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pronounced as long as employment fails to grow. Investment will not act as a strong engine of growth either. Given the generally …
Persistent link: https://www.econbiz.de/10008547915
This Paper presents a reappraisal of unemployment movements in the European Union. Our analysis is based on the chain reaction theory of unemployment, which focuses on (a) the interaction among labour market adjustment processes, (b) the interplay between these adjustment processes and the...
Persistent link: https://www.econbiz.de/10005124001
immigration for natives' labour market outcomes, as well as issues linked to immigrants' integration in the host country labour market. Changes in the share of immigrants in the labour force may have a distributive impact on natives' wages, and a temporary impact on unemployment. However, labour...
Persistent link: https://www.econbiz.de/10005045889
and overall employment, and the implications of labour market arrangements for industrial structure and innovation … potential. We also look at the potential implications of regulatory reform for employment security and income inequality. We … data, though the analysis of employment uses also the time-series dimension. To this end, we rely on a large set of …
Persistent link: https://www.econbiz.de/10005046127
lag behind natives in terms of employment and/or wages. The differences narrow as years since settlement elapse … to be overrepresented among outsiders in the labour market and, as such, highly sensitive to the difference in employment …
Persistent link: https://www.econbiz.de/10005046263
External determinants Two key factors currently affect the economic prospects of CESEE the crisis in the euro area and movements in the commodity prices. For Russia, Kazakhstan and Ukraine declining world market prices of energy carriers, steel and other basic commodities are vital. For most of...
Persistent link: https://www.econbiz.de/10010686219
employment. Furthermore, patterns of adjustment across CESEE economies vary greatly, with some countries (such as Croatia … dampens consumption expenditures, and leads to cutbacks in employment (and wages), which, in turn, lower household incomes and … markets of the CESEEs and the situation of the banking sector respectively. Towards the end of 2011 the employment situation …
Persistent link: https://www.econbiz.de/10010820235
For 2011 the wiiw central scenario envisages further improvements in the economic performance of those countries that were still stagnating or contracting in 2010 (Bulgaria, Latvia, Romania, Croatia, Macedonia and Montenegro). However, in those countries that performed reasonably well in 2010...
Persistent link: https://www.econbiz.de/10009146721
The outlook for the world economy has improved in the course of 2010 and the recovery has gained strength in the EU as well. The Central, East and Southeast European countries (CESEE) have also recovered from the crisis; the majority of them recorded positive GDP growth. On average, the recent...
Persistent link: https://www.econbiz.de/10008862167
their external competitiveness - via devaluation and/or cuts in employment. On account of their solid industries, they … crisis. In the Western Balkans, significant employment cuts have so far been mostly averted, but they might well come to the …. Furthermore, as a consequence of the crisis, persistently low employment levels might result in human capital losses. The slower …
Persistent link: https://www.econbiz.de/10008455838