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In this paper, we aim to provide a comprehensive view of the unemployment dynamics generated by different structural shocks. We show that the relative contribution of the job finding and separation rates to the unemployment dynamics depends on a type of structural shocks. Identified using a sign...
Persistent link: https://www.econbiz.de/10010417964
regulated labour markets. In the estimation of the models, we use standard panel data estimators, as well as a version of the …The average employment rate for the OECD countries was close to 63 percent in the period 2000- 2015 but there is … considerable variation within and between countries. We find that a dynamic model for employment, derived from a multiple equation …
Persistent link: https://www.econbiz.de/10012005508
regulated labour markets. In the estimation of the models, we use standard panel data estimators, as well as a version of the …The average employment rate for the OECD countries was close to 63 percent in the period 2000-2015 but there is … considerable variation within and between countries. We find that a dynamic model for employment, derived from a multiple equation …
Persistent link: https://www.econbiz.de/10012018509
It is expected that increasing female labor force participation (FLFP) rate, due to the gender wage gap, reduces the unit labor costs, and therefore increases profit rates. Using a dataset of 130 countries for 1990-2019, this paper shows that while FLFP increases profit share in highincome...
Persistent link: https://www.econbiz.de/10014311277
In this paper we study international linkages when forecasting unemployment rates in a sample of 24 OECD economies. We propose a Global Unemployment Factor (GUF) and test its predictive ability considering in-sample and out-of-sample exercises. Our main results indicate that the predictive...
Persistent link: https://www.econbiz.de/10012845239
In this paper, we investigate how climate risk impacts the sovereign risk, the stock market evolution, and the degree of competitiveness, starting from the macroeconomic and financial effects globally produced by climate change. Using both quantile and logistic regression and a sample of 22...
Persistent link: https://www.econbiz.de/10013407079
can choose between employment and overtime (given mandated standard hours). Contrary to this approach, we consider the … impact of uncertainty and real options on the decision of working time, i.e. we examines the determinants of employment and …
Persistent link: https://www.econbiz.de/10011409991
characteristics of the high frequency (transitory) and low frequency (permanent) component flows. Because high frequency employment … important. High frequency plant-level employment fluctuations account for the majority of cyclical movements in aggregate … manufacturing employment, but the temporal separation between job destruction and job creation is more pronounced for low frequency …
Persistent link: https://www.econbiz.de/10014119993
simple model of employment and the workweek, I use mean workweek levels to identify the effect of workweek flexibility and … hours. I use the same identification scheme with panel data to see if an increase in workweek flexibility has been behind …
Persistent link: https://www.econbiz.de/10014068042
different consequences for the costs of recessions. Using U.S. employer-employee data, we find that employment growth at low …
Persistent link: https://www.econbiz.de/10013043227