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The divergence of unemployment rates between the United States and Europe coincided with a substantial acceleration in capital-embodied technical change in the late 1970s. Evidence suggests that European economies have lagged behind the United States in the adoption and usage of new...
Persistent link: https://www.econbiz.de/10011489796
Marginal employment (ME) is one of the largest forms of atypical employment in Germany. In this study, we analyse whether ME has a "stepping stone" function for unemployed individuals, i.e., whether ME increases the subsequent probability of regular employment. Our study adds to the literature...
Persistent link: https://www.econbiz.de/10011489853
In this study a two sector general equilibrium model with fully integrated labour and goods markets is presented. The two labour markets are segmented and represent two different "labour market regimes". The primary sector is an unionized high wage sector with "good" and rationed jobs, in the...
Persistent link: https://www.econbiz.de/10011491777
-in-Differences approach, we find that reducing the RR by 10 percentage points (or 17%) increases workers' odds of finding a job by at least 41 … on wages, it did not decrease other measures of post-displacement job-match quality. After 15 months, the reform … decreased unemployment insurance expenditures by 16%, about half of which are explained by job seekers' behavioral changes. …
Persistent link: https://www.econbiz.de/10011502567
A traditional way of looking at the importance of universities assumes that these are sources of many positive effects from the point of view of the inputs, i.e. from a demand side perspective. In accordance to this perspective, the importance of a university can be measured by its multiplier...
Persistent link: https://www.econbiz.de/10011502976
The paper contributes to understanding the effects stemming from the public sector employment changes in the Czech Republic and their impacts on the labor market through the lens of a New Keynesian dynamic stochastic general equilibrium model with search and matching frictions. The size of the...
Persistent link: https://www.econbiz.de/10011505049
The Finnish unemployment rose in the early 1990 s from three to eighteen percent in four years. Unemployment has then decreased to the average European level, being 8.5 percent in October 2002. In this paper, we describe the shocks leading to this unforeseen increase in unemployment. We then...
Persistent link: https://www.econbiz.de/10011506222
We use data about job search and work preferences, typically collected in a Labour Force Survey, in order to construct … an indicator of .choosiness. of the supply of job-seekers. The method for obtaining the indicator, first at individual …. Empirical analyses of cross-section and panel samples of job-seekers from the Italian quarterly Labour Force Survey clarify the …
Persistent link: https://www.econbiz.de/10011507778
Unemployment in the United Kingdom has fallen from high European-style levels to US levels. I argue that the key reasons are the reform of monetary policy, in 1993 with the adoption of inflation targeting and in 1997 with the establishment of the independent Monetary Policy Committee, and second...
Persistent link: https://www.econbiz.de/10011508067
model as it is in the data. We show with a simple analytical calculation that in the standard job matching model, one cannot …
Persistent link: https://www.econbiz.de/10011509369