Unemployment in the Stock and Flow

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Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)

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Book Synopsis Unemployment in the Stock and Flow by : Miles Corak

Download or read book Unemployment in the Stock and Flow written by Miles Corak and published by . This book was released on 1997 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: A framework for the dynamic analysis of unemployment is presented and applied to Canadian and U.S. data. The focus of the analysis is upon the distinction between being unemployed and becoming unemployed, that is, between the stock and the flow of unemployment. The share of a particular group in the stock of unemployed will differ from its share in the flow into unemployment to the extent that the average duration of unemployment for the group differs from the economy-wide average. An analysis of Canadian and U.S. data leads to a series of stylized facts that permit a deeper understanding of unemployment in the two countries and of the differences between them. Significant differences in the average duration of unemployment imply that stock shares are not good indicators of flow shares; changes in the stock share of some groups are due to changes in the flow share, while for others they are due to changes in the length of unemployment spells. Explanations of the Canada-U.S. unemployment rate gap should try to accommodate at least three facts uncovered by the analysis: 1) that employer-initiated permanent separations are the primary means of entry into unemployment in Canada, while labor force entry plays a more important role in the U.S.; 2) unemployment spells are significantly longer in Canada than in the U.S. because of longer spells for most groups regardless of reason for unemployment, not because of a compositional difference in the make up of the unemployed; and 3) that longer spell duration and a higher incidence of unemployment contribute about equally to the trend increase in the Canada-U.S. unemployment differential during the 1980s.

A Stock-Flow Accounting Model of the Labor Market

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Author :
Publisher : International Monetary Fund
ISBN 13 : 1484360567
Total Pages : 54 pages
Book Rating : 4.4/5 (843 download)

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Book Synopsis A Stock-Flow Accounting Model of the Labor Market by : Yossi Yakhin

Download or read book A Stock-Flow Accounting Model of the Labor Market written by Yossi Yakhin and published by International Monetary Fund. This book was released on 2015-03-16 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt: The paper utilizes a theoretical stock-flow accounting model of the labor market, similar to Blanchard and Diamond (1989). Identifying restrictions are derived from the theoretical model and are imposed on a SVAR system. The estimation allows for decomposing fluctuations to their cyclical and structural components. The model is applied to the Israeli economy. The estimates suggest that non-cyclical factors account for at least half of the decline of the unemployment rate during the period between 2004-Q1, when unemployment peaked at 10.9 percent, and 2011-Q4, when it marked a trough at 5.4 percent; suggesting a shift inward of the Beveridge curve.

Unemployment in the Stock and Flow

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Publisher :
ISBN 13 : 9780660165790
Total Pages : 24 pages
Book Rating : 4.1/5 (657 download)

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Book Synopsis Unemployment in the Stock and Flow by : Michael Baker

Download or read book Unemployment in the Stock and Flow written by Michael Baker and published by . This book was released on 1996 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: A framework for the dynamic analysis of unemployment is presented, and applied to Canadian and U.S. data. The focus of the analysis is upon the distinction between being unemployed and becoming unemployed, that is, between the stock and the flow of unemployment. The share of a particular group in the stock of unemployed will differ from its share in the flow into unemployment to the extent that the average duration of unemployment for the group differs from the economy wide average. An analysis of Canadian and U.S. data leads to a series of stylized facts that permit a deeper understanding of unemployment in the two countries, and of the differences between them. Significant differences in the average duration of unemployment imply that stock shares are not good indicators of flow shares, changes in the stock share of some groups are due to changes in the flow share, while for others they are due to changes in the length of unemployment spells. Explanations of the Canada - U.S. unemployment rate gap should try to accommodate at least three facts uncovered by the analysis: (1) that employer initiated permanent separations are the primary means of entry into unemployment in Canada, while labour force entry plays a more important role in the US; (2) unemployment spells are significantly longer in Canada than in the U.S. because of longer spells for most groups regardless of reason for unemployment, not because of a compositional difference in the make up of the unemployed; and (3) that longer spell duration and a higher incidence of unemployment contribute about equally to the trend increase in the Canada-U.S. unemployment differential during the 1980s.

Essays on Stock-flow Unemployment in Britain

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Publisher :
ISBN 13 :
Total Pages : 278 pages
Book Rating : 4.:/5 (645 download)

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Book Synopsis Essays on Stock-flow Unemployment in Britain by : Mien-yun Kuo

Download or read book Essays on Stock-flow Unemployment in Britain written by Mien-yun Kuo and published by . This book was released on 2005 with total page 278 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Temporal Aggregation Bias in Stock-flow Models

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Publisher :
ISBN 13 :
Total Pages : 24 pages
Book Rating : 4.X/5 (2 download)

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Book Synopsis Temporal Aggregation Bias in Stock-flow Models by : Kenneth Burdett

Download or read book Temporal Aggregation Bias in Stock-flow Models written by Kenneth Burdett and published by . This book was released on 1994 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Stocks, Flows and Duration of Unemployment

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Publisher :
ISBN 13 :
Total Pages : 15 pages
Book Rating : 4.:/5 (254 download)

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Book Synopsis Stocks, Flows and Duration of Unemployment by : Ralph Turvey

Download or read book Stocks, Flows and Duration of Unemployment written by Ralph Turvey and published by . This book was released on 19?? with total page 15 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Unemployment Dynamics, Duration and Equilibrium

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Publisher :
ISBN 13 :
Total Pages : 80 pages
Book Rating : 4.X/5 (6 download)

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Book Synopsis Unemployment Dynamics, Duration and Equilibrium by : Simon M. Burgess

Download or read book Unemployment Dynamics, Duration and Equilibrium written by Simon M. Burgess and published by . This book was released on 2000 with total page 80 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Unemployment

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Publisher : Rowman & Littlefield
ISBN 13 : 9780389206613
Total Pages : 444 pages
Book Rating : 4.2/5 (66 download)

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Book Synopsis Unemployment by : K. G. Knight

Download or read book Unemployment written by K. G. Knight and published by Rowman & Littlefield. This book was released on 1986 with total page 444 pages. Available in PDF, EPUB and Kindle. Book excerpt: Unemployment is currently the major economic concern in developed countries. This book provides a thorough analysis of the theoretical and empirical aspects of the economics of unemployment in developed countries. It emphasizes the multicausal nature of unemployment and offers a variety of approaches for coping with the problem. Contents: Unemployment: Costs and Measurement; Stocks, Flows, Duration and the Incidence of Unemployment; Search, Unemployment and Unfilled Vacancies; Macroeconomics of Unemployment: The Classical Approach; Macroeconomics of Unemployment: The Non-Market Clearing Approach; Non-Natural Unemployment: The Empirical Evidence; The Natural Rate of Unemployment: The Supply Side; The Natural Rate of Unemployment: The Demand Side; Unemployment: Policy and Prospects; Bibliography^

The Ebb and Flow of Unemployment

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Publisher :
ISBN 13 :
Total Pages : 28 pages
Book Rating : 4.:/5 (89 download)

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Book Synopsis The Ebb and Flow of Unemployment by : Sir Dennis Holme Robertson

Download or read book The Ebb and Flow of Unemployment written by Sir Dennis Holme Robertson and published by . This book was released on 1923 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Profit-Investment-Unemployment Nexus and Capacity Utilization in a Stock-Flow Consistent Model

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Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)

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Book Synopsis The Profit-Investment-Unemployment Nexus and Capacity Utilization in a Stock-Flow Consistent Model by : Jean-Bernard Chatelain

Download or read book The Profit-Investment-Unemployment Nexus and Capacity Utilization in a Stock-Flow Consistent Model written by Jean-Bernard Chatelain and published by . This book was released on 2010 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper studies under which conditions the share of profit in value-added, financial constraints on investment and capital shortage may foster unemployment and may limit the growth of capital and/or the growth of aggregate demand, in a stock-flow consistent model. The efficiency of demand-side versus supply-side economic policies (decrease of the real interest rate and/or of the real wage, increase of the leverage ceiling constraint) depends on capital shortage and credit rationing, which are not necessarily simultaneous due to the effects of investment on aggregate demand and supply.

Employment in Perspective

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Publisher :
ISBN 13 :
Total Pages : 20 pages
Book Rating : 4.3/5 ( download)

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Book Synopsis Employment in Perspective by : United States. Bureau of Labor Statistics

Download or read book Employment in Perspective written by United States. Bureau of Labor Statistics and published by . This book was released on 1977 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt:

A Stock-flow Analysis of the Welfare Caseload

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Publisher :
ISBN 13 :
Total Pages : 42 pages
Book Rating : 4.:/5 (83 download)

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Book Synopsis A Stock-flow Analysis of the Welfare Caseload by : Jacob Alex Klerman

Download or read book A Stock-flow Analysis of the Welfare Caseload written by Jacob Alex Klerman and published by . This book was released on 2001 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: During the 1990s, the welfare caseload peaked and then declined by about half. The decline occurred simultaneously with a robust economic expansion and a series of major welfare reforms. This paper reconsiders the methods used in the previous studies to explain these changes. The authors explicitly model the welfare caseload as the net outcome of past flows onto and off of aid and explore the implications of such a stock-flow perspective for understanding the determinants of the caseload size and its evolution over time. The approach is shown to explain some of the anomalous findings in the literature regarding the effects of economic conditions on the welfare caseload. Then, using administrative data for California, the authors estimate the effect of the changing unemployment rate on the underlying flows and simulate the impact of the caseload stock. They find that approximately 50 percent of the caseload decline in California can be attributed to the declining unemployment rate. These estimates are substantially larger than the 20 to 35 percent estimates that are obtained from more traditional methods.

Flow and Stock Analysis of Polish Unemployment

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Publisher :
ISBN 13 :
Total Pages : 44 pages
Book Rating : 4.E/5 ( download)

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Book Synopsis Flow and Stock Analysis of Polish Unemployment by : Marek Góra

Download or read book Flow and Stock Analysis of Polish Unemployment written by Marek Góra and published by . This book was released on 1991 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt:

A Stock-Flow Analysis of the Welfare Caseload: Insights from California Economic Conditions

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Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (946 download)

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Book Synopsis A Stock-Flow Analysis of the Welfare Caseload: Insights from California Economic Conditions by :

Download or read book A Stock-Flow Analysis of the Welfare Caseload: Insights from California Economic Conditions written by and published by . This book was released on 2001 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: During the 1990s, the welfare caseload peaked and then declined by about half. The decline occurred simultaneously with a robust economic expansion and a series of major welfare reforms. This paper reconsiders the methods used in the previous studies to explain these changes. We explicitly model the welfare caseload as the net outcome of past flows onto and off of aid and explore the implications of such a stock-flow perspective for understanding the determinants of the caseload size and its evolution over turn. The approach is shown to explain some of the anomalous findings in the literature regarding the effects of economic conditions on the welfare caseload. Then, using administrative data for California, we estimate the effect of the changing unemployment rate on the underlying flows and simulate the impact on the caseload stock. We find that approximately 50 percent of the caseload decline in California can be attributed to the declining unemployment rate. These estimates are substantially larger than the 20 to 35 percent estimates that are obtained from more traditional methods.

The Performance Economy

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Publisher : Springer
ISBN 13 : 0230274900
Total Pages : 373 pages
Book Rating : 4.2/5 (32 download)

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Book Synopsis The Performance Economy by : W. Stahel

Download or read book The Performance Economy written by W. Stahel and published by Springer. This book was released on 2010-02-24 with total page 373 pages. Available in PDF, EPUB and Kindle. Book excerpt: This updated and revised edition outlines strategies and models for how to use technology and knowledge to improve performance, create jobs and increase income. It shows what skills will be required to produce, sell and manage performance over time, and how manual jobs can contribute to reduce the consumption of non-renewable resources.

The Unemployed Flow

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Publisher :
ISBN 13 :
Total Pages : 276 pages
Book Rating : 4.X/5 (1 download)

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Book Synopsis The Unemployed Flow by : William Wentworth Daniel

Download or read book The Unemployed Flow written by William Wentworth Daniel and published by . This book was released on 1990 with total page 276 pages. Available in PDF, EPUB and Kindle. Book excerpt:

A Stock-Flow Matching Approach to Evaluation of Public Training Program in a High Unemployment Environment

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Publisher :
ISBN 13 :
Total Pages : 35 pages
Book Rating : 4.:/5 (129 download)

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Book Synopsis A Stock-Flow Matching Approach to Evaluation of Public Training Program in a High Unemployment Environment by : Jekaterina Dmitrijeva

Download or read book A Stock-Flow Matching Approach to Evaluation of Public Training Program in a High Unemployment Environment written by Jekaterina Dmitrijeva and published by . This book was released on 2007 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt: Monthly panel (1998-2003) data from regional labor offices in Latvia are used to analyze the matching process in a high unemployment - low labor demand environment and to evaluate the impact of active labor market policy programs on outflows from unemployment. Results suggest that the hiring process is driven by a stock-flow rather than by a traditional matching function: the stock of unemployed at the beginning of the month and flow of vacancies arriving during the month are the key determinants of outflows from unemployment to employment, while stock of vacancies and inflow of unemployed do not play any significant role. We find positive and significant effect of training programs on outflows from unemployment to employment, thus providing strong evidence against recent cuts in training expenditures.