Official statistics indicated a break in Okun’s law all the Spanish regions due to COVID-19 pandemic; however, herein, evidence of validity is shown. The temporary layoff procedures (ERTEs) allowed many workers maintain their jobs. From productive point view, remained effect regions, showing strong relationship between idle labour resources and economic activity, from social apparent breakdown can be interpreted as implementation policy that mitigated dramatic impact crisis.

Okun's law, a significant parameter in empirical research and policy analysis, faces considerable heterogeneity. This stems from its dual interpretation the literature, with one implying unemployment's effects on output other suggesting output's unemployment. Consequently, comparing results these approaches is not straightforward. Even within each approach, variability persists. Through meta-analysis correction for publication bias, we identified primary factor contributing to heterogeneity...

The relationship between labour force participation and the business cycle is a common topic in economic literature. However, few studies have examined if cyclical sensitivity of influenced by social effects. In this paper, we construct theoretical model defining relatively new hypothesis, bandwagon worker effect (BWE). We use spatial econometrics techniques to test existence BWE local markets Spain. Our results reveal positive dependence that decreases as fix laxer neighbourhood criterion,...

This paper identifies and analyses a new effect related to the cyclical behaviour of labour supply: Entitled-Worker Effect (EWE). is different from well-known Added-Worker (AWE) Discouraged-Worker (DWE). The EWE consequence one most important institutions: unemployment benefit (UB). We develop model with uncertainty about results job-seeking transaction costs linked such search process, showing that kind moral hazard appears. creates incentives for workers produces an additional...

The authors question the validity of Okun's law in Latin America this paper. Based on several econometric models, they show that fluctuations economic activity have a lesser impact unemployment rates American countries than other, more advanced economies. Instead stimulus policies focused reducing general, these need targeted encourage job creation specific sectors. That being said, unemployment—output ratio differs from one country to another. Where is weak or non‐existent, cyclical...

Abstract The Monday effect on workers’ compensation insurance shows that there is a higher proportion of hard-to-diagnose injuries the first day week. aim this paper to test whether physiological hypothesis or economic explanation more satisfactory understand and, if both are correct, obtain an estimation magnitude each them. To do this, we exploit singular legal regulation Spanish sick leave benefits and use country as “laboratory”. Our econometric analysis detects measures reporting gap...

This work seeks to gauge the complementarity or shared leisure effect in Spain. The study evidences importance which increase female activity rates has on decision of their male spouses prolong labour market participation. Thus, if active ageing is be encouraged, vis-à-vis nonearly exit from force those latter stages working lives, and burden public pensions alleviated, comprehensive economic policies need adopted addressing family unit older persons as a whole rather than focusing each...

ResumenLa mera observación de los datos revela diferencias considerables en la duración las bajas producidas por accidentes trabajo entre distintas Comunidades Autónomas españolas.Parte esas pueden deberse a factores objetivos, no obstante, existe otra parte justificada que podría asociarse existencia riesgo moral.La aportación del artículo reside comparación

The main goal of this paper is to analyse gender differences in the Spanish workplace accident insurance or worker’s compensation (WC) system. More specifically, we are interested understanding between female and male employees duration recovery spell after a accident. This will provide us with better comprehension distinct opportunistic behaviour carried by men women causing absenteeism. Our results show that who occupied low-responsibility jobs experience unjustified longer periods than...

El objetivo de este trabajo consiste en analizar las diferencias el reporte los accidentes conocidos dentro la literatura como difícil diagnóstico entre población nacional e inmigrante. fin utilizar tipo es que ellos puede parecer más verosímil se produzcan episodios absentismo laboral encubierto. Así podría obtener una medida del esfuerzo relativo ejercido por trabajadores inmigrantes relación con nacionales. Desde un punto vista metodológico realiza estimación probit para principales...

This article presents novel empirical evidence of fathers’ parental leave usage by introducing a family dimension in Spain. To test this hypothesis, bivariate probit estimation was used to analyse the effect mother’s labour force participation on father’s decision take leave. procedure allowed us address issue simultaneous factors affecting decisions both man and woman, which were relevant interpreting for phenomenon. The results suggested that successfully using paternity as tool promote...

Work-sharing measures aim to reduce unemployment. When politicians are more interested in fostering this kind of is when the official unemployment rate published statistics rises. There already an important body research addressing issue, but it has mainly focused on labour demand side. Nevertheless, must not be forgotten that determined both by and supply. The neoclassical model supply predicts a reduction standard working hours encourages market participation. In paper we show unambiguous...

Abstract The returns to formal schooling in Spain are estimated this paper. main difference between and previous papers on subject is that, here, a distinction made the increase worker's potential maximum wage due actual registered increase. This (or underpayment) can be justified basis of job search theory. We use stochastic frontiers technique because it allows estimation variables (such as wage) that cannot directly observed. One results paper clearly increases wage. particularly...