Celebrating humanity's flourishing through the spread of capitalism and the rule of law
17 Aug 2015 Leave a comment
in business cycles, currency unions, economic growth, economic history, Euro crisis, job search and matching, labour economics, labour supply, macroeconomics, occupational choice, unemployment, unions, welfare reform Tags: employment law, equilibrium unemployment, Greece, Italy, labour market regulation, natural unemployment rate, Portugal, Spain, unemployment duration
The boom that preceded the bust in the Greek economy did nothing for the rate of long-term unemployment among Greeks. Long-term unemployment had been pretty stable prior to the economic boom after joining the euro currency union.
Source: OECD StatExtract.
Nothing much happened to long-term unemployment in Italy or Portugal in recent decades. Spanish long-term unemployment fell in line with the economic boom in Spain over the 1980s and 1990s up until the global financial crisis.
16 Aug 2015 Leave a comment
in labour economics, unions Tags: collective bargaining, union membership, union power, union wage premium
In the USA, UK, Australia, New Zealand, and Canada, if you want to be covered by a union collective-bargaining agreement, join a union. Does not seem to matter if you are a union member in France, Germany, Portugal, Spain and the Netherlands and to a lesser extent Italy because you is covered by collective bargaining agreements in most jobs.
Source: OECD estimates and J. Visser, Amsterdam Institute for Advanced Labour Studies (2011), ICTWSS Database on Institutions, Coordination, Trade Unions, Wage Setting and Social Pacts (version 3.0) in OECD (2013) Economic Policy Reforms 2013: Going for Growth.
In the Nordic countries, it runs the other way with most workers covered by collective bargaining agreement but also are union members.
16 Aug 2015 Leave a comment
in economic history, gender, labour economics, labour supply, politics - USA, population economics, welfare reform Tags: abortion, economics of fertility, marriage and divorce, single mothers, single parents, teen pregnancy
US Teen Pregnancy, Birth and Abortion Rates since 1972 http://t.co/mwR1U6WJg8—
Max Roser (@MaxCRoser) August 06, 2015
16 Aug 2015 Leave a comment
in applied welfare economics, business cycles, constitutional political economy, economic history, job search and matching, labour economics, labour supply, macroeconomics, Public Choice, unemployment Tags: borders, deployment subsidies, economics of borders, equilibrium unemployment rate, Finland, labour market programs, long-term unemployment, maps, natural unemployment rate, Norway, Scandinavia, search and matching, Sweden, unemployment durations
As I recall, most unemployed have been unemployed longer than 12 months in Sweden have to go on a labour market program. When they returned to unemployment after the program, the clock starts again. They are deemed to be freshly unemployed rather than adding to the previous spell with an interlude on a make work program. This makes Swedish long-term unemployment data rather unintelligible.
Source: OECD StatExtract.
Finland was recovering from its worst depression since the 1930s and the early 1990s when its data on long-term unemployment started to be continuous. This makes Finnish unemployment data rather difficult to interpret. Norway’s data for the long-term unemployed goes up and down a bit too much to be trustworthy without a background policy narrative.
15 Aug 2015 Leave a comment
in labour economics, politics - New Zealand, poverty and inequality, welfare reform Tags: child poverty, family poverty, Lindsey Mitchell, welfare state
15 Aug 2015 Leave a comment
in economics of love and marriage, human capital, labour economics, law and economics, welfare reform Tags: child rearing, economics of families, marital division of labour, marriage and divorce
More time with mom has little to no effect on children's well-being: thesocietypages.org/socimages/2015… http://t.co/zyirz1QvQs—
(@SocImages) April 08, 2015
15 Aug 2015 Leave a comment
in economic history, labour economics, unions Tags: Denmark, Finland, Norway, Sweden, union membership, union power, union wage premium
Union membership has been very high all the time in Norway, Sweden, Denmark and Finland.
Source: OECD Stat Extract.
14 Aug 2015 Leave a comment
in applied price theory, income redistribution, labour economics, politics - New Zealand, poverty and inequality, Public Choice, public economics Tags: child poverty, Director's Law, family poverty, family tax credits, welfare state
One group with negative net tax liability is low- to middle-income households with dependent children. For example, single-earner families with two children can earn up to around $60,000 pa before they pay any net tax.
Around half of all households with children receive more in welfare benefits and tax credits than they pay in income tax.
![clip_image002[6]](https://utopiayouarestandinginit.com/wp-content/uploads/2015/08/clip_image0026.jpg "clip_image002[6]")
14 Aug 2015 Leave a comment
in currency unions, Euro crisis, job search and matching, labour economics, labour supply, macroeconomics, unemployment Tags: British economy, equilibrium unemployment rate, France, Germany, long-term unemployment, natural unemployment rate, social insurance, unemployment duration, unemployment insurance, welfare state
As the British labour market and long-term unemployment was starting to get something like that in the USA, the USA started to have unemployment it was more like the European labour markets in terms of the number of long-term unemployed. Nothing much happened in Germany and France.
Source: OECD StatExtract.
14 Aug 2015 Leave a comment
in discrimination, economics of education, gender, labour economics Tags: fainting couch feminism, male privilege, meddlesome preferences, micro-aggressions, nanny state, safe spaces, trigger warnings
14 Aug 2015 Leave a comment
in economic history, Euro crisis, labour economics, unions, urban economics Tags: Eurosclerosis, France, German unification, Germany, Italy, union membership, union power, union wage premium
There are large differences in unionisation rates between the three countries. France has always had low levels of unionisation which halved since the 1970s. Italy had a sharp boost in union membership in the number of unions in the 1960s and 70s. This may have been associated with increased urbanisation. Union membership rate stayed pretty high in Italy ever since with a small taper downwards. Germany had stable unionisation rates prior to German unification after which the numbers about halved up in a slow taper.
Source: OECD Stat Extract.
13 Aug 2015 Leave a comment
in health and safety, labour economics Tags: compensating differentials, job safety
Fatal #workplace accidents most prevalent in construction & manufacturing / via @EU_Eurostat
statista.com/chart/3544/eur… http://t.co/gmG6PB5rE3—
Statista (@StatistaCharts) June 10, 2015
13 Aug 2015 Leave a comment
in applied welfare economics, economic history, income redistribution, labour economics, politics - New Zealand, poverty and inequality, Public Choice, welfare reform Tags: child poverty, family poverty, family tax credits, Leftover Left, New Zealand Greens, Twitter left
The material hardship measure shows a falling child material hardship rate using a threshold equivalent to the ‘standard’ EU level, down from a peak of 21% immediately after the GFC to 14% in 2014.
Using the more severe threshold, there was a slight rise through the GFC to 10% and a small fall to 8%, the level it was at before the GFC.
Source: Bryan Perry, Household Incomes in New Zealand: trends in indicators of inequality and hardship 1982 to 2014 – Ministry of Social Development, Wellington (August 2015), p. 133.
Source: Bryan Perry, Household Incomes in New Zealand: trends in indicators of inequality and hardship 1982 to 2014 – Ministry of Social Development, Wellington (August 2015), p. 133.
13 Aug 2015 Leave a comment
in applied welfare economics, discrimination, economic history, labour economics, politics - New Zealand, poverty and inequality Tags: Maori economic development
From a longer-term perspective, all groups showed a strong rise from the low point in the mid 1990s through to 2010. In real terms, overall median household income rose 47% from 1994 to 2010: for Maori, the rise was even stronger at 68%, and for Pacific, 77%.
These findings for longer- term trends are robust, even though some year on year changes may be less certain. For 2004 to 2010, the respective growth figures were 21%, 31% and 14%.
Source: Bryan Perry, Household Incomes in New Zealand: trends in indicators of inequality and hardship 1982 to 2014 – Ministry of Social Development, Wellington (August 2015), Table D6.
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
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