The National Employment Office (NEO): An Answer to Unemployment?

Employment protection and unemployment

The second factor often mentioned in discussions of European unemployment is employment protection (the first, unernploymenr benefits, was the topic of the previous note). Employment protection, the argument goes, increases the cost of doing business, leads to sclerosis of the economy, and to high unemployment. The purpose of this note is to assess both the theoretical and the empirical merits ...

A Method of Reconciling Discrepant National and Sub-National Employment and Unemployment Estimates*

Considering two discrepant estimates of employment or unemployment for each of several geographical areas, this paper finds two models of their conditional variations across areas both at a point in time and through time. One of these models is shown to predict the nation’s employment or unemployment better than the other model. It improves one of the two estimates and corrects for nonresponse ...

Does subsidised temporary employment get the unemployment back to work?

Employment and Unemployment in the 1930s

The Great Depression is to economics what the Big Bang is to physics. As an event, the Depression is largely synonymous with the birth of modern macroeconomics, and it continues to haunt successive generations of economists. With respect to labor and labor markets, these facts evidently include wage rigidity, persistently high unemployment rates, and long-term joblessness. Traditionally, aggreg...

Who Makes the Transition from Unemployment to Self-Employment?*

This paper analyses the labour market transitions of unemployed individuals. We are particularly interested in why some individuals become self-employed instead of wage or salary earners upon returning to employment. Using Finnish microdata and a multinomial logit model we find that when we compare unemployed individuals ́ probability of moving into a wage or salary work with the probability of ...