Structural Unemployment (eBook, PDF)

Redaktion: Franz, Wolfgang

• Format: PDF

Produktbeschreibung

High and persistent unemployment rates in Europe during the eighties gave rise to a lively discussion about the nature and causes of joblessness. Among other sources structural unemployment was blamed for the lack of response of unemployment to increasing aggregate demand. Renewed attention was thus devoted to an analysis of the magnitude and the development of structural unemployment as well to its possi ble determinants. In this literature, the Beveridge curve experienced a resurrection and, at first glance, it seemed to be an appropriate tool to analyse the aforementioned issues. However, it was soon recognized that the Beveridge curve, i. e. the relation between unemployment and vacancies, was anything but stable, thus requiring a care ful distinction between dynamic loops around a (stable?) long-run Beveridge curve and possible shifts due to, say, an increasing mismatch between labor supplied and demanded. The controversy is far from being settled at the time of this writing. This book contains a collection of hitherto unpublished papers which are devoted to a theoretical and econometric analysis of structural unemployment. The papers put considerable emphasis on the question to what extent the Beveridge curve can serve as an adequate tool for such studies. The countries under consideration are Germany and Austria. In what follows a very brief summary of each paper will be outlined. Franz and Siebeck present, at some length, a theoretical and econometric analysis of the Beveridge curve in Germany.

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Produktdetails

• Verlag: Physica-Verlag HD
• Seitenzahl: 132
• Erscheinungstermin: 6. Dezember 2012
• Englisch
• ISBN-13: 9783642581632
• Artikelnr.: 53148471

Inhaltsangabe

A Theoretical and Econometric Analysis of Structural Unemployment in Germany: Reflections on the Beveridge Curve.- 1 Introduction.- 2 Theoretical Analysis.- 3 Empirical Analysis.- 4 Conclusions.- On the Identifiability of the Relation Between the Rate of Unemployment and the Vacancy Rate.- 1 Introduction.- 2 A Model of Structural Unemployment.- 3 Panel Data for the Federal Republic of Germany, 1963 to 1986.- 4 The Role of Structural and Cyclical Variables in Explaining the Shifts of the Beveridge Curve.- 5 Causal Relations Between the Shifts of the Beveridge Curve and Cyclical Variables.- 6 Summary and Conclusions.- Developments and Causes of Mismatch Unemployment in West Germany.- 1 Introduction.- 2 Matching through Labor Offices.- 3 Beveridge-Curve and Matching Function.- 4 Analysis of the Duration of Vacancies.- 5 Analysis of the Duration of Unemployment.- 6 The Results in Context.- 7 Political Labor Market Recommendations.- Structural Unemployment in Austria.- 1 Introduction.- 2 U/V Curve and Matching Function.- 3 Empirical Estimates of the Austrian Beveridge Curve.- 4 Why has the Austrian U/V Curve Shifted Outwards?.- 5 Conclusions.