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, the size of the skill mismatch can be assessed by comparing the distribution of unemployment (labour supply) and … context, Belgium has the highest index in the EU15, but this does not go hand in hand with an aboveaverage unemployment rate … only factor determining the probability of getting a job. Belgium has a relatively large dispersion of local unemployment …
Persistent link: https://www.econbiz.de/10011272873
It is increasingly recognised that fiscal rules and independent fiscal institutions other than governments and parliaments can make a major contribution to sound fiscal policy. The main arguments put forward by the specialist literature on political economy in favour of such rules and...
Persistent link: https://www.econbiz.de/10009367057
The article outlines the current budgetary situation, explains why consolidation plans are urgently needed and provides an answer to the question as to what form those plans should preferably take. It also contains an insight into the strategies aimed at consolidating public finances. The...
Persistent link: https://www.econbiz.de/10009367079
In the past few years it has become painfully clear that the financial markets’ loss of confidence confronting certain euro area countries can swiftly spread to other Member States, ultimately threatening the orderly functioning and stability of the euro area as a whole. Back in 2007, before...
Persistent link: https://www.econbiz.de/10011272851
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unemployment." …
Persistent link: https://www.econbiz.de/10005491059
The author presents a model of job search that focuses on an unemployed person's decision to accept an offered job or to continue looking for a new one.
Persistent link: https://www.econbiz.de/10005491067
By most estimates, the U.S. unemployment rate is currently below its "natural rate." The implication is the economy is …
Persistent link: https://www.econbiz.de/10005373385