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... dispersion are more pronounced in periods with low aggregate pro…tability. Moreover, the
explanatory power of the model increases signi…cantly when we add the interaction term.
To strengthen our main …ndings, we identify a setting where the migration of employees
and capital is more di¢ cult, and t ...
Youth Entrepreneurship in Europe: Values, Attitudes, Policies
... On 2 May 2012, Italian newspapers celebrated a new milestone in the history of Italian start‑ups
(Corriere della Sera, 2012). Glancee, a hi‑tech company founded by two Italians and one Canadian
just a year and a half earlier and the owner of a social location smartphone application, was acquired
THE ECONOMICS OF POST-COMMUNIST TRANSITION
... Transition in Central and Eastern Europe has led to a Ushaped response of output, that is, a sharp decline in output
followed by recovery. Six years after the beginning of
transition, most of the countries of Central Europe now
seem firmly on the upside. Most of the countries of Eastern
Europe are s ...
Unemployment (Fears) and Deflationary Spirals
... the benchmark value of 50% of the prevailing wage rate to 55% and document that this
increase in insurance improves the welfare of all agents, provided that the policy switch
occurs in a recession. This is true even if wage rates adjust upwards to take into account
the strengthened bargaining positi ...
Opaque Financial Reporting due to Unemployment Concerns
... require firms to provide a wage premium (“compensating wage differential”) for this risk
exposure. The outcome is an increase in compensation expenses of the firm (Abowd and
Ashenfelter, 1981; Li, 1986). This compensating wage differential is not trivial. For example,
Agrawal and Matsa (2013) conse ...
Getting Back to Full Employment - Center for Economic and Policy
... ones who do not have the skill or ability to work (the structurally
unemployed) and those who are between jobs (the frictionally unemployed). It
is reasonable to argue that we were approaching this level in 2000.
When demand in the economy can no longer create more
employment, where does the pressur ...
The Phillips Curve and the Role of the Monetary Policy: A
... increase the natural rate of unemployment by discouraging investment, for
example investment in the retention of workers (high interest rate reduces
the probability of paying higher wages) or investment that could increase the
productivity of the rm's workforce. Second, equilibrium employment will
... should start immediately upon entry into unemployment. For the third group, if individuals lose their
jobs because of sickness or ill-health, it is vital to
mobilise support before they enter long-term disability. This plainly involves medical support, a focus
on the sort of work which the individua ...
New Evidence on Cyclical and Structural Sources of Unemployment
... labor demand across sectors, whereas others may be characterized by shifts in the
composition of labor demand. While beneficial in the long run, the reallocation of labor in
response to sectoral shifts imposes short-run costs in the form of increases in unemployment.
The greater the divergence in th ...
2. Aims of the thesis
... rewards are more tangible benefits, such as income and security; if you hate your job but
love your paycheck, you are experiencing extrinsic rewards. Work would be most
satisfying if it provided high levels of both intrinsic and extrinsic rewards. (Mortimer,
1979) There is, however, a great deal of ...
... 3. Changes in the level of money supply have no long-run real effects; changes in the growth
rate of money supply have no long-run real effects, either
4. Even though expansionary policy may reduce unemployment only temporarily, policymakers
may want to do so if, for example, timing economic booms r ...
Labor unemployment costs and venture capital investment
... We collect information on the maximum amount of benefits and the maximum duration
during which a worker might receive unemployment benefits from the U.S. Department of Labor.
The department publishes each year in January and July a report on significant provisions of state
unemployment insurance law ...
CHAPTER 8 THE ANATOMY OF INFLATION AND
... contribute to a higher natural unemployment rate is known as unemployment hysteresis, and there are two
possible explanations for it. The first is that workers who are unemployed may get accustomed to not
being in the work force (while maybe taking on odd jobs even as they receive unemployment bene ...
TERMS OF REFERENCE
... aiming at establishing a regional resource center and knowledge hub to ensure that
comprehensive youth policies and sexual and reproductive health services and education, that
are in line with international standards, are expanded across the region, with specific focus on
addressing the needs of vul ...
The Unemployment Gender Gap
... Women fared decidedly better than men during the most recent
recession. By August 2009, the unemployment rate for men had hit
11.0 percent, while that for women held at 8.3 percent. This
2.7 percentage point unemployment gender gap—the largest in
the postwar era—appears to reflect two factors: First ...
creating decent jobs for cameroon`s fast growing youthful population
... youth unemployment as:
• the mismatch of training and employment;
• discrimination in the labor market;
• weak capacity for startups;
• Inaccessible and non-affordable key production inputs, particularly, land,
credit and information on innovations.
• The NYP admits that fewer youths are able to sec ...
The Influencing Factors on Unemployment Level
... Card, D. and Krueger, B. (1994) looked at the effects on fast-food restaurants in New Jersey and Pennsylvania of raising
the minimum wage in 1992. In their study, they found out that raising of minimal wage has no effect or an unimportant
positive one on employment. On the other hand,Neumark and Was ...
Smooth and Sticky Adjustment: a by
... experience 785 spells of non-employment between 1991 and 1996. For the US there are
1,345 individuals who experience 2,340 spells of non-employment between 1988 and 1993.
Looking at the first row of Table 1, the average duration of unemployment is shortest for
those spells ending in a return to the ...
... Firms want to get the best performance they can out of their workers.
Sometimes monitoring workers is difficult or costly; an alternative is to
pay them a relatively high wage, making them motivated to perform
well in order to keep their job.
Towards the Upturn of Residential Mortgage Markets: Which
... Even in the period 1998-2007 we found that
the relationships between some macroeconomic variables and the mortgage
market trends were anomalous in that the
sign was different compared to what would
› GDP and population in Germany;
› Population in France;
› Unemployment rate and disposab ...
Inflation, Current Account Deficits and Unemployment
... The recent recession, of course, pulled down
Australia’s average growth rate (as did
recessions in other developed economies). Our
last recession has been described as the worst
recession in 60 years. In fact, it was broadly
comparable in severity with the early 1980s
recession.The fall in GDP (excl ...
Youth unemployment is the unemployment of young people, defined by the United Nations as 14–28 years old. An unemployed person is defined as someone who does not have a job but is actively seeking work. In order to qualify as unemployed for official and statistical measurement, the individual must be without employment, willing and able to work, of the officially designated 'working age' and actively searching for a position. Youth unemployment rates are historically four to five times more than the adult rates in every country in the world. In 2012, youth made up to 40% of the world unemployed, with a global youth unemployment rate of 12.6%. Close to 75 million youth were unemployed worldwide. In November 2011, the number of unemployed youth in the United Kingdom exceeded one million for the first time in the past 19 years. In Spain, youth unemployment has doubled since 2008 and now stands at 46%. In the OECD as a whole, 15 million young people are unemployed representing around $300 billion in lost wages alone, over a full year.