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Economic precariousness : a new channel in the housing market cycle
Arestis, Philip; Gonzales-Martinez, Ana Rosa - 2017
-taken to support the hypothesis that high rates of homeownership lead to high unemploy-ment via increases in the reservation …
Persistent link: https://www.econbiz.de/10011924575
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An alternative stability pact for the European Union
Arestis, Philip; MacCauley, Kevin; Sawyer, Malcolm C. - 2000
Persistent link: https://www.econbiz.de/10001459835
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An Alternative Stability Pact for the European Union
Arestis, Philip; McCauley, Kevin; Sawyer, Malcolm C. - 2000
This paper proposes an alternative stability and growth pact among European Union (EU) governments that would underpin the introduction of a single currency and a "single market" within the EU. The alternative pact embraces a number of new aspects of integration within the EU that are based on a...
Persistent link: https://www.econbiz.de/10014162532
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Capital shortage unemployment in Germany and the UK
Arestis, Philip; Biefang-Frisancho Mariscal, Iris; … - 1998
Persistent link: https://www.econbiz.de/10003958357
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The economic and monetary union : current and future prospects
Arestis, Philip; Sawyer, Malcolm C. - 1999
Persistent link: https://www.econbiz.de/10001412868
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The Relationship between Capital Stock, Unemployment and Wages in Nine EMU Countries
Arestis, Philip; Baddeley, Michelle; Sawyer, Malcolm C. - 2007
unemployment in a range of EMU countries and to compare the results across countries. A time-series analysis is conducted in the … literature on capital stock and unemployment, before it deals with the theoretical model. This is followed by estimation and … hypothesis of the paper: capital stock is an important determinant of unemployment and wages in the countries considered for the …
Persistent link: https://www.econbiz.de/10014051701
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Capital Shortages and Asymmetries in UK Unemployment
Arestis, Philip; Mariscal, Iris Biefang-Frisancho - 1998
The persistence of high unemployment has been one of the most puzzling developments of the past twenty years or so. In … the UK, unemployment averaged 2.1% between 1966 and 1973, and since 1974 it has risen to an average of 7.5%. The … prevailing view of the persistence of unemployment and of the continuous rise in the NAIRU is that explanations and solutions can …
Persistent link: https://www.econbiz.de/10014073940
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The Single European Currency: Prospects and an Alternative Proposal
Arestis, Philip; Sawyer, Malcolm - In: Zagreb International Review of Economics and Business 1 (1998) 1, pp. 27-44
proposals, and suggests for low unemployment rates to be included in the convergence criteria. …
Persistent link: https://www.econbiz.de/10005536919
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Does fiscal consolidation promote economic growth and employment? Evidence from the PIIGGS countries
Arestis, Philip; Kaya, Ayşe; Şen, Hüseyin - In: European Journal of Economics and Economic Policies: … 15 (2018) 3, pp. 289-312
Using annual data over the period 1980–2014, this paper attempts to provide an answer to the question of whether fiscal consolidation promotes growth and employment in the context of the PIIGGS countries (Portugal, Ireland, Italy, Greece, Great Britain, and Spain) by using the Bootstrap...
Persistent link: https://www.econbiz.de/10014363334
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Threshold Effects in the U.S. Budget Deficit
Arestis, Philip; Cipollini, Andrea; Fattouh, Bassam - 2005
We contribute to the debate on whether the large U.S. federal budget deficits are sustainable in the long run. We model the U.S. government deficit per capita as a threshold autoregressive process. We find evidence that the U.S. budget deficit is sustainable in the long run and that economic...
Persistent link: https://www.econbiz.de/10014093103