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Displaying results 1 to 5 of 5.

  1. Lucky women in unlucky cohorts
    gender differences in the effects of initial labor market conditions in Latin America
    Published: [2022]
    Publisher:  CEDLAS, Universidad Nacional de la Plata, [La Plata, Argentina]

    This paper assesses gender differences in the effects of adverse conditions at labor-market entry in a developing region. Using harmonized microdata from national household surveys for 15 Latin American countries, we build a synthetic panel of... more

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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    DS 165
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    This paper assesses gender differences in the effects of adverse conditions at labor-market entry in a developing region. Using harmonized microdata from national household surveys for 15 Latin American countries, we build a synthetic panel of cohorts that potentially transition from school to work and observe their labor market outcomes 10 years later. We find that men who faced higher unemployment rates at ages 18-20 suffer a negative effect on employment at ages 27-30. In contrast, women from those same unlucky cohorts have higher employment rates and earnings. Our results are consistent with women acting as secondary workers in downturns. We also find that women from unlucky cohorts control a larger share of family income and are more likely to be the head of household 10 years after labor market entry, and that adverse initial labor market conditions are correlated to more egalitarian perceptions about gender roles later in life.

     

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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/274106
    Series: Documento de trabajo / CEDLAS ; nro. 294 (febrero, 2022)
    Subjects: crises; unemployment; scarring effects; gender; secondary worker; Latin America
    Scope: 1 Online-Ressource (circa 25 Seiten), Illustrationen
  2. Off to a bad start
    youth nonemployment and labor market outcomes later in life
    Published: June 2022
    Publisher:  IZA - Institute of Labor Economics, Bonn, Germany

    We estimate the effect of nonemployment experienced by Italian youth after leaving secondary school on subsequent labor market outcomes. We focus on the impact on earnings and labor market participation both in the short- and in the long-term, up to... more

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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    DS 4
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    We estimate the effect of nonemployment experienced by Italian youth after leaving secondary school on subsequent labor market outcomes. We focus on the impact on earnings and labor market participation both in the short- and in the long-term, up to 25 years since school completion. By estimating a factor analytic model which controls for time-varying unobserved heterogeneity, we find that the negative effect of nonemployment on earnings is especially persistent, being sizeable and statistically significant up to 25 years after school completion, for both men and women. Penalties in terms of participation last instead shorter; they disappear by the 10th year after school completion. Hence, early nonemployment operates by persistently locking the youth who get off to a bad start into low-wage jobs.

     

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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/263582
    Series: Discussion paper series / IZA ; no. 15366
    Subjects: youth nonemployment; scarring effects; earnings; labor market participation; factor analytic mode
    Scope: 1 Online-Ressource (circa 66 Seiten), Illustrationen
  3. Off to a bad start: youth nonemployment and labor market outcomes later in life
    Published: June 2022
    Publisher:  [Università Politecnica delle Marche, Dipartimento di Scienze Economiche e Sociali], [Ancona]

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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    VS 517
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: Quaderno di ricerca / Università Politecnica delle Marche, Dipartimento di Scienze Economiche e Sociali ; n. 466
    Subjects: Youth nonemployment; scarring effects; earnings; labor market participation; factor analytic model
    Scope: 1 Online-Ressource (circa 67 Seiten), Illustrationen
  4. Off to a bad start: youth nonemployment and labor market outcomes later in life
    Published: 2022
    Publisher:  Global Labor Organization (GLO), Essen

    We estimate the effect of nonemployment experienced by Italian youth after leaving secondary school on subsequent labor market outcomes. We focus on the impact on earnings and labor market participation both in the short- and in the long-term, up to... more

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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    DS 565
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    We estimate the effect of nonemployment experienced by Italian youth after leaving secondary school on subsequent labor market outcomes. We focus on the impact on earnings and labor market participation both in the short- and in the long-term, up to 25 years since school completion. By estimating a factor analytic model which controls for time-varying unobserved heterogeneity, we find that the negative effect of nonemployment on earnings is especially persistent, being sizeable and statistically significant up to 25 years after school completion, for both men and women. Penalties in terms of participation last instead shorter; they disappear by the 10th year after school completion. Hence, early nonemployment operates by persistently locking the youth who get off to a bad start into low-wage jobs.

     

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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/260492
    Series: GLO discussion paper ; no. 1116
    Subjects: Youth nonemployment; scarring effects; earnings; labor market participation; factor analytic model
    Scope: 1 Online-Ressource (circa 65 Seiten), Illustrationen
  5. The scarring effects of major economic downturns
    the role of fiscal policy and government investment
    Published: November 2022
    Publisher:  European Investment Bank, Luxembourg

    Long shunned as slow and ill timed, the response to the Covid-19 pandemic initiated a reassessment of fiscal policy as stabilisation tool. At the same time, there is ample evidence that major economic downturns produce lasting effects on real GDP in... more

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    DS 429
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    Long shunned as slow and ill timed, the response to the Covid-19 pandemic initiated a reassessment of fiscal policy as stabilisation tool. At the same time, there is ample evidence that major economic downturns produce lasting effects on real GDP in spite of active fiscal policy interventions. This paper takes a fresh look at economic scarring in 26 OECD countries, including 14 EU member states, since 1970 and examines the role played by fiscal policy. We find that higher current expenditure - the favoured active response - does not mitigate the lasting impact of major economic downturns on real GDP. In contrast, more government investment could help but generally receives little attention. As a result, scarring effects are significant confronting governments with higher debt levels, which in turn weigh on the room for manoeuvre in subsequent downturns. In sum, fiscal policy makers face two difficulties in the event of a major economic downturn: (i) adopt the right type of fiscal expansion, and (ii) find the right time to pivot from short-term stabilisation to fiscal consolidation while protecting investment. Both challenges are fraught with political economy issues.

     

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    Source: Union catalogues
    Language: English
    Media type: Ebook
    Format: Online
    ISBN: 9789286154072
    Other identifier:
    hdl: 10419/266388
    Series: Economics - working papers ; 2022, 14
    Subjects: scarring effects; major economic downturn; fiscal policy; fiscal stabilisation; public investment
    Scope: 1 Online-Ressource (circa 62 Seiten), Illustrationen