The Rise In Long Term Unemployment
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What Is Behind The Rise In Long Term Unemployment
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Author : Daniel Aaronson
language : en
Publisher:
Release Date : 2010-11
What Is Behind The Rise In Long Term Unemployment written by Daniel Aaronson and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-11 with categories.
As we entered 2010, the average length of an ongoing spell of unemployment in the U.S. was more than 30 weeks ¿ the longest recorded in the post-WW2 era. Remarkably, more than 4% of the labor force were out of work for more than 26 weeks. In contrast, the last time unemployment reached 10% in the U.S., in the early 1980s, the share of the labor force that was long-term unemployed peaked at 2.6%. This article analyzes what is behind the recent unprecedented rise in long-term unemployment and explains what this rise might imply for the economy going forward. The authors attribute the sharp increase in unemployment duration in 2009 to esp. weak labor demand and, to a lesser degree, extensions in unemployment insur. benefits.
The Rise In Long Term Unemployment
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Author : Andreas Hornstein
language : en
Publisher:
Release Date : 2016
The Rise In Long Term Unemployment written by Andreas Hornstein and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016 with categories.
Long-term unemployment rose dramatically during the recent recession and remains elevated. In this essay, Andreas Hornstein and Thomas A. Lubik analyze the potential causes of this increase and explore various explanations of “duration dependence,” the fact that the likelihood of finding a job decreases the longer a worker is unemployed. The authors find that more workers with inherently low job finding rates have become unemployed, which suggests that monetary policy may have a limited effect on reducing the incidence of long-term unemployment. The authors also discuss what lessons might be drawn from policy responses to long-term unemployment in Europe.
Long Term Unemployment
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Author : Kenneth Walsh
language : en
Publisher: Springer
Release Date : 1987-06-18
Long Term Unemployment written by Kenneth Walsh and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 1987-06-18 with Business & Economics categories.
Long Term Unemployment
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Author : Odile Benoît-Guilbot
language : en
Publisher: Burns & Oates
Release Date : 1994
Long Term Unemployment written by Odile Benoît-Guilbot and has been published by Burns & Oates this book supported file pdf, txt, epub, kindle and other format this book has been release on 1994 with Business & Economics categories.
Analyses the causes and consequences of long-term unemployment from the standpoint of the social and societal conditions in each country.
Long Term Unemployment
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Author : Robert Tyrrell
language : en
Publisher:
Release Date : 1982
Long Term Unemployment written by Robert Tyrrell and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1982 with Hard-core unemployed categories.
Addressing Long Term Unemployment A Briefing Paper
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Author :
language : en
Publisher: Combat Poverty Agency
Release Date :
Addressing Long Term Unemployment A Briefing Paper written by and has been published by Combat Poverty Agency this book supported file pdf, txt, epub, kindle and other format this book has been release on with categories.
Structural Unemployment
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Author : Wolfgang Franz
language : en
Publisher: Springer Science & Business Media
Release Date : 2012-12-06
Structural Unemployment written by Wolfgang Franz and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-12-06 with Political Science categories.
High and persistent unemployment rates in Europe during the eighties gave rise to a lively discussion about the nature and causes of joblessness. Among other sources structural unemployment was blamed for the lack of response of unemployment to increasing aggregate demand. Renewed attention was thus devoted to an analysis of the magnitude and the development of structural unemployment as well to its possi ble determinants. In this literature, the Beveridge curve experienced a resurrection and, at first glance, it seemed to be an appropriate tool to analyse the aforementioned issues. However, it was soon recognized that the Beveridge curve, i. e. the relation between unemployment and vacancies, was anything but stable, thus requiring a care ful distinction between dynamic loops around a (stable?) long-run Beveridge curve and possible shifts due to, say, an increasing mismatch between labor supplied and demanded. The controversy is far from being settled at the time of this writing. This book contains a collection of hitherto unpublished papers which are devoted to a theoretical and econometric analysis of structural unemployment. The papers put considerable emphasis on the question to what extent the Beveridge curve can serve as an adequate tool for such studies. The countries under consideration are Germany and Austria. In what follows a very brief summary of each paper will be outlined. Franz and Siebeck present, at some length, a theoretical and econometric analysis of the Beveridge curve in Germany.
Economics Of The Labour Market
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Author : P. N. (Raja) Junankar
language : en
Publisher: Springer
Release Date : 2016-01-12
Economics Of The Labour Market written by P. N. (Raja) Junankar and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-01-12 with Business & Economics categories.
The global crisis has led to dramatic increases in unemployment rates over most of the countries of the OECD. This book provides alternative explanations of this phenomenon. Junankar begins with surveys of the labour market: labour demand, labour supply, and labour force participation. He argues that the growth of unemployment and long-term unemployment is mainly due to a lack of aggregated demand and not due to high unemployment benefits. Economics of the Labour Market shows that unemployment and long-term unemployment impose serious and significant costs on individuals, families, and society in general. Raja Junankar focuses on vital social issues arising from the malfunctioning of economies and this collection of essays tackles the real cost of unemployment.
Very Long Term Unemployment
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Author : P. N. Junankar
language : en
Publisher: Brussels : Commission of the European Communities
Release Date : 1988
Very Long Term Unemployment written by P. N. Junankar and has been published by Brussels : Commission of the European Communities this book supported file pdf, txt, epub, kindle and other format this book has been release on 1988 with Business & Economics categories.
Employment Without Inflation
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Author : Benjamin Higgins
language : en
Publisher: Routledge
Release Date : 2018-01-16
Employment Without Inflation written by Benjamin Higgins and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-01-16 with Business & Economics categories.
The world economy has undergone a fundamental transformation in recent decades and theoretical structures inherited from the 1930s through the 1950s, while retaining large elements of truth, are inadequate to deal with current problems. Benjamin Higgins feels that for a society such as the United States a fiscal policy needs to be adopted that can deal simultaneously with existing unemployment and inflation. He suggests three possible governmental policies: stimulating a high rate of long-run growth, by use of reward innovations and by maintaining the highest possible level of scientific and technical activity; isolating regions that are generators of inflation and others that are pools for unemployment; and establishing a system of direct controls similar to those used in wartime. Higgins describes the transformation of the cogent prewar business cycle, with its alternations of inflation or unemployment, then a transitional period of underemployment equilibrium and secular stagnation, and finally, the strange new world of today, one with economic fluctuations in the form of shifting trade-off curves and loops. He then applies his new paradigm to current problems, showing why they cannot be managed through macroeconomic monetary and fiscal policy. Higgins offers case studies of efforts to fight inflation and unemployment, and to reduce regional gaps, to show their strengths and weaknesses. It can be said that unemployment always results from too many people chasing too few jobs, and inflation is always caused by too much money chasing too few goods and services. Beyond such banal generalizations, Higgins maintains there is no single cause for either unemployment or inflation, and thus no single cure can be prescribed for either, let alone for both at once. Nor is it to be expected that the appropriate cure will prove to be the same in all countries at all times. He suggests that an optimal blend of monetary and fiscal policy that will produce the "minimum discomfort" is a good start. Employment Without Inflation will be of direct policy interest to economists, sociologists, and national planners.