IDEAS home Printed from https://ideas.repec.org/p/vua/wpaper/1995-34.html
   My bibliography  Save this paper

The pace of structural change and labour market dynamics: simulations using an empirical flow model

Author

Listed:
  • Butter, F.A.G. den

    (Vrije Universiteit Amsterdam, Faculteit der Economische Wetenschappen en Econometrie (Free University Amsterdam, Faculty of Economics Sciences, Business Administration and Economitrics)

  • Dijk, M. van

Abstract

A sensitivity analysis using an empirical model of labour market dynamics shows that an increase in the pace of structural chance, which leads to an outward shift of the UV-curve, may have substantial effects on employment and unemployment especially when the initial pace of structural change is low. It suggests that not only the size of the shocks but also the initial conditions can be a major cause for the labour market turbulence in economies in transition. The model simulations also display large differences in the size of the impulse responses and of recognition lags depending on the specification af the flow model and on the characteristics of the matching process.

Suggested Citation

  • Butter, F.A.G. den & Dijk, M. van, 1995. "The pace of structural change and labour market dynamics: simulations using an empirical flow model," Serie Research Memoranda 0034, VU University Amsterdam, Faculty of Economics, Business Administration and Econometrics.
    • Handle: RePEc:vua:wpaper:1995-34
    as

    Download full text from publisher

    File URL: http://degree.ubvu.vu.nl/repec/vua/wpaper/pdf/19950034.pdf
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    Structural change; Job destruction; Job creation; UV-analysis; Impulse-response effects; Matching process;
    All these keywords.

    JEL classification:

    • J21 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Force and Employment, Size, and Structure

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:vua:wpaper:1995-34. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: R. Dam (email available below). General contact details of provider: https://edirc.repec.org/data/fewvunl.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.