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Unemployment Persistence And Mismatch
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Book Synopsis Unemployment Persistence and Mismatch by : Raquel Fonseca
Download or read book Unemployment Persistence and Mismatch written by Raquel Fonseca and published by Presses univ. de Louvain. This book was released on 2002 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the mid-1970s Spain has suffered from persistently high unemployment, as it has occurred in other parts of Europe. Although during the last few years the unemployment level has declined, there are still enormous disparities in the unemployment rate across groups, skills and regions. This thesis attempts to shed some light on the mechanisms of unemployment persistence and skill and regional mismatch in Spain. Chapter 1 provides a first introductory analysis of Spanish data. The chapter emphasises the importance of skill and regional mismatch, which may have contributed about fifty percent to the observed increase in total unemployment over the last twenty years. The chapter also studies the cyclical pattern in the Spanish unemployment, which is a very important aspect in view of its magnitude. The following three chapters are devoted to the evaluation of different mechanisms that may have been at work. In all three chapters, the analysis relies on the specification, calibration and simulation of dynamic general equilibrium models with matching on the labour market. Chapter 2 focuses on cyclical fluctuations, with particular emphasis on the role of reallocation shocks. Chapter 3 focuses on « skill mismatch »; more precisely the chapter investigates to what extent unemployment rate disparities across skill groups can be explained in terms of a « ladder effect ». Chapter 4 focuses on regional disparities. A model is built to investigate the possible determinants of regional disparities and the role of labour mobility.
Book Synopsis Real Wages Skill Mismatch and Unemployment Persistence by : Henri R. Sneessens
Download or read book Real Wages Skill Mismatch and Unemployment Persistence written by Henri R. Sneessens and published by . This book was released on 1994 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Mismatch Unemployment by : Aysegul Sahin
Download or read book Mismatch Unemployment written by Aysegul Sahin and published by . This book was released on 2012 with total page 79 pages. Available in PDF, EPUB and Kindle. Book excerpt: We develop a framework where mismatch between vacancies and job seekers across sectors translates into higher unemployment by lowering the aggregate job-finding rate. We use this framework to measure the contribution of mismatch to the recent rise in U.S. unemployment by exploiting two sources of cross-sectional data on vacancies, JOLTS and HWOL, a new database covering the universe of online U.S. job advertisements. Mismatch across industries and occupations explains at most 1/3 of the total observed increase in the unemployment rate, whereas geographical mismatch plays no apparent role. The share of the rise in unemployment explained by occupational mismatch is increasing in the education level.
Book Synopsis Asymmetric Growth Effects, Skill Mismatch and Unemployment Persistence by : Henri R. Sneessens
Download or read book Asymmetric Growth Effects, Skill Mismatch and Unemployment Persistence written by Henri R. Sneessens and published by . This book was released on 1995 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Mismatch and Labour Mobility by : Fiorella Padoa Schioppa
Download or read book Mismatch and Labour Mobility written by Fiorella Padoa Schioppa and published by Cambridge University Press. This book was released on 1991-03-07 with total page 524 pages. Available in PDF, EPUB and Kindle. Book excerpt: High and persistent unemployment has been experienced by most developed countries during the 1980s. Many researchers have sought to explain this development in terms of "mismatch," arguing that the economies that have suffered most from persistently high unemployment are those that have been least flexible in matching their unemployed with the available employment opportunities. This conference proceedings volume examines the evidence on sectoral wage differentials, labor mobility and the ratio of unemployment to job vacancies in detailed studies of seven countries with a wide variety of labor market and macroeconomic structures: the United States, Japan, West Germany, Sweden, the United Kingdom, Italy and Spain.
Book Synopsis Structural Unemployment by : Wolfgang Franz
Download or read book Structural Unemployment written by Wolfgang Franz and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 142 pages. Available in PDF, EPUB and Kindle. Book excerpt: High and persistent unemployment rates in Europe during the eighties gave rise to a lively discussion about the nature and causes of joblessness. Among other sources structural unemployment was blamed for the lack of response of unemployment to increasing aggregate demand. Renewed attention was thus devoted to an analysis of the magnitude and the development of structural unemployment as well to its possi ble determinants. In this literature, the Beveridge curve experienced a resurrection and, at first glance, it seemed to be an appropriate tool to analyse the aforementioned issues. However, it was soon recognized that the Beveridge curve, i. e. the relation between unemployment and vacancies, was anything but stable, thus requiring a care ful distinction between dynamic loops around a (stable?) long-run Beveridge curve and possible shifts due to, say, an increasing mismatch between labor supplied and demanded. The controversy is far from being settled at the time of this writing. This book contains a collection of hitherto unpublished papers which are devoted to a theoretical and econometric analysis of structural unemployment. The papers put considerable emphasis on the question to what extent the Beveridge curve can serve as an adequate tool for such studies. The countries under consideration are Germany and Austria. In what follows a very brief summary of each paper will be outlined. Franz and Siebeck present, at some length, a theoretical and econometric analysis of the Beveridge curve in Germany.
Book Synopsis Structural Adjustment and Unemployment Persistence by : Henri R. Sneessens
Download or read book Structural Adjustment and Unemployment Persistence written by Henri R. Sneessens and published by . This book was released on 1998 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Has COVID-19 Induced Labor Market Mismatch? Evidence from the US and the UK by : Carlo Pizzinelli
Download or read book Has COVID-19 Induced Labor Market Mismatch? Evidence from the US and the UK written by Carlo Pizzinelli and published by International Monetary Fund. This book was released on 2022-01-19 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper studies whether labor market mismatch played an important role for labor market dynamics during the COVID-19 pandemic. We apply the framework of S ̧ahin et al. (2014) to the US and the UK to measure misallocation between job seekers and vacancies across sectors until the third quarter of 2021. We find that mismatch rose sharply at the onset of the pandemic but returned to previous levels within a few quarters. Consequently, the total loss in employment caused by the rise in mismatch was smaller during the COVID-19 pandemic than during the Global Financial Crisis. The results are robust to considering alternative definitions of job seekers and to using a measure of effective job seekers in each sector. Preliminary evidence suggests that increased inactivity among older workers, the so called She-cession (particularly in the US) and shifting worker preferences amid strong labor demand are more prominent explanations for the persistent employment shortfall vis-à-vis pre-COVID levels.
Book Synopsis Women on Probation and Parole by : Merry Morash
Download or read book Women on Probation and Parole written by Merry Morash and published by UPNE. This book was released on 2010 with total page 194 pages. Available in PDF, EPUB and Kindle. Book excerpt: The first in-depth comparative look at gender-responsive versus traditional probation and parole for women
Book Synopsis Skills and Jobs Mismatches in Low- and Middle-income Countries by : Paul Comyn
Download or read book Skills and Jobs Mismatches in Low- and Middle-income Countries written by Paul Comyn and published by . This book was released on 2019 with total page 193 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Mismatch Explanations of European Unemployment by : Horst Entorf
Download or read book Mismatch Explanations of European Unemployment written by Horst Entorf and published by Springer Science & Business Media. This book was released on 1998 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: The peristence of European unemployment stands in striking contrast to the cyclical pattern of unemployment in the US. Many people attribute the rise in European unemployment to increased imbalances between the pattern of labour demand and supply - in other words, to greater mismatch, but existing mismatch indicators do not support this view. However, the obvious inference is not legitimate because the evidence is based on trended data, and thus gives rise to spurious statistical results. To get around the problem, the author uses the dynamic flow approach to structural unemployment and disaggregated data. The reader will find new results on "non-spurious" mismatch tendencies, occupational reallocation, the matching of apprentices, and the importance of matching and mobility for wage differentials.
Book Synopsis High and Persistent Skilled Unemployment in Morocco by : Thomas Awazu Pereira da Silva
Download or read book High and Persistent Skilled Unemployment in Morocco written by Thomas Awazu Pereira da Silva and published by . This book was released on 2017 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper sheds light on the increasing and persistent skilled unemployment in Morocco over the past decade - oscillating around 20% of total unemployment. It identifies and estimates the role and significance of a skill mismatch between Morocco's education system and its labor market, illustrated by the ratio between technical and general university degrees produced by the education system. The paper finds supporting evidence that a skill mismatch does play a significant role in explaining Morocco's increasing skilled unemployment in a context of on-going structural reforms.
Book Synopsis Labor, Credit, and Goods Markets by : Nicolas Petrosky-Nadeau
Download or read book Labor, Credit, and Goods Markets written by Nicolas Petrosky-Nadeau and published by MIT Press. This book was released on 2017-11-10 with total page 271 pages. Available in PDF, EPUB and Kindle. Book excerpt: An integrated framework to study the theoretical and quantitative properties of economies with frictions in labor, financial, and goods markets. This book offers an integrated framework to study the theoretical and quantitative properties of economies with frictions in multiple markets. Building on analyses of markets with frictions by 2010 Nobel laureates Peter A. Diamond, Dale T. Mortensen, and Christopher A. Pissarides, which provided a new theoretical approach to search markets, the book applies this new paradigm to labor, finance, and goods markets. It shows, in particular, how frictions in different markets interact with each other. The book first covers the main developments in the analysis of the labor market in the presence of frictions, offering a systematic analysis of the dynamics of this environment and explaining the notion of macroeconomic volatility. Then, building on the generality and simplicity of the search analysis, the book adapts it to other markets, developing the tools and concepts to analyze friction in these markets. The book goes beyond the traditional general equilibrium analysis of markets, which is often frictionless. It begins with the standard analysis of a single market, and then sequentially integrates more markets into the analysis, progressing from labor to financial to goods markets. Along the way, the book provides a number of useful results and insights, including the existence of a direct link between search frictions and the degree of volatility in the economy.
Book Synopsis Innovation Policy and the Economy by : Adam B. Jaffe
Download or read book Innovation Policy and the Economy written by Adam B. Jaffe and published by . This book was released on 2005 with total page 186 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Explaining Unemployment in Spain by : Mr.Jeffrey R. Franks
Download or read book Explaining Unemployment in Spain written by Mr.Jeffrey R. Franks and published by International Monetary Fund. This book was released on 1994-09-01 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: Spain has the most serious and persistent unemployment problem in Europe, with an unemployment rate that reached 24.6 percent in early 1994. This paper explores the characteristics of this unemployment problem, its causes, and provides a brief discussion of recent labor market reform measures and their likely Impact. A demographic shift in recent years has produced a large rise in female labor force participation and a decrease in agricultural jobs to which the economy has been unable to adjust. The effects of generous unemployment benefits and the large underground economy may explain 6–12 percentage points of the resulting unemployment, but the remainder must be explained by failures and rigidities in the labor market. The paper presents econometric evidence that unemployment displays hysteresis, and that wages are not responsive to changes in the unemployment rate. This evidence supports the claim that insider-outsider factors and rigidities in the legal structure of the labor market are responsible for much of the high unemployment rate. Recent reforms have improved the functioning of the labor market, but they are unlikely to be sufficient to reduce unemployment to single digit rates without further action.
Book Synopsis Young People and the Labour Market by : Floro Ernesto Caroleo
Download or read book Young People and the Labour Market written by Floro Ernesto Caroleo and published by Routledge. This book was released on 2017-11-20 with total page 290 pages. Available in PDF, EPUB and Kindle. Book excerpt: Young people are a vulnerable category of workers, finding themselves in a delicate phase of their working life: their first entry into the labour market. In many European countries, youngsters are unemployed or have difficulty finding and obtaining jobs. This situation has deteriorated particularly after the crises, recessions and stagnation that has impacted European economies in recent years. In addition to the cyclical or crisis impact, structural factors are also very important. Additionally, prolonged crises, as in some Eurozone countries, have transformed a significant part of cyclical unemployment in structural (long term) unemployment. Young People and the Labour Market: A Comparative Perspective explores the condition of young people in the labour market. The authors present new evidence from several countries, with a special focus on Europe, and offer a comparative perspective. They investigate questions such as which structural conditions and labour market institutions guarantee better youth performance, which education systems and school-to-work processes are more effective and in which countries is gender differentiation less of an issue. All of the aforementioned, as well as many other comparisons which the authors make, are significant in helping to facilitate the successful design of labour and education policies. As the first investigation by economists to explore the complexity of this topic, this book will be useful to both economists and sociologists who are interested in the role of young people in the labour market, and the problem of youth unemployment.
Book Synopsis Building Effective Employment Programs for Unemployed Youth in the Middle East and North Africa by : Diego F. Angel-Urdinola
Download or read book Building Effective Employment Programs for Unemployed Youth in the Middle East and North Africa written by Diego F. Angel-Urdinola and published by World Bank Publications. This book was released on 2013-07-17 with total page 189 pages. Available in PDF, EPUB and Kindle. Book excerpt: Given the labor market challenges that countries in the Middle East and North Africa (MENA) region are facing (notably high unemployment, prevalence of skills mismatches, low labor market mobility, and lack of formal employment networks), employment services could be a relevant policy instrument to assist unemployed individuals to find jobs. Despite high and increasing unemployment rates, employers in the region are facing difficulties to find workers whose competences and skills fit their employment needs. The study first surveys international best practices for the delivery of employment services and then reviews the provision of these services in a selected group of countries in the MENA region, with a focus on public provision through existing public employment agencies. Findings indicate public agencies in the region face many challenges for the effective delivery of employment programs, namely poor administrative capacity,system fragmentation, lack of governance and accountability, regulation bottlenecks, and flaws in program design. In order to help unemployed workers to obtain the competences required by available jobs, this study proposes a reform agenda based on the development of strong partnerships between public agencies, public providers, and employers for the design and implementation of flexible employment programs that respond to real employment needs. These partnershipss will need to be developed with strong governance mechanisms that make beneficiaries, private providers, and firms accountable for making sure that investments in employment programs lead to employment insertion. The book is directed to policy makers, practitioners, economists, and anyone interested in international best practices to promote a more effective delivery of employment services.
