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growth on unemployment compared to the standard matching model with disembodied technological progress … unemployment rate, using a search and matching model. We incorporate disembodied technological progress and on-the-job search into … faster growth to reduce unemployment by decreasing the separation rate and inducing job creation. We demonstrate that …
Persistent link: https://www.econbiz.de/10014208790
growth on unemployment compared to the standard matching model with disembodied technological progress. -- Growth … unemployment rate, using a search and matching model. We incorporate disembodied technological progress and on-the-job search into … faster growth to reduce unemployment by decreasing the separation rate and inducing job creation. We demonstrate that …
Persistent link: https://www.econbiz.de/10003921741
unemployment rate, using a search and matching model. We incorporate disembodied technological progress and on-the-job search into … growth reduces unemployment by decreasing job separation and inducing job creation. The incorporation of on-the-job search … unemployment than the standard matching model …
Persistent link: https://www.econbiz.de/10014186123
This paper provides evidence for a positive effect of total factor productivity growth on unemployment in cross …-country regressions for OECD countries. The paper explains this empirical result with an exogenous growth model with unemployment due to … implies cross-country differences in unemployment rates due to differences in the steady-state capital-output ratios. In turn …
Persistent link: https://www.econbiz.de/10012728652
, Germany, and the United Kingdom, we document striking similarities in spatial differences in unemployment, vacancies, job … quantitatively rationalizes why differences in job-separation rates have primary importance in inducing differences in unemployment … across space while changes in the job-finding rate are the main driver in unemployment fluctuations over the business cycle. …
Persistent link: https://www.econbiz.de/10012651396
This research presents a new metric known as "AI Augmentation," aimed at quantifying the influence of generative AI across diverse job roles, organizations, and sectors. The analysis defies prevailing expectations of job losses due to AI, instead demonstrating a reverse correlation between AI...
Persistent link: https://www.econbiz.de/10014345530
have high rates of unemployment relative to wage employment, and that self-employment is particularly high where the … unemployment-wage employment ratio is high. I interpret high unemployment-employment ratios as evidence of labor market frictions …, and develop a simple heterogeneous-firm search and matching model with choice between job search and self-employment to …
Persistent link: https://www.econbiz.de/10012868820
I study a dynamic search-matching model with two-sided heterogeneity, a production complementarity that induces labor …. The distribution of unemployment worker types adjusts slowly, which amplifies job creation in the short run. In the long … run, falling unemployment curtails the firms' vacancy posting. The model closely matches time-series moments from U …
Persistent link: https://www.econbiz.de/10014366741
. Data from Japan shows that productivity growth reduces both unemployment and the proportion of non-regular workers to total … employed workers. In order to study the impact of long-run productivity growth on unemployment and non-regular employment, I … faster growth on unemployment is ambiguous …
Persistent link: https://www.econbiz.de/10013102988
We develop a multi-sectoral matching model to predict the impact of the lockdown on the US unemployment, considering … and business closures that hit the workers with the first level of education explains the abruptness of the unemployment …-crisis unemployment level could be reached in 2024 in a scenario with a double wave. In the same scenario, a calibration on French data …
Persistent link: https://www.econbiz.de/10012243489