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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 …
Persistent link: https://www.econbiz.de/10009360503
This paper provides empirical evidence on life-cycle patterns in the asset allocation of Swedish households. Data on household portfolio allocation are collected from the HINK surveys for the period 1982-1992, and portfolio shares of different asset categories are regressed on age, period, and...
Persistent link: https://www.econbiz.de/10010321812
In recent years, Denmark has been successful in ensuring and maintaining a low unemployment rate. However, almost one …
Persistent link: https://www.econbiz.de/10010273942
We study the effect of job displacement on fertility in a sample of white collar women in Austria. Using instrumental variables methods we show that unemploy- ment incidence as such has no negative effect on fertility decisions, but the very fact of being displaced from a career-oriented job...
Persistent link: https://www.econbiz.de/10010294869
The paper aims at comparing the formal and informal labour markets in the Central and Eastern European new EU Member States and candidate countries of the European Union. First, the current situation of the labour market is described, focusing on the recent developments since the breaking up of...
Persistent link: https://www.econbiz.de/10010294504
previous jobs, and thus much more than they get in unemployment benefits. However, our results also show that some groups, such … demands may contribute to high unemployment. …
Persistent link: https://www.econbiz.de/10010321440
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
contract reduces the risk of future unemployment, and that a longer contract increases the position within the workplace but …The paper studies if temporary jobs in the form of fixed-term replacement contracts reduce the risk of future … unemployment among job-seekers. Using exact matching on labour market history and personal characteristics we find positive effects …
Persistent link: https://www.econbiz.de/10010317939
Economists have long emphasized the importance of expectations in determining macroeconomic outcomes Yet there has been almost no recent effort to model actual empirical expectations data; instead macroeconomists usually simply assume expectations are rational This paper shows that while...
Persistent link: https://www.econbiz.de/10010293441
explaining the deviations of household inflation and unemployment expectations from the rational expectations benchmark …
Persistent link: https://www.econbiz.de/10010293481