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By how much do employed households reduce their consumption when the aggregate unemployment rate rises? In Spain during … the Great Recession a 1 percentage point increase in the unemployment rate was related to a strong drop in household … of their expectations on future income growth rates: the shadow of unemployment. Using consumption panel data that …
Persistent link: https://www.econbiz.de/10012530370
employment, unemployment, and non-participation to the change in unemployment in eleven EU countries during the period 2006 … determinant of flows from employment into unemployment, particularly in those countries where unemployment increased most …. Secondly, we highlight some institutional features of the labour market (employment protection legislation, unemployment …
Persistent link: https://www.econbiz.de/10012530488
Since the 1990s, the effective global labor supply has increased strongly, in particular due to the integration of China and India into the global markets. This rise has also deteriorated the situation of low-skilled workers in advanced economies. This development raises important challenges for...
Persistent link: https://www.econbiz.de/10009428973
In this thesis it is analyzed if promoting product market competition can help to to fight unemployment in Europe. We … affect aggregate unemployment for an exogenously given minimum real wage. The bottom-line was that product market reforms … will help to reduce aggregate unemployment under most circumstances.Modeling a microfoundation of mark-ups, we have …
Persistent link: https://www.econbiz.de/10009476214
This paper unravels a cyclical pattern in the value of employment elasticity in organized manufacturing in India over the period 1976-2002. Four periods are distinguished: the ‘benign’ growth period of the late seventies; the period of ‘jobless growth’ of the first half of the eighties;...
Persistent link: https://www.econbiz.de/10009477111
measures strengthening the policies for equal opportunities. Unemployment rate is decreasing, however the integration of elder … of elder unemployed into the labor market is more complicated that unemployment of other age group.Aim of research. To … motivation for work and causes of unemployment of elder unemployed;5. Reveal motivation for training and possibilities to …
Persistent link: https://www.econbiz.de/10009478340
unemployment, which was already high andwidespread at that stage. The new policy environment introduced a mix of legislation …, socioeconomic and labour market disparities. Economic growth was to bolsteremployment generation. Rising unemployment is, in light …
Persistent link: https://www.econbiz.de/10009442171
responses for total, youth, and long-term unemployment are estimated using local projections for a panel of 20 OECD countries … statistically significant increases in all three unemployment measures. On average, credit contractions in the sample increase total … unemployment rates by nearly 1 percentage point at the peak. This effect is even stronger for youth unemployment. The persistent …
Persistent link: https://www.econbiz.de/10012530518
By observing the economies of China, Germany, Japan, the United Kingdom and the United States, the article aims to study whether the economies are genuinely motivated to enhance global financial regulations. Throughout the Great Recession, the G20 nations have repeatedly declared that reforming...
Persistent link: https://www.econbiz.de/10009463359
Mainstream economists were puzzled by the global depression (the so-called Great Recession) that started late in 2007. In the Unites States, after an almost unanimous consensus of the economic profession and the Republican and Democratic politicians in their support of the bailouts of banks and...
Persistent link: https://www.econbiz.de/10009477023