High and persistent unemployment: assessment of the problem and its causes
Saved in:
| Main Author: | |
|---|---|
| Format: | Book |
| Language: | English |
| Published: |
Paris
1993
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| Series: | Organisation for Economic Co-operation and Development / Economics Department: Working papers
132 |
| Subjects: | |
| Online Access: | Inhaltsverzeichnis |
| Physical Description: | 121 S. graph. Darst. |
Staff View
MARC
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Record in the Search Index
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| adam_text | Contents
The Structure of the Paper 5
1. Introduction 5
2. Characteristics of unemployment 6
2.1 Measurement issues 6
2.2 The structure of unemployment 7
2.3 The dynamics of unemployment (cycle versus trend) 9
3. Causes of the trend rise in unemployment 11
3.1 A conceptual framework 11
3.2 Higher equilibrium unemployment or slow labour market adjustment 12
3.2.1 Wage shares 12
3.2.2 Wage formation 13
3.3 Possible causes of unemployment outside the area of structural policy 14
3.3.1 Demographic changes 14
3.3.2 Frictional unemployment and mobility 15
3.3.3 Mismatch 17
3.3.4 Trade and product market competition 17
3.3.5 Relative wage adjustment 19
3.3.6 Aggregate wage adjustment 20
3.3.6.1 Social attitudes, union militancy and public sector wage setting 20
3.3.6.2 Slow real wage adjustment 20
3.3.7 Slow employment adjustment 22
3.3.8 Technical progress 22
3.3.9 Budget deficits and high real interest rates 23
3.4 Structural policy and unemployment 24
3.4.1 Unemployment benefit systems and other social transfers 24
3.4.2 Employment protection legislation (EPL) 25
3.4.3 Minimum wage legislation 26
3.4.4 Taxation 27
3.4.5 Manpower policies 28
Summary 28
Technical Annex 94
References 114
3
Contents continued
Figures
1. Unemployment and participation rates
2. Indicators of the trend OECD unemployment rate
3. Actual and trend unemployment
4. Cyclicality and trend rise of unemployment
5. Wage shares in the business sector
6. Real wage and marginal product of labour
7. Impact of demography on the unemployment rate
8. Unemployment rates for certain cohorts relative to
total unemployment rate
9. Indicators of sectoral and regional employment change
and turbulence
10. Seasonal variations of unemployment rates
11. Short run real wage rigidity and unemployment increase
12. Real wage rigidity and centralisation of wage bargaining
13. Generosity of unemployment benefit systems and the
unemployment rate
14. Average levels of severance payments and of notice
periods 1956 84
15. Trends in unemployment rates and annual working hours
across countries
16. Relative minimum wage and the relation between youth
and prime age unemployment rates
Tables
1. Unemployment rates
2. Age and gender structure of unemployment
3. Unemployment rates by level of educational attainment
4. Regional unemployment rates
5. Summary measures of regional unemployment dispersion
6. Inflow to and average duration of unemployment
7. The cyclicality of unemployment
8. Time series properties of unemployment
9. Testing for the influence of employment on wage formation
10. Impact of job change on unemployment
11. Decomposition of employment growth
12. Indicators of wage dispersion
13. Number of beneficiaries of selected early retirement
pensions, 1980 1990
14. Effective tax rates
15. Labour market policies
Technical Annex Tables
Al. Cohort effects using lagged cohort unemployment
A2. Cohort effects using lagged aggregate unemployment
A3. Impact of friction on unemployment
A4. Causality between public and private sector wages
A5. Granger causality between public and private sector wages
A6. Employment adjustment
Figures
A1. Okun curves and alternative measures of capacity utilisation
A2. Actual and trend unemployment
4
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| indexdate | 2024-07-09T17:17:03Z |
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| language | English |
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| series2 | Organisation for Economic Co-operation and Development / Economics Department: Working papers |
| spelling | Elmeskov, Jørgen Verfasser aut High and persistent unemployment assessment of the problem and its causes by Jørgen Elmeskov Paris 1993 121 S. graph. Darst. txt rdacontent n rdamedia nc rdacarrier Organisation for Economic Co-operation and Development / Economics Department: Working papers 132 Werkloosheid gtt Arbeitslosigkeit (DE-588)4002730-2 gnd rswk-swf Internationaler Vergleich (DE-588)4120509-1 gnd rswk-swf Arbeitslosigkeit (DE-588)4002730-2 s Internationaler Vergleich (DE-588)4120509-1 s DE-604 Economics Department: Working papers Organisation for Economic Co-operation and Development 132 (DE-604)BV008310407 132 HBZ Datenaustausch application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=005445639&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis |
| spellingShingle | Elmeskov, Jørgen High and persistent unemployment assessment of the problem and its causes Werkloosheid gtt Arbeitslosigkeit (DE-588)4002730-2 gnd Internationaler Vergleich (DE-588)4120509-1 gnd |
| subject_GND | (DE-588)4002730-2 (DE-588)4120509-1 |
| title | High and persistent unemployment assessment of the problem and its causes |
| title_auth | High and persistent unemployment assessment of the problem and its causes |
| title_exact_search | High and persistent unemployment assessment of the problem and its causes |
| title_full | High and persistent unemployment assessment of the problem and its causes by Jørgen Elmeskov |
| title_fullStr | High and persistent unemployment assessment of the problem and its causes by Jørgen Elmeskov |
| title_full_unstemmed | High and persistent unemployment assessment of the problem and its causes by Jørgen Elmeskov |
| title_short | High and persistent unemployment |
| title_sort | high and persistent unemployment assessment of the problem and its causes |
| title_sub | assessment of the problem and its causes |
| topic | Werkloosheid gtt Arbeitslosigkeit (DE-588)4002730-2 gnd Internationaler Vergleich (DE-588)4120509-1 gnd |
| topic_facet | Werkloosheid Arbeitslosigkeit Internationaler Vergleich |
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| volume_link | (DE-604)BV008310407 |
| work_keys_str_mv | AT elmeskovjørgen highandpersistentunemploymentassessmentoftheproblemanditscauses |