econbiz.de/10010317906
This study investigates the effect of parental unemployment on children’s school performance. We use individual level … in Swedish unemployment during the beginning of the 1990s provides an ideal setting for testing the hypothesis that … parental unemployment affects children’s school performance. Our results indicate that having an unemployed father has a …
Persistent link: https://www.econbiz.de/10010317923
application of mandatory lockdowns contributed to a sharp fall in production and a rise in unemployment, inducing an expansionary …
Persistent link: https://www.econbiz.de/10014551686
This working paper provides a survey of the theoretical underpinnings for the various employment guarantee schemes, and discusses full employment policy experiences in the United States, Sweden, India, Argentina, and France. The theoretical and policy developments are delineated in a historical...
Persistent link: https://www.econbiz.de/10010266460
infrastructure. While unemployment and enforced idleness" persist, existing time-use survey data reveal that people around the …
Persistent link: https://www.econbiz.de/10010266476
Widespread economic recessions and protracted financial crises have been documented as setting back gender equality and other development goals in the past. In the midst of the current global crisisoften referred to as the Great Recession"there is grave concern that progress made in poverty...
Persistent link: https://www.econbiz.de/10010266534
success in reducing unemployment. Despite outperforming its peers in terms of macroeconomic stability, Tunisia's official … unemployment rate still hovers around 15 percent, with two-thirds of first-time job seekers having university degrees. The paper … estimated ELR net wage bill would be around 2.7 percent of GDP; however, spending by ELR workers would offset program costs, and …
Persistent link: https://www.econbiz.de/10010266543