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The Global Economic Crisis: Long-Term Unemployment in the OECD
long-term unemployment global crisis labour market policies OECD
2012/10/22
This paper analyses the impact of the global economic crisis on unemployment and long term unemployment in the OECD. It uses simple econometric models using panel data (quarterly) and time series data...
The problem of long-term unemployment°(TM)jobless but seekin
work for 12 months or more°(TM)was persistent throughout the 1980s an
1990s in all 30 member countries of the Organisation for Economic
...
During the 1990-91 recession, the long-term jobless rate was much lower than that associated with the 1981-82 contraction. However, unemployment of more than 6 months has been very slow to recover fro...
Hiring and Firing Costs, Adverse Selection and Long-term Unemployment
Adverse selection turnover costs unemployment worker flows discrimination
2013/10/18
In this paper, we present a matching model with adverse selection that explains why flows into and out of unemployment are much lower in Europe compared to North America, while employment-to-employmen...