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possibility that the relationship between self-employment and unemployment is not identical across nations; ii) circumvent … differing effects on unemployment, depending on the regime; and iv) analyze the dynamic effects of self-employment shocks on job … significant response of cyclical unemployment to shocks to self-employment but with differing intensities, depending on the level …
Persistent link: https://www.econbiz.de/10014155647
unemployment in selected OECD countries. The labour force variations attributable to an economy operating at below full employment … force participation rates. The results show that hidden unemployment is a major problem in the countries studied, and adds …
Persistent link: https://www.econbiz.de/10014215576
We show that the inability of a standardly-calibrated labor search-and-matching model to account for labor market volatility extends beyond the U.S. to a set of OECD countries. That is, the volatility puzzle is ubiquitous. We argue cross-country data is helpful in scrutinizing between potential...
Persistent link: https://www.econbiz.de/10010741707
We show that the inability of a standardly-calibrated labor search-and-matching model to account for labor market volatility extends beyond the U.S. to a set of OECD countries. That is, the volatility puzzle is ubiquitous. We argue cross-country data is helpful in scrutinizing between potential...
Persistent link: https://www.econbiz.de/10010500264
Does a country's level of unemployment have an impact on the long-run growth rate? Incorporating unemployment into a … generalised Solow-type growth model yields some answers. In the traditional Solow model, unemployment has no long-run influence on … the growth rate and the level of productivity. The long-run level of productivity is reduced if higher unemployment leads …
Persistent link: https://www.econbiz.de/10011440805
This paper introduces and examines a definition of an equilibrium rate of unemployment that can be used as mismatch …
Persistent link: https://www.econbiz.de/10011540506
Anglo-Saxon countries have been successful in the 1990s concerning labor market performance compared to the former role models Germany and Japan. This reversal in relative economic performance might be related to idiosyncracies in financial markets with bank-based financial markets as in Germany...
Persistent link: https://www.econbiz.de/10011507850
unemployment. These results survive several robustness checks. The differing results concerning the roles of income and education …
Persistent link: https://www.econbiz.de/10010438691
This paper investigates unemployment and labour market rigidities in OECD countries in 1983-1994. The central issue is … the taxation-unemployment relationship and whether this relationship is exogenous or simultaneously determined. Hausman … specification tests indicate that the impact of taxation on short-term unemployment is positive and exogenous whereas the …
Persistent link: https://www.econbiz.de/10011476939
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 macro model with institutional and population...
Persistent link: https://www.econbiz.de/10012018509