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A growing concern on widening income gap between the rich and the poor, the policy mismatch in tackling the relative poverty and income inequality have invited increasing volumes of research focusing on the nexus between equity and efficient growth. Developed countries have experienced the...
Persistent link: https://www.econbiz.de/10010345543
benign international environment, this approach makes it unlikely that the economy will face a collapse in growth. But there … benign international environment, this approach makes it unlikely that the economy will face a collapse in growth. But there …
Persistent link: https://www.econbiz.de/10003539352
This paper revisits the dynamics of unemployment rate for 29 OECD countries over the period of 1980-2013. Numerous empirical studies of the dynamics of unemployment rate are carried out within a linear framework. However, unemployment rate can show nonlinear behaviour as a result of business...
Persistent link: https://www.econbiz.de/10011407928
This study is a descriptive analysis of the labor market conditions in Iraqi Federal Kurdistan Region. It explores a number of integrated factors that covariate and determine the level and patterns of the labor market outcomes in the region. In the first step, each of the determinants of...
Persistent link: https://www.econbiz.de/10003656887
financial frictions. The political economy surrounding distributional consequences can sometimes lead to policy measures that …
Persistent link: https://www.econbiz.de/10010222156
This study investigates the relationship between economic growth and democracy by estimating a nation's production function specified as static and dynamic models using panel data. In estimating the production function, it applies a single time trend, multiple time trends and the general index...
Persistent link: https://www.econbiz.de/10011704213
, however, is that there seem to be certain "threshold" levels of financial and institutional development that an economy needs …
Persistent link: https://www.econbiz.de/10003831857
political economy …
Persistent link: https://www.econbiz.de/10003724126
the flexible price equilibrium. In this paper, we develop a twosector two-good closed economy new Keynesian model to study …
Persistent link: https://www.econbiz.de/10008810538
In closed or open economy models with complete markets, targeting core inflation enables monetary policy to maximize … is high. We develop an open economy model with incomplete financial markets to show that headline inflation targeting …
Persistent link: https://www.econbiz.de/10011307888