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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP1205 |
DP1205 A Framework for Analysing the Political Support for Active Labour Market Policy | |
Gilles Saint-Paul | |
发表日期 | 1995-06-30 |
出版年 | 1995 |
语种 | 英语 |
摘要 | This paper views movements in unemployment as the result of the interaction between: (a) lags in labour market decisions; and (b) labour market shocks with temporary and permanent components. Two features of unemployment dynamics are examined: (i) `unemployment persistence', arising when temporary shocks have persistent effects on unemployment; and (ii) `imperfect unemployment responsiveness', arising when the full effects of permanent shocks are delayed. An empirical model of aggregate labour maket activity in Germany, the United Kingdom, and the United States is constructed, and the sources of persistence and imperfect responsiveness are evaluated in this context. |
关键词 | Employment Labour force participation Labour market dynamics Unemployment Wage setting |
URL | https://cepr.org/publications/dp1205 |
来源智库 | Centre for Economic Policy Research (United Kingdom) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/530341 |
推荐引用方式 GB/T 7714 | Gilles Saint-Paul. DP1205 A Framework for Analysing the Political Support for Active Labour Market Policy. 1995. |
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