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Author: Simon M. Burgess Publisher: Centre for Economic Policy Research ISBN: 1898128898 Category : Manpower policy Languages : en Pages : 63
Book Description
Examines the main factors influencing unemployment at both an aggregate level and at an individual level and assesses the role of policies to bring unemployment down.
Author: Simon M. Burgess Publisher: Centre for Economic Policy Research ISBN: 1898128898 Category : Manpower policy Languages : en Pages : 63
Book Description
Examines the main factors influencing unemployment at both an aggregate level and at an individual level and assesses the role of policies to bring unemployment down.
Author: Horst Entorf Publisher: Springer Science & Business Media ISBN: 3642589197 Category : Business & Economics Languages : en Pages : 214
Book Description
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.
Author: Mr.Dennis J. Snower Publisher: International Monetary Fund ISBN: 9781557755780 Category : Business & Economics Languages : en Pages : 228
Book Description
This book, edited by S.G.B. Henry and Dennis J. Snower, examines the high unemployment that has plagued five European countries- France, Germany, Italy, Spain, and the United Kingdom- for more than a decade. Its methodology focuses on the mechanisms that prevent employers and employees from adjusting promptly to changing market opportunities. Chief among these mechanisms are outdated economic structures, the power of labor unions, rising nonwage labor costs, and the disparity between unemployed workers and available jobs. Although cross-country differences indicate that there is no common cause for joblessness in Europe, the book discusses a unique characteristic of the European labor market- that unemployment not only rises during recessions, but does not fall when economic weaknesses are overcome.
Author: Angana Banerji Publisher: International Monetary Fund ISBN: 1498382517 Category : Business & Economics Languages : en Pages : 38
Book Description
The crisis has intensified what was previously a chronic unemployment problem in Europe; youth unemployment is now at unprecedented highs in some European countries. This paper assesses the main drivers of youth unemployment in Europe. It finds that much of the increase in youth unemployment rates during the crisis can be explained by output dynamics and the greater sensitivity of youth unemployment to economic activity than adult unemployment. Labor market institutions also play a significant role in explaining the persistently high levels of youth unemployment, especially the tax wedge, minimum wages relative to the median wage, spending on active labor market policies, the opportunity cost of working (measured by the unemployment benefits), vocational training, and labor market duality. This suggests that policies to address youth unemployment should be comprehensive and country-specific, focused on reviving growth and advancing labor market reforms.
Author: Torild Hammer Publisher: Policy Press ISBN: 186134368X Category : Business & Economics Languages : en Pages : 240
Book Description
This important new book presents the findings of the first comparative study of unemployed youth in Europe using a large and original data set. It addresses some of the key questions around the issue including: How do young people cope with unemployment? Does unemployment lead to social exclusion of young people, implying a withdrawal from society, financial deprivation and social isolation? Drawing on a research sample of over 17000 young unemployed people in ten European countries, the book examines how different welfare strategies and labour market policies in different countries influence the risk of social exclusion among unemployed youth.
Author: Engelbert Stockhammer Publisher: Edward Elgar Publishing ISBN: Category : Biography & Autobiography Languages : en Pages : 240
Book Description
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.
Author: Bertelsmann Stiftung Publisher: Verlag Bertelsmann Stiftung ISBN: 3867936005 Category : Business & Economics Languages : en Pages : 144
Book Description
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.
Author: Mr.Shekhar Aiyar Publisher: International Monetary Fund ISBN: 1498352308 Category : Social Science Languages : en Pages : 50
Book Description
Against the background of political turmoil in the Middle-East, Europe faces an unprecedented surge in asylum applications. In analyzing the economic impact of this inflow, this paper draws from the experience of previous economic migrants and refugees, mindful of the fact that the characteristics of economic migrants can be different from refugees. In the short-run, additional public expenditure will provide a small positive impact on GDP, concentrated in the main destination countries of Germany, Sweden and Austria. Over the longer-term, depending on the speed and success of the integration of refugees in the labor market, the increase in the labor force can have a more lasting impact on growth and the public finances. Here good policies will make an important difference. These include lowering barriers to labor markets for refugees, for example through wage subsidies to employers, and, in particular, reducing legal barriers to labor market participation during asylum process, removing obstacles to entrepreneurship/self-employment, providing job training and job search assistance, as well as language skills. While native workers often have legitimate concerns about the impact of immigrants on wages and employment, past experience indicates that any adverse effects are limited and temporary.
Author: Duncan Gallie Publisher: OUP Oxford ISBN: 0191584762 Category : Political Science Languages : en Pages : 438
Book Description
The book is the first major study to examine the implications of differences in welfare regimes for the experience of unemployment in Europe. It is concerned with three central questions about the way such regimes affect the experience of unemployment. The first is how far they protect the quality of life of unemployed people with respect to living standards and the experience of financial hardship. The second is their role in mediating the impact of unemployment on the individual's longer-term position in the labour market, addressing the issue of how far they help to prevent progressive marginalization from the employment structure as a result of motivational change, skill loss or the growth of discriminatory barriers. The third is how far such regimes mediate the impact of unemployment on social integration in the community, for instance with respect to the maintenance (or rupture) of social networks and the degree of psychological distress experienced by the unemployed. The book is the product of a major cross-cultural research programme, funded by the European Union (TSER), bringing together teams from eight countries. The emphasis has been on rigorous comparison rather than the all-too-frequent separate country analyses, which usually provide data which differs in format from one country to another. In addition to a systematic comparison of national data sources, it has been able to make use of a new important data source (the European Community Household Panel) produced by Eurostat which provides directly comparable information for all EU countries. The study shows that institutional and cultural differences have vital implications for the experience of unemployment. While welfare policies affect in an important way the pervasiveness of poverty, it is above all the patterns of family structure and the culture of sociability in a society that affect vulnerability to social isolation. The book concludes by developing a new perspective for understanding the risk of social exclusion.