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depicted and its effects on formal and informal labour markets. The most important challenges for employment policy as well as …
Persistent link: https://www.econbiz.de/10010294504
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 … banking concentration is beneficial for employment when the degree of labourmarket regulation, union density and coordination …
Persistent link: https://www.econbiz.de/10009360503
Using recent results in the measurement error literature, we show that the official U.S. unemployment rates … substantially underestimate the true levels of unemployment, due to misclassification errors in labor force status in Current …. During the period of 1996 to 2009, the corrected monthly unemployment rates are 1 to 4.6 percentage points (25% to 45 …
Persistent link: https://www.econbiz.de/10010277528
shipyard workers and miners. They have higher employment, not higher unemployment, and higher earnings than the comparison …
Persistent link: https://www.econbiz.de/10010321623
This paper proposes an empirical method for estimating a long-run trend for the unemployment rate that is grounded in … the modern theory of unemployment. I write down an unobserved components model and identify the cyclical and trend … components of the underlying unemployment flows, which in turn imply a time varying estimate of the unemployment trend, the …
Persistent link: https://www.econbiz.de/10010500228
. Understanding the interaction between income support systems (such as unemployment benefits, social assistance, early retirement and …. The German labor market has been plagued by high and persistent unemployment in the last two decades in combination with a …
Persistent link: https://www.econbiz.de/10010273931
force participation is high and the unemployment rate is low (also for young workers). Among the unemployed there are …
Persistent link: https://www.econbiz.de/10010273960
sidelined the role of capital stock as a determinant of employment (Webster, 2003). As far back as 1991, Pissarides had argued … causes of the unemployment upturn in 1973-1983 and the subsequent decline in 1993-2006. Our results show that (i) the main … determinants of the unemployment rise in the 1970s and early 1980s were wage-push factors, the two oil price shocks and the …
Persistent link: https://www.econbiz.de/10010280778
, presents the perceptions of Latin American citizens and employers concerning the employment problem. It compares them to the …
Persistent link: https://www.econbiz.de/10010326968
This paper examines the movements in EU unemployment from two perspectives: a) the NRU/NAIRU perspective, in which … unemployment movements are attributed largely to changes in the long-run equilibrium unemployment rate and (b) the chain …-reaction perspective, in which unemployment movements are viewed as the outcome of the interplay between labor market shocks and prolonged …
Persistent link: https://www.econbiz.de/10010281027