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We have modeled the employment/population ratio in the largest developed countries. Our results show that the evolution of the employment rate since 1970 can be predicted with a high accuracy by a linear dependence on the logarithm of real GDP per capita. All empirical relationships estimated in...
Persistent link: https://www.econbiz.de/10009220106
Using an analog of the boundary element method in engineering and science, we analyze and model unemployment rate in … force. Originally, the model linking unemployment to inflation and labor force was developed and successfully tested for …. Nevertheless, the model explains between ~65% and ~95% of the variability in unemployment and inflation. For Italy, the rate of …
Persistent link: https://www.econbiz.de/10005837146
Linear relationships between inflation, unemployment, and labor force are obtained for two European countries - Austria … and France. The best fit models of inflation as a linear and lagged function of labor force change rate and unemployment … inflation for the next ten years. In France, inflation lags by four years behind labor force change and unemployment allowing …
Persistent link: https://www.econbiz.de/10005617026
Expansion of earning opportunities and increment in earning levels are dual objectives of policymakers in developing countries. The structural adjustment programme in India tried to ensure both through higher growth targets, and manufacturing sector has seen the most sweeping changes. It is now...
Persistent link: https://www.econbiz.de/10005260234
State interventions into Labour policies in India are directed towards ensuring both job security and income security. In this paper we look at likely impact of such policies. The laws are found to serve the organised workers primarily while large masses of unorganised workers are without any...
Persistent link: https://www.econbiz.de/10005836599
Earning differentials in labour market leads to multidimensional aspects of deprivation and disadvantage. While the ‘deprived’ are excluded from participation in society, such exclusion may also cause deprivation. In economic terms, disparity in labour markets has far-reaching consequences...
Persistent link: https://www.econbiz.de/10005837066
Tertiarisation of labour market has globally been associated with economic progress. But in developing countries, labour market deformities may push people into service economy out of distress also. This paper examines the tertiarisation process in Indian labour market to bring out the reasons...
Persistent link: https://www.econbiz.de/10005616990
on the contribution of youth to national product. India at present suffers from remarkably high educated unemployment and … skill. Huge youth unemployment, especially educated unemployment is the surest way to social tension, unrest, and unlawful … formation and unemployment among youth in India, focusing specially on educated unemployment. We find that current skill …
Persistent link: https://www.econbiz.de/10011259645
A linear and lagged relationship between inflation, unemployment and labor force change rate, π(t)=A0UE(t-t0)+A1dLF … and labor force and between unemployment and labor force are tested separately in appropriate time intervals, where the … properties of error terms. The confirmed validity of the linear lagged relationship between inflation, unemployment and labor …
Persistent link: https://www.econbiz.de/10005835964
seems to be depressing the labour market. Unemployment is rising, both absolutely and as proportion of labour force …
Persistent link: https://www.econbiz.de/10005616915