Showing 1 - 10 of 10
We present a comprehensive macroeconomic model for the U.S. There exist strict long-term relations between real GDP, price inflation, labor force participation, productivity, and unemployment. The evolution of real GDP depends only on exogenous demographic forces. Other macro-variables follow up...
Persistent link: https://www.econbiz.de/10005260315
We have modeled the employment/population ratio in the largest developed countries. Our results show that the evolution of the employment rate since 1970 can be predicted with a high accuracy by a linear dependence on the logarithm of real GDP per capita. All empirical relationships estimated in...
Persistent link: https://www.econbiz.de/10009220106
The desired professional insertion (placement) after training is under the influence of personal and exogenous variables. In the present paper we identify the constraints and devices that, in an interactive way, can shape and affect the professional insertion. This paper is a result of a...
Persistent link: https://www.econbiz.de/10008694000
The employment attainment after a vocational training course, in a lifelong learning perspective is due to several factors, those inherent to the individual and those through exogenous scopes. In this theoretical revue we identify the most and the least notorious theories that can support policy...
Persistent link: https://www.econbiz.de/10008560495
A linear and lagged relationship between inflation, unemployment and labor force change rate, π(t)=A0UE(t-t0)+A1dLF(t-t1)/LF(t-t1)+A2 (where A0, A1, and A2 are empirical country-specific coefficients), was found for developed economies. The relationship obtained for France is characterized by...
Persistent link: https://www.econbiz.de/10005835964
Using an analog of the boundary element method in engineering and science, we analyze and model unemployment rate in Austria, Italy, the Netherlands, Sweden, Switzerland, and the United States as a function of inflation and the change in labor force. Originally, the model linking unemployment to...
Persistent link: https://www.econbiz.de/10005837146
In this paper an attempt is made to inquire the dynamics of regional unemployment rates in transition economies. We use policy relevant NUTS4 unemployment rates for transition economies characterised by both relatively intense (Poland, Slovaka) and relatively mild labour market hardships (namely...
Persistent link: https://www.econbiz.de/10005042689
This paper analyzes convergence of unemployment rates in Poland at NUTS4 level by testing nonlinear convergence, applying the modified KSS-CHLL for each pair of territorial units. The results suggest that actually the convergence is a rare phenomenon and occurs only in 1916 cases out of...
Persistent link: https://www.econbiz.de/10005042719
The Lucas critique has exposed the problem of the trade-off between changes in monetary policy and structural breaks in economic time series. The search for and characterisation of such breaks has been a major econometric task ever since. We have developed an integral technique similar to CUSUM...
Persistent link: https://www.econbiz.de/10008927057
A quantitative model is presented linking the rate of inflation and unemployment to the change in the level of labor force. The link between the involved variables is a linear one with all coefficients of individual and generalized models obtained empirically. To achieve the best fit between...
Persistent link: https://www.econbiz.de/10008836412