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Book Understanding Unemployment Dynamics in the Transition

Download or read book Understanding Unemployment Dynamics in the Transition written by Claudio De Vincenti and published by . This book was released on 1994 with total page 27 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Understanding Unemployment Dynamics in the Transition

Download or read book Understanding Unemployment Dynamics in the Transition written by Claudio De Vincenti and published by . This book was released on 1996 with total page 27 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Labor Market Institutions and Unemployment Dynamics in Transition Economies

Download or read book Labor Market Institutions and Unemployment Dynamics in Transition Economies written by Ms.Zuzana Brixiova and published by International Monetary Fund. This book was released on 1997-10-01 with total page 47 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper studies interactions between labor market institutions and unemployment dynamics in transition economies. It presents a dynamic matching model in which state sector firms endogenously shed labor and private job creation takes time. Two main conclusions arises. First, higher unemployment benefits increase steady-state unemployment, and, during the transition, they reduce the fall in real wages and speed up closure of state enterprises. Second, higher minimum wages can theoretically speed up the elimination of state sector jobs without affecting steady-state unemployment. These results are broadly consistent with existing evidence on the dynamics of unemployment and real wages in transition economies.

Book Output and Unemployment Dynamics in Transition

Download or read book Output and Unemployment Dynamics in Transition written by Vivek H. Dehejia and published by . This book was released on 2000 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Output and Unemployment Dynamics in Transition

Download or read book Output and Unemployment Dynamics in Transition written by Vivek Harsha Dehejia and published by . This book was released on 1998 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Output and Unemployment Dynamics in Transition

Download or read book Output and Unemployment Dynamics in Transition written by Vivek H. Dehejia and published by . This book was released on 2004 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Labor Market Institutions and Unemployment Dynamics in Transition Economics

Download or read book Labor Market Institutions and Unemployment Dynamics in Transition Economics written by Pietro Garibaldi and published by . This book was released on 1997 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Labor Force Transition Dynamics

Download or read book Labor Force Transition Dynamics written by Kailing Shen and published by . This book was released on 2023 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Job posting counts (JPCs) are increasingly being used as indicators of employment dynamics, but they have not received sufficient research attention to establish their value as a metric of these dynamics. This study aims to assess the efficacy of the traditional survey-based unemployment rate versus big-data-based JPCs in capturing labor market transitions in the United States. Using the Current Population Survey, our comparison focuses on the ability of these two types of metrics to predict individuals' transitions between employment and unemployment. Unlike with the unemployment rate, we not only examine the raw national JPCs but also consider four additional versions of JPCs that measure labor demand at various disaggregated levels. Our findings suggest that JPCs and the unemployment rate provide comparable predictive power for labor market transitions, with each capturing different aspects of the variation in these transitions. The estimated coefficients of both types of metrics remain statistically significant when considered together. Notably, the correlation between the unemployment rate and labor market transitions switches signs when year fixed effects are added, but a similar phenomenon is not observed when JPCs are examined. Among the various versions of JPCs, the most refined measure - JPCs by state, occupation, and industry - demonstrates the strongest predictive capabilities, outperforming other JPC measures and the unemployment rate.

Book Output and Unemployment Dynamics in transition Working Paper Number 178 January 1998

Download or read book Output and Unemployment Dynamics in transition Working Paper Number 178 January 1998 written by Vivek H. Dehejia and Douglas W. Dwyer and published by . This book was released on 1998 with total page 33 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book The Youth Labor Market Problem

Download or read book The Youth Labor Market Problem written by Richard B. Freeman and published by University of Chicago Press. This book was released on 2007-12-01 with total page 568 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume brings together a massive body of much-needed research information on a problem of crucial importance to labor economists, policy makers, and society in general: unemployment among the young. The thirteen studies detail the ambiguity and inadequacy of our present standard statistics as applied to youth employment, point out the error in many commonly accepted views, and show that many critically important aspects of this problem are not adequately understood. These studies also supply a significant amount of raw data, furnish a platform for further research and theoretical work in labor economics, and direct attention to promising avenues for future programs.

Book Empirical Labor Economics

Download or read book Empirical Labor Economics written by Theresa J. Devine and published by Oxford University Press. This book was released on 1991-02-28 with total page 356 pages. Available in PDF, EPUB and Kindle. Book excerpt: Presenting a complete survey of labor economics from the search point of view, this is the first book to coordinate a vast and scattered literature, making an increasingly important and sophisticated area in modern applied economics readily accessible. Completely comprehensive, Empirical Labor Economics covers not only sequential and random search, but all stochastic models of the labor market, and treats underlying economic theory and econometric methods as needed. It examines structural search models, studies directed at particular policy questions--such as the effect of unemployment benefits on unemployment durations--and simple descriptive studies, considering data from all over the world. With valuable summaries and trenchant assessments of the strengths and weaknesses of the search approach, Empirical Labor Economics is essential for those embarking on labor market research.

Book Labour Market Transitions and Unemployment Dynamics

Download or read book Labour Market Transitions and Unemployment Dynamics written by Christian Toft and published by . This book was released on 1990 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Labor Market Dynamics  A Hidden Markov Approach

Download or read book Labor Market Dynamics A Hidden Markov Approach written by Mr.Ippei Shibata and published by International Monetary Fund. This book was released on 2019-12-20 with total page 71 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper proposes a hidden state Markov model (HMM) that incorporates workers’ unobserved labor market attachment into the analysis of labor market dynamics. Unlike previous literature, which typically assumes that a worker’s observed labor force status follows a first-order Markov process, the proposed HMM allows workers with the same labor force status to have different history-dependent transition probabilities. I show that the estimated HMM generates labor market transition probabilities that match those observed in the data, while the first-order Markov model (FOM) and its many-state extensions cannot. Even compared with the extended FOM, the HMM improves the fit of the empirical transition probabilities by a factor of 30. I apply the HMM to (1) calculate the long-run consequences of separation from stable employment, (2) study evolutions of employment stability across different demographic groups over the past several decades, (3) compare the dynamics of labor market flows during the Great Recession to those during the 1981 recession, and (4) highlight the importance of looking beyond distributions of current labor force status.

Book Job to Job Transitions and Unemployment Dynamics

Download or read book Job to Job Transitions and Unemployment Dynamics written by Michael Simmons and published by . This book was released on 2018 with total page 41 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper studies the role of job-to-job transitions in driving unemployment dynamics. Three stylized facts emerge from applying and extending a well-known stocks-flows based decomposition to the UK and US labour markets for the past two decades. First, the variations in the job-to-job probability contribute approximately a third and a fifth of the dynamics of the unemployment rate in the UK and US, respectively. Second, these results are not driven by compositional shifts in the pool of job leavers and are robust to controlling for time aggregation. Finally, conventional analyses that disregards job-to-job transitions will significantly underestimate the role of job finding in contributing to labour market dynamics.

Book The Dynamics of Unemployment   a Transition Flow Analysis of the Canadian Labour Market

Download or read book The Dynamics of Unemployment a Transition Flow Analysis of the Canadian Labour Market written by De Broucker, Patrice and published by . This book was released on 1981 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book The Dynamics of Unemployment

Download or read book The Dynamics of Unemployment written by Kim B. Clark and published by . This book was released on 1981 with total page 202 pages. Available in PDF, EPUB and Kindle. Book excerpt: