Showing 1 - 10 of 51
Based on the methodology proposed by Frey and Osborne (2017), we use their estimates for the probability of automation of occupations together with household survey data on the occupational distribution of employment to provide a risk assessment for the threat that automation may pose to the...
Persistent link: https://www.econbiz.de/10012224000
earnings losses for young workers generated by unemployment: unemployment represents time forgone in terms of human capital … downturn, as documented in the empirical literature. At the aggregate level, the framework delivers youth unemployment rates … that are higher and more sensitive to fluctuations in aggregate productivity than total unemployment rates. Additionally …
Persistent link: https://www.econbiz.de/10011389663
whether changes in matching frictions can explain the large and persistent increase in Mexican unemployment after the 2008 … unemployment rate. Hence, these results suggest that changes in matching frictions cannot explain most of the increase in … unemployment. …
Persistent link: https://www.econbiz.de/10010370084
an expected long period of unemployment make a job more valuable during recessions. I estimate the elasticity of the …
Persistent link: https://www.econbiz.de/10011894127
This paper studies the labour force participation in Mexico between 2005 and 2018 at the aggregate level. While the ageing of the labour force produced modest reductions in the participation rate, changes in the educational level countervailed these effects for the period of study. In...
Persistent link: https://www.econbiz.de/10012166219
Wage indexation practices have changed. Evidence on the U.S. for instance suggests that wages were heavily indexed to past inflation during the Great Inflation but not during the Great Moderation. However, most DSGE models assume fixed indexation parameters in wage setting, which might not be...
Persistent link: https://www.econbiz.de/10010206006
We characterize the salient features of the distribution of earnings and earnings changes of formal workers in Mexico using social security records for the period 2005-2019. We find strong evidence of deviations from normality of these distributions. Comparing the results obtained with...
Persistent link: https://www.econbiz.de/10013464810
We analyze the joint impact of employment protection and informality on macroeconomic volatility and the propagation of shocks in emerging economies. For this, we propose a small open economy business cycle model with frictional labor markets, labor regulation, and an informal sector, modeled as...
Persistent link: https://www.econbiz.de/10012165940
international markets to identify the effects of these events. We show that NAFTA integration reduced unemployment, and boosted …
Persistent link: https://www.econbiz.de/10011610177
We document the evolution of labor markets of five Latin American countries during the COVID-19 pandemic, with emphasis on informal employment. We show, for most countries, a slump in aggregate employment, mirrored by a fall in labor participation, and a decline in the informality rate. The...
Persistent link: https://www.econbiz.de/10012796814