The Effect of Shocks to Labour Market Flows on Unemployment and Participation Rates

The Effect of Shocks to Labour Market Flows on Unemployment and Participation Rates PDF Author: Robert Dixon
Publisher:
ISBN:
Category : Labor economics
Languages : en
Pages : 0

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Book Description
This paper presents an analysis of labour market dynamics, in particular of flows in the labour market and how they interact and affect the evolution of unemployment rates and participation rates, the two main indicators of labour market performance. Our analysis has two special features. First, apart from the two labour market states - employment and unemployment - we consider a third state - out of the labour force. Second, we study net rather than gross flows, where net refers to the balance of flows between any two labour market states. Distinguishing a third state is important because the labour market flows to and from that state are quantitatively important. Focussing on net flows simplifies the complexity of interactions between the flows and allows us to perform a dynamic analysis in a structural vector-autoregression framework. We find that a shock to the net flow from unemployment to employment drive the unemployment rate and the participation rate in opposite directions while a shock to the net flow from not in the labour force to unemployment drives the rates in the same direction.

The Effect of Shocks to Labour Market Flows on Unemployment and Participation Rates

The Effect of Shocks to Labour Market Flows on Unemployment and Participation Rates PDF Author: Robert Dixon
Publisher:
ISBN:
Category : Labor economics
Languages : en
Pages : 0

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Book Description
This paper presents an analysis of labour market dynamics, in particular of flows in the labour market and how they interact and affect the evolution of unemployment rates and participation rates, the two main indicators of labour market performance. Our analysis has two special features. First, apart from the two labour market states - employment and unemployment - we consider a third state - out of the labour force. Second, we study net rather than gross flows, where net refers to the balance of flows between any two labour market states. Distinguishing a third state is important because the labour market flows to and from that state are quantitatively important. Focussing on net flows simplifies the complexity of interactions between the flows and allows us to perform a dynamic analysis in a structural vector-autoregression framework. We find that a shock to the net flow from unemployment to employment drive the unemployment rate and the participation rate in opposite directions while a shock to the net flow from not in the labour force to unemployment drives the rates in the same direction.

The Flow Analysis of Labour Markets

The Flow Analysis of Labour Markets PDF Author: Ronald Schettkat
Publisher: Routledge
ISBN: 1134779429
Category : Business & Economics
Languages : en
Pages : 311

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Book Description
Well-functioning labour markets are a precondition for economic development. Here leading researchers present an overview of labour market workings providing new theoretical and empirical insights.

Identifying Labour Market Dynamics Using Labour Force Survey Data

Identifying Labour Market Dynamics Using Labour Force Survey Data PDF Author: Concha Artola
Publisher:
ISBN:
Category : Labor market
Languages : en
Pages : 56

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Labour Market Flows

Labour Market Flows PDF Author: Idriss Fontaine
Publisher:
ISBN:
Category :
Languages : en
Pages :

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Book Description
For the period between 2003 and 2018, we document a number of facts about worker gross flows in France, the United Kingdom, Spain and the United States, focussing on the role of the public sector. Using the French, Spanish and UK Labour Force Survey and the US Current Population Survey data, we examine the size and cyclicality of the flows and transition probabilities between private and public employment, unemployment and inactivity. We examine the stocks and flows by gender, age and education. We decompose contributions of private and public job-finding and job-separation rates to fluctuations in the unemployment rate. Public-sector employment contributes 20 percent to fluctuations in the unemployment rate in the UK, 15 percent in France and 10 percent in Spain and the US. Private-sector workers would forgo 0.5 to 2.9 percent of their wage to have the same job security as public-sector workers.

Gross Labor Market Flows in Europe

Gross Labor Market Flows in Europe PDF Author: Michael C. Burda
Publisher:
ISBN:
Category : Business cycles
Languages : en
Pages : 54

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Labour Market Flows

Labour Market Flows PDF Author: Simon M. Burgess
Publisher:
ISBN:
Category : Labor market
Languages : en
Pages : 0

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Labour Reallocation, Labour Flows and Labour Market Institutions

Labour Reallocation, Labour Flows and Labour Market Institutions PDF Author: Carlos GarcĂ­a Serrano
Publisher:
ISBN:
Category : Labor market
Languages : en
Pages : 46

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Labour Market Flows and Unemployment

Labour Market Flows and Unemployment PDF Author: B. McCormick
Publisher:
ISBN:
Category : Economics
Languages : en
Pages :

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Labour Market Flows

Labour Market Flows PDF Author: Simon M. Burgess
Publisher:
ISBN:
Category : Labor market
Languages : en
Pages : 496

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Key Indicators of the Labour Market

Key Indicators of the Labour Market PDF Author: International Labour Office
Publisher: International Labour Organization
ISBN: 9789221133810
Category : Business & Economics
Languages : en
Pages : 884

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Book Description
This valuable, wide-ranging reference tool meets the ever-increasing demand for timely, accurate and accessible information on the rapidly changing world of work. Now in its third edition, Key Indicators of the Labour Market (KILM) provides the general reader, as well as the expert, with concise explanations and analysis of the data on the world's labour markets. Harvesting vast information from international data repositories, and regional and national statistical sources, this important reference work offers data for over 200 countries for the years 1980, 1990, 1995 and the latest available subsequent five years. The volume employs an expanded, up-to-date range of 20 key labour market indicators allowing researchers to compare and contrast between economies and within regions across time. Using statistical data on the labour force, employment, unemployment, underemployment, educational attainment of the workforce, wages and compensation, productivity and labour costs, labour market flows, and poverty and income distribution as market indicators, it enables users to access the most current information available. Maps and graphics are used throughout to highlight key points. The third edition of the KILM includes interactive software which duplicates the printed book but allows for data updates every six months.