Showing 1 - 10 of 72
Long-term unemployment has been a persisting problem in Europe since the 2008 economic crisis. Long-term unemployment …-term unemployed out of the total number of unemployed accounted for 70 percent in 2018). The composition of a country's long …-term unemployed (LTU) population can be very heterogeneous, however, there are oftentimes similarities across countries. Lower levels …
Persistent link: https://www.econbiz.de/10012647376
Using data from a national survey of Chinese manufacturing firms conducted in 2009, the authors analyze the impact of implementation of China's 2008 labor contract law on the employment of production workers. The authors found that cities with lax prior enforcement of labor regulations...
Persistent link: https://www.econbiz.de/10012247853
Changing population age structures are shaping the trajectories of development in many countries, bringing opportunities and challenges. While aging has been a matter of concern for upper-middle and high-income economies, rapid population growth is set to continue in the poorest countries over...
Persistent link: https://www.econbiz.de/10012245769
paradoxical phenomenon of unemployed ("surplus") health workers in those countries facing acute "needs-based" shortages …
Persistent link: https://www.econbiz.de/10012245784
The expansionary fiscal contraction (EFC) hypothesis states that fiscal austerity can increase output or consumption when a country is under heavy debt burdens because it sends positive signal about the country's solvency situation and long-term economic wellbeing. Empirical tests of this...
Persistent link: https://www.econbiz.de/10012647732
A large and growing literature has argued that industrialized and developing countries behave very differently in relation to their fiscal policy stances over the business cycle. In this paper, the authors provide new evidence on the cyclicality of fiscal policy across industrialized and...
Persistent link: https://www.econbiz.de/10012246644
This year marks the tenth anniversary of the 2009 global recession. Most emerging market and developing economies … weathered the global recession relatively well. However, following a short-lived initial rebound in activity in 2010, the global … monetary policy accommodation and several rounds of fiscal stimulus in major economies. A Decade After the Global Recession …
Persistent link: https://www.econbiz.de/10012646707
In December 2015, at the Conference of the Parties 21 (COP 21) in Paris, France, 196 countries came together to forge a climate change agreement that pledged to keep global warming to 2 degrees Celsius or less. To bring the world to this 2-degree track, the international energy agency estimates...
Persistent link: https://www.econbiz.de/10012645742
The many and varied crises in the world economy since 2007 seem to have different origins and iverse manifestations. This paper contends that there is however a structural shift beneath the global economy that is now reaching a critical mass, and that accounts for many of these crises, despite...
Persistent link: https://www.econbiz.de/10012246386
This paper assesses the impact of the rise of China on the trade of Latin American and Caribbean economies. The study proposes an index to measure the impact on trade, which suggests sizable effects, especially in Argentina, Brazil, Chile, Hondu
Persistent link: https://www.econbiz.de/10012246541