Search results for "jel:J6"
showing 9 items of 19 documents
Regional labor markets in Finland: Adjustment to total versus region-specific shocks
2005
This article analyses regional labor market adjustment in the Finnish provinces during 1976-2000. We investigate the inter-relations of employment, unemployment, labor force participation, and migration to see how a change in region-specific and total labor demand is adjusted. The analysis reveals that region-specific labor demand shocks adjust mainly via participation, whereas total shocks are adjusted by unemployment. The region-specific component of labor demand shock has shorter-lived effects on unemployment and participation, but its effect on employment is permanent. Conversely, total shocks leave no permanent effect. Migration is more important in the region-specific case where, afte…
Unemployment Transitions to Stable and Unstable Jobs Before and During the Crisis
2014
Using administrative records data from Spanish Social Security, we analyse the pattern and the determinants of individual unemployment benefit spell durations. We compare a period of expansion (2005-2007) and the recent recession (2009-2011), allowing us to determine the impact of the current crisis. In line with the duality that characterizes the Spanish labour market, we distinguish between exits to a stable job and exits to an unstable job. We estimate a Multivariate Mixed Proportional Hazard Model for each time period. We find similar effects of the crisis for stable and unstable jobs, which are particularly strong in the first year of the spell. Moreover, slight negative duration depen…
Matching inefficiencies, regional disparities and unemployment
2009
. In this paper we apply a stochastic frontier approach to examine how matching inefficiencies and regional disparities in structural factors contribute to regional and aggregate unemployment. Our results suggest that there would be a substantial decline in aggregate unemployment if (i) all local labour offices operated with full efficiency or (ii) they shared the same structure of job seekers and vacant jobs as the most favourable office. In the former case an increase in hirings would lower the average unemployment rate by 2.4 percentage points. In the latter case the decrease would be 1.4 percentage points. Further, we find that fixed effects are positively correlated with both a more f…
Testing for hysteresis in unemployment in OECD countries. New evidence using stationarity panel tests with breaks†
2006
This paper tests hysteresis effects in unemployment using panel data for 19 Organization for Economic Co-operation and Development (OECD) countries covering the period 1956–2001. The tests exploit the cross-sectional variations of the series, and additionally, allow for a different number of endogenous breakpoints in the unemployment series. The critical values are simulated based on our specific panel sizes and time periods. The findings stress the importance of accounting for exogenous shocks in the series and support the natural-rate hypothesis of unemployment for the majority of the countries analysed.
Gender differences in exit rates from unemployment: evidence from
2000
Exit rates from unemployment are analysed by distinguishing two destinations: employment and non-participation. Unlike most of the earlier empirical Finnish studies of transitions from unemployment, we allow for different behaviour of males and females. A database constructed from three register data files of the Employment Service of Vasa in 1996 is used. Results of the estimated duration models suggest that gender differences are foremost due to the closer attachment of men to the labour market, the family responsibilities affecting women, and the traditional gender structure of the Finnish labour market. Our results show that drawing conclusions when gender differences are not considered…
REFLEXIONS ON THE ROMANIAN HIGHER EDUCATION AND GRADUATE EMPLOYMENT
2012
The objective of the paper is to provide an insight on the Romanian higher education and to analyse the graduate employment in Romania during the 2006-2010 period. The conclusions reveal that the Romanian graduate employment registered a continuous decrease in its figures during the whole analysed period.
The workers' value of the remaining employment contract duration
2005
We introduce and apply a method for estimating workers' marginal willingness to pay for job attributes employing data on job search activity. Worker's willingness to pay for the remaining duration of the employment contract is derived. We provide evidence that workers attach substantial value to the remaining contract duration. A temporary worker with a remaining contract of six months is willing to pay about 10% of the monthly wage to increase the contract by one month.This discussion paper has resulted in a publication in Economica, 2008, 75(297), 116-39.
Gestión empresarial y dinámica laboral en España
2015
El objetivo del presente artículo es plantear una serie de reflexiones sobre la dinámica labo- ral reciente en la economía española bajo el enfoque analítico de la segmentación laboral. Desde esta perspectiva, la situación y problemas del mercado laboral se explican por un conjunto de factores relacionados con las prácticas de gestión empresarial y no tanto por la regulación que limita la competencia en el mercado o las modalidades contractuales. Nues- tra conclusión es que es necesario superar el marco analítico restringido del enfoque econó- mico convencional e introducir otras dimensiones, que van más allá del mercado, para una mejor compresión de los problemas laborales. En este sentido…
THE IMPACT OF THE ECONOMIC CRISIS ON THE ROMANIAN LABOR MARKET - A REGIONAL ANALYSIS
2012
The global financial recession reconfigured the economical structures of many countries and in this context the labor markets all around the world faced major salary cuts and job losses. The Romanian economy wasn`t an exception, and for a better understanding of its labor structures we have analyzed the interactions between some of the most representative and measurable indicators using a regional econometric model. The results show that the dynamics of the labor market changed once the economic crisis was installed and are still continuing to modify since the magnitude of this global phenomena was very powerful.