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-of-steady-state dynamics in the continuous-time decentralized version of the Pissarides model where adjustment to the steady state is non …
Persistent link: https://www.econbiz.de/10005110981
This paper analyzes, within its feasible parameter space, the dynamics of the Uzawa-Lucas endogenous growth model. The … bifurcation is confirmed as well. We find evidence that the model could produce chaotic dynamics, but our analysis cannot confirm … solution domains. Bifurcation boundaries can separate one kind of unstable dynamics domain from another kind of unstable …
Persistent link: https://www.econbiz.de/10011260401
Cambridge University Press journal, Macroeconomic Dynamics. I have decided to focus the essay on my experiences in starting up …
Persistent link: https://www.econbiz.de/10005014952
fertility. These findings suggest that insurance motives underpin the dynamics of women’s work participation. Examination of …
Persistent link: https://www.econbiz.de/10008469893
According to a widespread view, Germany's unemployment crisis is caused by rigid labour markets, low profitability and increasing international competition. We argue that this view does not provide a convincing explanation for the dramatic rise in Germany's unemployment rate since 1989, first...
Persistent link: https://www.econbiz.de/10009216268
This paper aims at the provision of applicable recommendations for institutions and actors involved regarding the EMU accession process both in CEE and in the euro-zone. In order to provide topical advice, the first part, on markets, will concentrate on theory and empirics of labour markets,...
Persistent link: https://www.econbiz.de/10010266828
According to a widespread view, Germany's unemployment crisis is caused by rigid labour markets, low profitability and increasing international competition. We argue that this view does not provide a convincing explanation for the dramatic rise in Germany's unemployment rate since 1989, first...
Persistent link: https://www.econbiz.de/10010333060
This paper presents a simple model of wage bargaining and employment flows designed to address the effects of policies to increase the rate of exit to employment of the long-term unemployed. Exit rates from long- and short-term unemployment have two effects on the unemployment rate: a positive...
Persistent link: https://www.econbiz.de/10011269343
Which are the main frictions and driving forces of business cycle dynamics in a small open economy? To answer this …
Persistent link: https://www.econbiz.de/10010320738
According to a widespread view, Germany's unemployment crisis is caused by rigid labour markets, low profitability and increasing international competition. We argue that this view does not provide a convincing explanation for the dramatic rise in Germany's unemployment rate since 1989, first...
Persistent link: https://www.econbiz.de/10009668127