Unemployment Dynamics, Duration and Equilibrium
Title | Unemployment Dynamics, Duration and Equilibrium PDF eBook |
Author | Simon M. Burgess |
Publisher | |
Pages | 80 |
Release | 2000 |
Genre | Employment re-entry |
ISBN |
Unemployment Dynamics
Title | Unemployment Dynamics PDF eBook |
Author | Hélène Turon |
Publisher | |
Pages | 506 |
Release | 2001 |
Genre | |
ISBN |
Empirical Methods for the Study of Labour Force Dynamics
Title | Empirical Methods for the Study of Labour Force Dynamics PDF eBook |
Author | Kenneth Wolpin |
Publisher | Routledge |
Pages | 112 |
Release | 2013-10-11 |
Genre | Business & Economics |
ISBN | 1136459480 |
In the last twenty years there has been an explosion of economic research on labor force dynamics; the movement of individuals between labor force states. This book focuses on the methods by which behavioral theories of labor force dynamics have been empirically implemented. Most attention is paid to the partial equilibrium two-state transitional model of job search behavior. That model is the foundation for much of our thinking about the nature of unemployment at both the individual and aggregate levels. Although the basic formulation has remained the same, approaches to the empirical implementation of such models has changed dramatically.
Empirical Methods for the Study of Labor Force Dynamics
Title | Empirical Methods for the Study of Labor Force Dynamics PDF eBook |
Author | Kenneth I. Wolpin |
Publisher | Psychology Press |
Pages | 112 |
Release | 2001 |
Genre | Business & Economics |
ISBN | 9780415269407 |
In the last twenty years there has been an explosion of economic research on labour force dynamics. This book focuses on the methods by which behavioural theories of labour force dynamics have been empirically implemented.
Equilibrium Unemployment Dynamics in a Panel of OECD Countries
Title | Equilibrium Unemployment Dynamics in a Panel of OECD Countries PDF eBook |
Author | Ragnar Nymoen |
Publisher | |
Pages | 0 |
Release | 2015 |
Genre | |
ISBN |
We focus on the equilibrium unemployment rate as a parameter implied by a dynamic aggregate model of wage and price setting. The equilibrium unemployment rate depends on institutional labour market institutions through mark-up coefficients. Compared with existing studies, the resulting final equation for unemployment has a richer dynamic structure. The empirical investigation is conducted in a panel data framework and uses OECD data up to 2012. We propose to extend the standard estimation method with time dummies to control and capture the effects of common and national shocks by using impulse indicator saturation (WG-IIS), which has not been previously used on panel data. WG-IIS robustifies the estimators of the regression coefficients in the dynamic model, and it affects the estimated equilibrium unemployment rates. We find that wage co-ordination stands out as the most important institutional variable in our data set, but there is also evidence pointing to the tax wedge and the degree of compensation in the unemployment insurance system as drivers of equilibrium unemployment.
Explaining Disparities in Unemployment Dynamics
Title | Explaining Disparities in Unemployment Dynamics PDF eBook |
Author | Marika Karanassou |
Publisher | |
Pages | 40 |
Release | 1993 |
Genre | Commerce |
ISBN |
Job Matching, Wage Dispersion, and Unemployment
Title | Job Matching, Wage Dispersion, and Unemployment PDF eBook |
Author | Dale T. Mortensen |
Publisher | Oxford University Press, USA |
Pages | 219 |
Release | 2011-04-28 |
Genre | Business & Economics |
ISBN | 0199233780 |
A selection of key papers from the winners of the Nobel Memorial Prize 2010. It features their most important work on unemployment, labour market dynamics, and the equilibrium search model.