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distribution. The conventional method of analysis is regression of summary inequality indices on variables such as the unemployment … and inflation rates. Building on the lessons from recent advances in time-series econometrics, we suggest instead that one …
Persistent link: https://www.econbiz.de/10010262571
find a high degree of downward nominal wage rigidity, which for rates of inflation lower than three percent is shown to … lead to higher equilibrium unemployment via the generated real wage wedge. …
Persistent link: https://www.econbiz.de/10010262566
inflation and unemployment differentials. Second, we find that asymmetries in labor market structures tend to increase the … and real wage rigidities. In our analysis, we focus on the differentials in inflation and unemployment between countries … volatility of both inflation and unemployment differentials. Finally, we show that it is important to take into account the …
Persistent link: https://www.econbiz.de/10010282566
This paper analyses the impact of government grants on labour demand using plant leveldata for manufacturing industry in Ireland. Our data consists of a large sample of plants andtheir complete grant history...
Persistent link: https://www.econbiz.de/10005861409
governments have so far taken concerning the systemof support for low-income families still implies very different poverty …
Persistent link: https://www.econbiz.de/10005861416
We estimate the wage penalty associated with working in the South African informal sector.To this end we use a rich data set on non-self employed males that allows one to accuratelydistinguish workers employed in the informal sector from those employed in the formal sectorand link individuals...
Persistent link: https://www.econbiz.de/10005861425
In this paper, we use 1991-2005 panel data on the unemployed, vacancies, inflow into unemployment, and outflow from … unemployment in five former communist economies and in the western part of Germany (a benchmark western economy) to examine the … evolution of unemployment together with that of inflows into unemployment and vacancies. The comparison of the transition …
Persistent link: https://www.econbiz.de/10005822900
the labor-market effects of other important refugee waves can be produced by spurious correlation between the instrument …
Persistent link: https://www.econbiz.de/10011744518
COVID-19 abruptly impacted the labor market with the unemployment rate jumping to 14.7 percent less than two months … after state governments began adopting social distancing measures. Unemployment of this magnitude has not been seen since … the Great Depression. This paper provides the first study of how the pandemic impacted minority unemployment using CPS …
Persistent link: https://www.econbiz.de/10012269942
This paper examines whether a greater concentration of foreigners increases the likelihood of unemployment in local … labor markets among citizens of the European Community. It provides the results of probit equations estimating the … labor markets. The estimates show a statistically significant, but weak, negative connection between the concentration of …
Persistent link: https://www.econbiz.de/10005703023