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employment and unemployment) but also to reduce the negative impacts on labour market of structural shocks. If we focus on the …, the countries with the best results in terms of unemployment and employment would have been those that had a more flexible … data techniques, we investigate whether, as mainstream studies argue, the evolution of employment and unemployment in the …
Persistent link: https://www.econbiz.de/10011927085
unemployment in two largest economic regions in the world - the United States (US) and the Euro area (EA). For this purpose we … addition to local effects we find foreign uncertainty shocks influence the Euro area but not the US unemployment. Moreover we …
Persistent link: https://www.econbiz.de/10011437769
is linked to unemployment in country specific dynamic models. For Spain, the ADL-model estimation reveals a significant …We ask whether sectoral shocks and the subsequent labor reallocation are responsible for unemployment within selected … impact of sectoral reallocation on unemployment that goes beyond usual business cycle patterns. In Italy, there is weaker yet …
Persistent link: https://www.econbiz.de/10010424822
aggregate employment and disaggregated differences in worker flows along the life cycle. To this end, we use survey micro …-data for 31 European countries, and estimate the life-cycle profiles of transition probabilities across employment …, unemployment and nonparticipation for each country. We develop a decomposition measuring the contribution of these transition …
Persistent link: https://www.econbiz.de/10012913907
This paper presents a reappraisal of unemployment movements in the European Union. Our analysis is based on the chain … reaction theory of unemployment, which focuses on (a) the interaction among labor market adjustment processes, (b) the … growth drivers. Estimating a system of labor market equations for a panel of EU countries, we derive the dynamic unemployment …
Persistent link: https://www.econbiz.de/10011450238
We sketch a visionary strategy for Europe in which full employment is quickly regained by 2020, where income inequality … employment is regained by more policy attention toward innovation and its underlying research and development (R&D), accompanied … market shortages. The road to full employment is embedded in a landscape with less income inequality and more “greening” of …
Persistent link: https://www.econbiz.de/10010227788
We sketch a visionary strategy for Europe in which full employment is quickly regained by 2020, income inequality is … present policies continue within the European Union (EU) and its member states. In the vibrant scenario, full employment is … shortages. The road to full employment is embedded in a landscape with less income inequality and more "greening" of EU member …
Persistent link: https://www.econbiz.de/10010533168
We investigate the effects of Chinese import competition on transitions into and out of employment using comparable … increased probability that employed workers become unemployed and with a reduction in worker flows from unemployment to … employment. In countries with high levels of employment protection, incumbent workers are shielded against the risk of job loss …
Persistent link: https://www.econbiz.de/10012133371
s and 1980s accounts for the decline in employment among older workers in the United States. Second, the interaction … over this period, but ultimately explains little of the rise in unemployment. Third, only a small share of the increase in … unemployment can be attributed to the early retirement policies that were implemented in Europe from the 1970s up until the early …
Persistent link: https://www.econbiz.de/10011994453
This paper provides a unified account of the trends in unemployment and labor force participation pertaining to the … employment experience of older male workers during the past half-century. We build an equilibrium life-cycle model with labor … institutions in ways that deteriorate employment. The model explains simultaneously: (i) the fall in labor force participation in …
Persistent link: https://www.econbiz.de/10011517164