Links between labor supply and unemployment: theory and empirics

被引：0
作者：
Etienne Wasmer
机构：
[1] Sciences-Po Paris,
[2] OFCE,undefined
[3] IZA and CEPR,undefined
来源：
Journal of Population Economics | 2009年 / 22卷
关键词：
Unemployment; Labor market participation; Female participation; J1; J6; E24;
D O I：
暂无
中图分类号：
学科分类号：
摘要：
A flow model of labor market participation is used to describe how various exogenous variations jointly affect unemployment and participation and provides short-run identification restrictions of a structural VAR. In some countries, fast rising female participation may have had a moderate short- and medium-run impact on unemployment rates. A variance decomposition exercise indicates that, in Continental Europe, participation is driven in the short run by unemployment shocks, whereas in the USA, it is driven by participation shocks (demography, immigration). Unemployment in Europe is driven by participation shocks, whereas in the USA, it is driven by unemployment shocks.
引用
收藏
页码：773 / 802
页数：29
相关论文
共 37 条
  • [1] Acemoglu D(1999)Changes in unemployment and wage inequality: an alternative theory and some evidence Am Econ Rev 89 1259-1278
  • [2] Berger MC(1983)Changes in labor force composition and male earnings: a production approach J Hum Resour 18 177-196
  • [3] Blanchard OJ(2002)An empirical characterization of the dynamic effects of changes in government spending and taxes on output Q J Econ 117 1329-1368
  • [4] Perotti R(1989)The dynamic effects of aggregate demand and supply disturbances Am Econ Rev 79 655-673
  • [5] Blanchard OJ(2000)The role of shocks and institutions in the rise of european unemployment: the aggregate evidence Econ J 110 C1-C33
  • [6] Quah D(1999)Can the Mortensen–Pissarides matching model match the business-cycle facts? Int Econ Rev 40 933-959
  • [7] Blanchard OJ(1983)Are unemployment and out of the labor force behaviorally distinct labor force states? J Labor Econ 1 28-42
  • [8] Wolfers J(1999)Technology, employment and the business cycle: do technology shocks explain aggregate fluctuations? Am Econ Rev 89 249-271
  • [9] Cole HL(2005)Labor market flows and equilibrium search unemployment J Eur Econ Assoc 3 851-882
  • [10] Rogerson R(1982)Labor market competition among youths white women and others Rev Econ Stat 63 354-360
1234