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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP2976 |
DP2976 The District and the Global Economy: Exporting versus Foreign Location | |
Giorgio Basevi; Gianmarco Ottaviano | |
发表日期 | 2001-09-29 |
出版年 | 2001 |
语种 | 英语 |
摘要 | This Paper explains the divergent behaviour of European and US unemployment rates using a job market-matching model of the labour market with an interaction between shocks and institutions. It shows that a reduction in TFP growth rates, an increase in real interest rates, and an increase in tax rates leads to a permanent increase in unemployment rates when the replacement rates or initial tax rates are high, while no increase in unemployment occurs when institutions are ?employment friendly.? The Paper also shows that an increase in turbulence, modelled as an increase probability of skill loss, is not a robust explanation for the European unemployment puzzle in the context of a matching model with both endogenous job creation and job destruction. |
主题 | International Macroeconomics ; Labour Economics |
关键词 | Job matching model Unemployment Unemployment benefits Turbulence Tfp slowdown |
URL | https://cepr.org/publications/dp2976 |
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/532008 |
推荐引用方式 GB/T 7714 | Giorgio Basevi,Gianmarco Ottaviano. DP2976 The District and the Global Economy: Exporting versus Foreign Location. 2001. |
条目包含的文件 | 条目无相关文件。 |
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