The heterogeneity and cyclical sensitivity of unemployment
Title | The heterogeneity and cyclical sensitivity of unemployment PDF eBook |
Author | Christoph M. Schmid |
Publisher | |
Pages | |
Release | 1999 |
Genre | |
ISBN |
The Heterogeneity and Cyclical Sensitivity of Unemployment
Title | The Heterogeneity and Cyclical Sensitivity of Unemployment PDF eBook |
Author | Christoph M. Schmidt |
Publisher | |
Pages | 46 |
Release | 1999 |
Genre | Labor market |
ISBN |
Okun's Law, Development, and Demographics: Differences in the Cyclical Sensitivities of Unemployment Across Economy and Worker Groups
Title | Okun's Law, Development, and Demographics: Differences in the Cyclical Sensitivities of Unemployment Across Economy and Worker Groups PDF eBook |
Author | Zidong An |
Publisher | International Monetary Fund |
Pages | 22 |
Release | 2021-11-12 |
Genre | Business & Economics |
ISBN | 1616356049 |
The negative and stable relationship between an economy’s aggregate demand conditions and overall unemployment is well-documented. We show that there is a large degree of heterogeneity in the cyclical sensitivities of unemployment across worker and economy groups. First, unemployment is more than twice as sensitive to aggregate demand in advanced as in emerging market and developing economies. Second, youth’s unemployment is twice as sensitive as that of adults’. Third, women’s unemployment is significantly less sensitive to demand than men’s in advanced economies. These findings point to the highly unequal impacts of the business cycle across worker and economy groups.
Heterogeneity in the Cyclical Sensitivity of Job-to-job Flows
Title | Heterogeneity in the Cyclical Sensitivity of Job-to-job Flows PDF eBook |
Author | Sandra Schaffner |
Publisher | |
Pages | 21 |
Release | 2009 |
Genre | |
ISBN |
Labor Force Status Dynamics in the German Labor Market
Title | Labor Force Status Dynamics in the German Labor Market PDF eBook |
Author | Jochen Kluve |
Publisher | |
Pages | 0 |
Release | 2009 |
Genre | |
ISBN | 9783867881579 |
Heterogeneity and Cyclical Unemployment
Title | Heterogeneity and Cyclical Unemployment PDF eBook |
Author | Mark Bils |
Publisher | |
Pages | 27 |
Release | 2009 |
Genre | Unemployment |
ISBN |
We model worker heterogeneity in the rents from being employed in a Diamond-Mortensen-Pissarides model of matching and unemployment. We show that heterogeneity, reflecting differences in match quality and worker assets, reduces the extent of fluctuations in separations and unemployment. We find that the model faces a trade-off--it cannot produce both realistic dispersion in wage growth across workers and realistic cyclical fluctuations in unemployment.
The cyclical sensitivity of regional employment and unemployment differentials
Title | The cyclical sensitivity of regional employment and unemployment differentials PDF eBook |
Author | I. Gordon |
Publisher | |
Pages | |
Release | 1984 |
Genre | Labor |
ISBN |