Unemployment Persistence and Mismatch

Unemployment Persistence and Mismatch PDF Author: Raquel Fonseca
Publisher: Presses univ. de Louvain
ISBN: 9782930344089
Category : Business & Economics
Languages : en
Pages : 208

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Book Description
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.

Unemployment Persistence and Mismatch

Unemployment Persistence and Mismatch PDF Author: Raquel Fonseca
Publisher: Presses univ. de Louvain
ISBN: 9782930344089
Category : Business & Economics
Languages : en
Pages : 208

Get Book

Book Description
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.

Mismatch Unemployment

Mismatch Unemployment PDF Author: Aysegul Sahin
Publisher:
ISBN: 9781457838200
Category : Economics
Languages : en
Pages : 79

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Book Description
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.

Mismatch and Labour Mobility

Mismatch and Labour Mobility PDF Author: Fiorella Padoa Schioppa
Publisher: Cambridge University Press
ISBN: 9780521402439
Category : Business & Economics
Languages : en
Pages : 524

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Book Description
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.

Women on Probation and Parole

Women on Probation and Parole PDF Author: Merry Morash
Publisher: UPNE
ISBN: 1555537235
Category : Psychology
Languages : en
Pages : 194

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Book Description
The first in-depth comparative look at gender-responsive versus traditional probation and parole for women

Skills and Jobs Mismatches in Low- and Middle-income Countries

Skills and Jobs Mismatches in Low- and Middle-income Countries PDF Author: Paul Comyn
Publisher:
ISBN: 9789221315612
Category : Developing countries
Languages : en
Pages : 193

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Book Description


Mismatch Explanations of European Unemployment

Mismatch Explanations of European Unemployment PDF Author: Horst Entorf
Publisher: Springer Science & Business Media
ISBN: 3642589197
Category : Business & Economics
Languages : en
Pages : 214

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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.

Unemployment in Greece

Unemployment in Greece PDF Author: Dimitri G. Demekas
Publisher:
ISBN:
Category : Greece
Languages : en
Pages : 92

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Book Description


Political Revolt and Youth Unemployment in Tunisia

Political Revolt and Youth Unemployment in Tunisia PDF Author: Isabel Schaefer
Publisher: Springer
ISBN: 3319650858
Category : Political Science
Languages : en
Pages : 109

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Book Description
This book discusses youth unemployment in post-revolutionary Tunisia, paying particular attention to the so-called skill mismatch. Youth unemployment was one of the major factors triggering the Tunisian revolution, and continues to be a central socio-economic challenge. The Tunisian labour market is marked by a strong increase of higher education graduates while the economic system is dominated by sectors mainly employing a less qualified labour force. This study investigates current labour market trends, and provides insights into the underlying causes of persisting high youth unemployment. The author argues that economic crisis, difficult political conditions since 2011, and inefficient labour market policies did not foster sufficient job creation, and that special attention needs to be paid to the educational causes of the skill mismatch in youth employment in future sustainable development models.

The Overeducated American

The Overeducated American PDF Author: Richard Barry Freeman
Publisher: New York : Academic Press
ISBN:
Category : Education
Languages : en
Pages : 240

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Book Description
Analyzes the 1970s downturn in the labor market for college-educated manpower, considers consequences for educational institutions, and explores policies for alleviating the situation. Bibliogs.

Labor, Credit, and Goods Markets

Labor, Credit, and Goods Markets PDF Author: Nicolas Petrosky-Nadeau
Publisher: MIT Press
ISBN: 0262036452
Category : Business & Economics
Languages : en
Pages : 271

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Book Description
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.