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of aggregate unemployment in postwar data. While this range may seem wide it is an indication that the importance of …
Persistent link: https://www.econbiz.de/10011730893
unemployment. Significant asymmetries emerge. Lilien's dispersion index is significant only for relatively high levels of … unemployment and becomes insignificant for low levels suggesting that reallocation affects unemployment only when the latter is … high. More job reallocation is associated with higher unemployment. …
Persistent link: https://www.econbiz.de/10011730966
public sector units in 1991. Since then, per capita output has increased significantly, while the overall unemployment rate … unemployment remains stubbornly high, an overwhelming proportion of the labor force continues to work in the informal sector, and …
Persistent link: https://www.econbiz.de/10011812824
This paper provides evidence that finishing school when labour markets are weak leads to poor subsequent labour market prospects, particularly those leaving school at younger ages. Using administrative register data from Denmark, we find that these scarring effects are larger and more persistent...
Persistent link: https://www.econbiz.de/10012623701
When hiring new workers, employers use a wide variety of different recruiting methods in addition to posting a vacancy announcement, such as adjusting education, experience, or technical requirements, or offering higher wages. The intensity with which employers make use of these alternative...
Persistent link: https://www.econbiz.de/10012296346
Persistent link: https://www.econbiz.de/10012263828
I investigate the impact of parental unemployment on children’s educational attainment and long-run labor market … outcomes in Austria. I find that parental unemployment shortly before an important educational decision by parents for their … results emphasize the intergenerational and long-lasting consequences of parental unemployment. …
Persistent link: https://www.econbiz.de/10012264111
Persistent link: https://www.econbiz.de/10012391263
workers’ outside options. We document the negative selection into self-employment when workers enter from unemployment, and … contract out of unemployment. These facts call for a revision of active labor market policies in place …
Persistent link: https://www.econbiz.de/10012126166
Central banks need to be concerned about wages since they are a major driver of inflation. Rising wages are needed to signal directions for market adjustments to ensure growth. Wage growth is driven by relative scarcity, labor productivity and expectations about inflation and future growth....
Persistent link: https://www.econbiz.de/10012131008