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Full employment in the European Union member states is a challenge but feasible, also in downswings of the business cycle and during stages of increased robotization. It requires a labor legislation that ensures flexibility and retraining, responsive labor sharing during the business cycle and...
Persistent link: https://www.econbiz.de/10012131243
margin since it is driven by flows from permanent wage employment to unemployment. We also show that older, non-Latvian and …
Persistent link: https://www.econbiz.de/10011705667
unemployment. Underemployment constitutes another important adjustment channel, while the evidence for informal employment is more …
Persistent link: https://www.econbiz.de/10011674485
margin since it is driven by flows from permanent wage employment to unemployment. We also show that older, non-Latvian and …
Persistent link: https://www.econbiz.de/10011427677
Central banks need to be concerned about wages since they are a major driver of inflation. Rising wages are needed to signal directions for market adjustments to ensure growth. Wage growth is driven by relative scarcity, labor productivity and expectations about inflation and future growth....
Persistent link: https://www.econbiz.de/10012131008
active labor market policy, are only partly reported as unemployment. A review of the evidence on the effectiveness of labor … have alleviated social burdens from unemployment. Discussing what causes the high unemployment in the east, we claim that … effects of wage policy have been overrated. Differences in unemployment rates are also the result of more ample labor supply …
Persistent link: https://www.econbiz.de/10011336858
unemployment by means of internet activity data, a literature starting with the seminal article of Askitas and Zimmermann (2009a …
Persistent link: https://www.econbiz.de/10012114391
Before the Great Recession, rising income inequality within the European Union member states has been considered to be one driver for an increasing Euroskepticism. Using rich data on attitudes towards European integration from the Eurobarometer (EB) surveys, we revisit the issue by analyzing the...
Persistent link: https://www.econbiz.de/10010252653
This paper summarizes the evolution of labor markets and labor market institutions and policies in the countries of Central and Eastern Europe as well as of Central Asia over the last two decades. The main focus is on the evolution of labor market institutions, which are among candidate...
Persistent link: https://www.econbiz.de/10011737069
are important advantages of focusing on a broader set of labor market outcomes, and not only on the unemployment rate …
Persistent link: https://www.econbiz.de/10011737963