Over the last three decades, the use of flexible forms of employment such as fixed-term and temporary agency work contracts has increased substantially throughout much of Europe. This development has been driven by government efforts to ease restrictions on temporary employment, whereas the regulation of permanent contracts has been left essentially unaltered.
Temporary employment: The trade-off between efficiency and equity
Elke Jahn, Regina T. Riphahn, Claus Schnabel, 10 October 2012
The case for temporary inflation in the Eurozone
Stephanie Schmitt-Grohe, Martín Uribe, 16 September 2012
Vox readers can download CEPR Discussion Paper 9133 for free here.
Games on Networks
Matthew O. Jackson, Yves Zenou, 9 September 2012
Vox readers can download CEPR Discussion Paper 9127 for free here.
The German labour market: Low worker flows and large volatilities
Hermann Gartner, Christian Merkl, Thomas Rothe, 8 August 2012
Business cycle fluctuations are associated with large ups and downs of the labour market (see Shimer 2005 for the US). The increased probability of losing a job and the reduced probability of finding a job in a recession may be considered as one of the major costs of an economic downturn.
How local are labour markets? A look at the London Olympics
Alan Manning, Barbara Petrongolo, 3 August 2012
How local are labour markets? A number of important questions in labour economics hinge on the answer.
US unemployment: Neither natural nor unnatural
Guillermo Calvo, Fabrizio Coricelli, Pablo Ottonello, 24 July 2012
The Great Recession in the US has been followed by high and persistent unemployment. Although output recovered its pre-crisis level, the unemployment rate is still above its pre-crisis level, a situation that is popularly called ‘jobless recovery’ (see Figure 1).
Figure 1. US jobless recovery
Going separate ways? Differences in school-to-work pathways between Europe and the US
Glenda Quintini, 15 May 2012
The recent global economic crisis has brought renewed attention to the difficulties faced by youth in the labour market, including high unemployment rates, the risk of long-lasting scars from poor employment outcomes right after leaving education and the resulting risk of social and economic exclusion (Annunziata 2012).
Identity and wellbeing: How retiring makes the unemployed happier
Clemens Hetschko, Andreas Knabe, Ronnie Schöb, 4 May 2012
Most people adapt surprisingly well to changes in their lives. Even after tragic events such as the death of a family member or a chronic disease, they restore their former wellbeing, if not always completely (Clark et al 2008). There is one event, though, for which this appears not to be true – unemployment.
Fiscal consolidation in reformed vs. unreformed labour markets
Alessandro Turrini, 25 April 2012
Most EU countries have embarked on a path of fiscal austerity to ensure orderly debt developments at a juncture where unemployment is high and private-sector demand still weak.
Unhappiness and job finding
Jan van Ours, Anne Gielen, 13 February 2012
Vox readers can download CEPR Discussion Paper 8842 for free here.
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