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Country size, specialization patterns and secular demand stagnation
Ono, Yoshiyasu - 2017
. If unemployment appears, however, home employment and consumption per capita decrease. …
Persistent link: https://www.econbiz.de/10011754240
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Structural unemployment, underemployment, and secular stagnation
Hashimoto, Ken'ichi; Ono, Yoshiyasu; Schlegl, Matthias - 2020
economy permanently operates below capacity due to both structural unemployment and underemployment. The latter is a direct … demand and supply shocks are opposite to those of the standard case and result in a co-movement of unemployment and … explain movements of unemployment and underemployment in opposite directions. Finally, we show that fluctuations in the total …
Persistent link: https://www.econbiz.de/10012219698
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Exchange-rate adjustment and macroeconomic interdependence between stagnant and fully employed countries
Ono, Yoshiyasu - 2014
achieves full employment and the other suffers long-run unemployment. Own and spill-over effects of changes in policy …
Persistent link: https://www.econbiz.de/10010250169
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Environmental policies and stagnation in a two-country economy
Ikefuji, Masako; Ono, Yoshiyasu - 2023
Global warming is a serious and acute threat to our planet, but, when negotiating the allocation of permissible carbon emissions, conflicts of interest exist between developed and developing countries. Developing countries insist that global warming is the result of prolonged pollution emissions...
Persistent link: https://www.econbiz.de/10014444056