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Most "wage curve" studies treat local labour markets as independent "islands" in the national economy. However, when a local labour market is in close proximity of other labour markets, a local shock that increases unemployment may not lead to lower pay rates if employers fear outward migration...
Persistent link: https://www.econbiz.de/10011335216
Because of heterogeneity across regions, economic policy measures are increasingly targeted at the regional level. As a result, the need for economic forecasts at a sub-national level is rapidly increasing. The data available to compute regional forecasts is usually based on a pseudo-panel that...
Persistent link: https://www.econbiz.de/10011343272
This paper develops a flexible multi-dimensional assessment method for the comparison of different statistical-econometric techniques based on learning mechanisms, with a view to analysing and forecasting regional labour markets. The aim of this paper is twofold. A first major objective is to...
Persistent link: https://www.econbiz.de/10014191096
Because of heterogeneity across regions, economic policy measures are increasingly targeted at the regional level. As a result, the need for economic forecasts at a sub-national level is rapidly increasing. The data available to compute regional forecasts is usually based on a pseudo-panel that...
Persistent link: https://www.econbiz.de/10014064744
Most "wage curve" studies ignore the geography of local labor markets. However, when a local labor market is in close proximity of other labor markets, a local shock that increases unemployment may not lead to lower pay rates if employers fear outward migration of their workers. Hence, the...
Persistent link: https://www.econbiz.de/10014055860
There is a growing interest in the academic and policy making communities in understanding the effects of sectoral specialisation on labour market performance. The existing empirical evidence, mainly based on US data, generally finds a positive correlation between sectoral specialisation and...
Persistent link: https://www.econbiz.de/10014060960
The job search literature suggests that on-the-job search reduces the probability of unemployed people finding a job. However, there is no evidence that employed and unemployed job seekers are similar or apply for the same jobs. We combine the Labour Force Survey and the British Household Panel...
Persistent link: https://www.econbiz.de/10013122664