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Structural Unemployment In Europe
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Book Synopsis The Rise of Unemployment in Europe by : Engelbert Stockhammer
Download or read book The Rise of Unemployment in Europe written by Engelbert Stockhammer and published by Edward Elgar Publishing. This book was released on 2004 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: The author considers the evolution of the rate of unemployment. Stockhammer provides a framework that compares the features and implications of the New Keynesian NAIRU model with those of the closely related post Keynesian theory of conflict inflation.
Book Synopsis Structural Unemployment in Western Europe by : Martin Werding
Download or read book Structural Unemployment in Western Europe written by Martin Werding and published by MIT Press. This book was released on 2006 with total page 361 pages. Available in PDF, EPUB and Kindle. Book excerpt: Leading international economists examine the different patterns and long-term trends behind persistent unemployment across Western Europe in light of recent developments in labor market theory. Structural unemployment, or persistently high levels of unemployment that do not follow the ups and downs of a typical business cycle, varies significantly across industrialized countries. In this CESifo volume, leading labor economists analyze the widely diverging patterns of long-term unemployment across Western Europe. Drawing on recent developments in labor market theory and macroeconomics to explain the emergence and persistence of unemployment, the studies look for fundamental explanations and common patterns that might lead to policy solutions.The two opening chapters offer overviews of the problem: European labor market expert Stephen Nickell highlights the unemployment situation in the "Big Four" continental European states of France, Germany, Italy, and Spain, and American economist Edmund S. Phelps focuses on new theoretical approaches that examine institutional factors influencing unemployment in a given country. Following these introductory essays, prominent economists consider the experiences of their home countries, in chapters on Denmark, Sweden, the Netherlands, Finland, Ireland, the United Kingdom, France, Germany, Italy, and Spain. By taking advantage of the richness of research conducted at a national level and making the work accessible to an international audience, this volume contributes to a new understanding of structural unemployment and how it can be overcome through labor market reforms and other economic policy measures. Contributors Torben Andersen, Samuel Bentolila, Norbert Berthold, Guiseppe Bertola, Rainer Fehn, Pietro Garibaldi, Bertil Holmlund, Juan F. Jimeno, Erkki Koskela, Stephen J. Nickell, Jan C. van Ours, Edmund S. Phelps, Jean Pisany-Ferry, Christopher Pissarides, Roope Uusitalo, Brendan Walsh, Martin Werding
Book Synopsis Structural Unemployment in Luxembourg: Bad Luck or Rational Choice? by : William Gbohoui
Download or read book Structural Unemployment in Luxembourg: Bad Luck or Rational Choice? written by William Gbohoui and published by International Monetary Fund. This book was released on 2019-11-08 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper combines both micro and macro approaches to identify the drivers of (un)employment and inactivity in Luxembourg. The young, low-skilled, and non-EU migrants are found to be the most vulnerable groups in the labor market. In addition to skills mismatches, work disincentives embedded in the tax-benefit system constitute a factor explaining structural unemployment. High unemployment of young and low-skilled workers reflects substantial unemployment traps, while disincentives for second earners (respectively the generosity of the pension system) contribute to lower labor market participation of women (respectively seniors). Further reduction of structural unemployment requires better integration of vulnerable groups into the labor market and improved targeting of benefits to make work more rewarding.
Book Synopsis A European Unemployment Benefit Scheme by : Bertelsmann Stiftung
Download or read book A European Unemployment Benefit Scheme written by Bertelsmann Stiftung and published by Verlag Bertelsmann Stiftung. This book was released on 2014-03-01 with total page 144 pages. Available in PDF, EPUB and Kindle. Book excerpt: The recent euro crisis and the dramatic increase of unemployment in some euro countries have triggered a renewed interest in a fiscal capacity for the European Union to stabilize the economy of its member states. One of the proposed instruments is a common European unemployment insurance. In this book Sebastian Dullien from the HTW Berlin provides and evaluates a blueprint for such a scheme. Building on lessons from the unemployment insurance in the United States of America, he outlines how a European unemployment benefit scheme could be constructed to provide significant stabilization to national business cycles, yet without strongly extending social protection in Europe. Macroeconomic stabilization effects and payment flows between countries are simulated and options, potential pitfalls and existing concerns discussed.
Book Synopsis Structural Unemployment in Europe by : Karl-Heinz Paqué
Download or read book Structural Unemployment in Europe written by Karl-Heinz Paqué and published by . This book was released on 1996 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Emigration and Its Economic Impact on Eastern Europe by : Mr.Ruben Atoyan
Download or read book Emigration and Its Economic Impact on Eastern Europe written by Mr.Ruben Atoyan and published by International Monetary Fund. This book was released on 2016-07-20 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper analyses the impact of large and persistent emigration from Eastern European countries over the past 25 years on these countries’ growth and income convergence to advanced Europe. While emigration has likely benefited migrants themselves, the receiving countries and the EU as a whole, its impact on sending countries’ economies has been largely negative. The analysis suggests that labor outflows, particularly of skilled workers, lowered productivity growth, pushed up wages, and slowed growth and income convergence. At the same time, while remittance inflows supported financial deepening, consumption and investment in some countries, they also reduced incentives to work and led to exchange rate appreciations, eroding competiveness. The departure of the young also added to the fiscal pressures of already aging populations in Eastern Europe. The paper concludes with policy recommendations for sending countries to mitigate the negative impact of emigration on their economies, and the EU-wide initiatives that could support these efforts.
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 NBER Macroeconomics Annual 1986 by :
Download or read book NBER Macroeconomics Annual 1986 written by and published by . This book was released on 1986 with total page 409 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :Floro Ernesto Caroleo Publisher :Springer Science & Business Media ISBN 13 :9783790816792 Total Pages :360 pages Book Rating :4.8/5 (167 download)
Book Synopsis The European Labour Market by : Floro Ernesto Caroleo
Download or read book The European Labour Market written by Floro Ernesto Caroleo and published by Springer Science & Business Media. This book was released on 2006-03-14 with total page 360 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book brings together up-to-date findings on the regional dimensions of European labour markets. It provides a conceptual and empirical study of the interactions between the European economy and its regions, paying particular attention to the issue of the transition of Central and Eastern European countries to a market economy. The topics analysed include: the structure of the shocks affecting employment (regional, industrial, national), the relationships between labour market efficiency and the regional distribution of unemployment, wage flexibility in EU member countries or in their regions and the role of active labour market policies in affecting the regional distribution of employment and unemployment.
Book Synopsis Global Employment Trends by : Claire Harasty
Download or read book Global Employment Trends written by Claire Harasty and published by International Labour Organization. This book was released on 2003 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt: Incorporating the most recent data available for 2002, this report analyses current labour market trends and examines the impact of the global economic downturn and post 11 September developments upon different world regions. Covering Latin America and the Caribbean, East Asia, South East Asia, the Middle East and North Africa and sub-Saharan Africa, the transition economies and industrial countries, it focuses on the distinct labour market characteristics and challenges faced by each region and economic group. It also traces factors contributing to the global employment decline, such as the increase in informal sector employment, the decrease in employment in information and communication technology, as well as extensive jobs losses in the travel and tourism industries and the export and labour-intensive manufacturing sectors.
Book Synopsis Transitions from Education to Work in Europe by : Walter Müller
Download or read book Transitions from Education to Work in Europe written by Walter Müller and published by Oxford University Press, USA. This book was released on 2003-11-27 with total page 348 pages. Available in PDF, EPUB and Kindle. Book excerpt: This text provides a comparative analysis of school-to-work transitions in EU member states. It shows how differences in both European education and training systems, as well as labour market institutions, generated significant variation in the experiences of young people in the 1990s.
Book Synopsis Social Exclusion of Youth in Europe by : Marge Unt
Download or read book Social Exclusion of Youth in Europe written by Marge Unt and published by Policy Press. This book was released on 2023-01-03 with total page 408 pages. Available in PDF, EPUB and Kindle. Book excerpt: EPDF and EPUB available Open Access under CC-BY-NC-ND licence.Policymakers throughout Europe are enacting policies to support youth labour market integration. However, many young people continue to face unemployment, job insecurity, and the subsequent consequences.Adopting a mixed-method and multilevel perspective, this book provides a comprehensive investigation into the multifaceted consequences of social exclusion. Drawing on rich pan-European comparative and quantitative data, and interviews with young people from across Europe, this text gives a platform to the unheard voices of young people.Contributors derive crucial new policy recommendations and offer fresh insights into areas including youth well-being, health, poverty, leaving the parental home, and qualifying for social security.
Book Synopsis Labour Market Developments -- Rev by : Kevin B. Kerr
Download or read book Labour Market Developments -- Rev written by Kevin B. Kerr and published by . This book was released on 1999 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Labour, the most widely used and valued input in Canadian production, is exchanged in a market best described as being in a constant state of flux. Recent estimates suggest that approximately 2.5 million workers secure employment each year while a somewhat larger number become unemployed or leave the labour market. This document looks at labour market developments and examines the following points: labour supply growth and composition; labour demand; unemployment; quarterly review; and parliamentary action.
Book Synopsis The European Labor Market and Technology by : Artur Usanov
Download or read book The European Labor Market and Technology written by Artur Usanov and published by The Hague Centre for Strategic Studies. This book was released on 2014-07-09 with total page 65 pages. Available in PDF, EPUB and Kindle. Book excerpt: In recent years, rapid technological progress has led to a wholesale destruction of middle-level jobs and a substantial rise in income inequality. It could also bring an era of high structural unemployment. These impacts constitute a major challenge that cannot be ignored by policymakers. They affect the fundamentals of our labor market – and might severely shake the social structure and stability of our society. This new report examines the impacts of technology on the European labor market. The report documents that technological innovation brings not only immense benefits but also significant dislocations in the labor market by making many jobs redundant. HCSS calls upon policymakers to take the risks of job polarization, increased inequality and potentially high technological unemployment quite seriously and suggests some policy measures that could mitigate these risks.The study was conducted in the context of the TNO Strategy & Change program. To download the report, please click on the button on the right.
Book Synopsis Inflation and Activity – Two Explorations and their Monetary Policy Implications by : Mr.Olivier J. Blanchard
Download or read book Inflation and Activity – Two Explorations and their Monetary Policy Implications written by Mr.Olivier J. Blanchard and published by International Monetary Fund. This book was released on 2015-11-06 with total page 29 pages. Available in PDF, EPUB and Kindle. Book excerpt: We explore two issues triggered by the crisis. First, in most advanced countries, output remains far below the pre-recession trend, suggesting hysteresis. Second, while inflation has decreased, it has decreased less than anticipated, suggesting a breakdown of the relation between inflation and activity. To examine the first, we look at 122 recessions over the past 50 years in 23 countries. We find that a high proportion of them have been followed by lower output or even lower growth. To examine the second, we estimate a Phillips curve relation over the past 50 years for 20 countries. We find that the effect of unemployment on inflation, for given expected inflation, decreased until the early 1990s, but has remained roughly stable since then. We draw implications of our findings for monetary policy.
Book Synopsis Problems of the Modern Economy by : Edward C. Budd
Download or read book Problems of the Modern Economy written by Edward C. Budd and published by W. W. Norton. This book was released on 1966-10 with total page 484 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Economic Crisis in Europe by : Paul van den Noord
Download or read book Economic Crisis in Europe written by Paul van den Noord and published by . This book was released on 2011 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The European economy is emerging from its deepest recession since the 1930s. This volume, which brings together economic analysis from the European Commission services, explains how swift policy response avoided a financial meltdown. Europe also needs an improved co-ordinated crisis-management framework to help it respond to any similar situations that may arise in the future. Economic Crisis in Europe is a much-anticipated volume which shows that the beginnings of such a crisis-management framework are emerging, building on existing institutions and legislation and complemented by new initiatives.