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shocks were large and widespread, and were particularly hard on older workers and women. Unemployment reached double digits …
Persistent link: https://www.econbiz.de/10005677732
This paper studies the impact of informality on the long-run relationship between inflation and unemployment in … money and credit coexist. An increase in inflation affects unemployment through two channels: the entry channel (size) and … entry and increasing unemployment. On the other hand, it shifts firms hiring decision from high separation informal jobs to …
Persistent link: https://www.econbiz.de/10011892083
shocks were large and widespread, and were particularly hard on older workers and women. Unemployment reached double digits …
Persistent link: https://www.econbiz.de/10009477027
The strong rise in the U.S. stock market since the spring and the return to positive economic growth in the third quarter of this year have created a consensus among economists that the Great Recession is very likely over. Unfortunately, the end of the official recession will have little visible...
Persistent link: https://www.econbiz.de/10008545825