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Spain provides an extreme case of unemployment rate oscillations (8.3% in 2007, 26.1% in 2013, 19.6% in 2016) in … parallel with cute regional persistance in labour market outcomes - the sets of relatively high and low unemployment regions … unemployment) regions are more reactive to capital accumulation, and thus to a growth strategy based on estimulating investment. In …
Persistent link: https://www.econbiz.de/10011756109
This paper aims at identifying the labour share (wage-productivity gap) as a major factor in the evolution of inequality and employment. To this end, we use annual data for the US, UK and Sweden over the past forty years and estimate country-specific systems of labour demand and Gini coefficient...
Persistent link: https://www.econbiz.de/10009157624