Showing 1 - 10 of 31
unemployment to the change in the level of labour force in Canada. Inherently, our model belongs to the class of Phillips curve … uncorrelated noise and systematic errors. Our previous model of inflation and unemployment in Canada is enhanced by the … price inflation accompanied by a substantial fall in the rate of unemployment. Therefore, the new monetary policy in Canada …
Persistent link: https://www.econbiz.de/10008927057
and lagged relationships between the rates of inflation, unemployment, and change in labour force. For France, several … unemployment within the Phillips curve framework. Following the original problem formulation by Fisher and Phillips, the set of … study has validated the reliability and accuracy of the linear and lagged relationships between inflation, unemployment, and …
Persistent link: https://www.econbiz.de/10011109998
institutions will have to start technical and professional education programs. Several new educational institutions will have to be …
Persistent link: https://www.econbiz.de/10005790093
low-skilled workers’ unemployment are examined: wage-setting institutions, employment regulation, globalization, and …The OECD’s unemployment problem is largely concentrated among low-skilled workers. In this paper, four explanations of … achieve low rates of low-skilled unemployment. In contrast, investment in active labour market policies pays off in form of …
Persistent link: https://www.econbiz.de/10008583552
negative duration dependence of exit rates from unemployment. Our model has a number of novel testable implications. For …
Persistent link: https://www.econbiz.de/10005792539
This paper explores how social capital is related with self-rated health status in Japan and how this relationship is affected by gender, using data for 3075 adult participants in the 2000 Social Policy and Social Consciousness (SPSC) survey. Controlling for endogenous bias, unobserved city...
Persistent link: https://www.econbiz.de/10004961520
We characterize the monetary competitive equilibrium in a two-country monetary union model involving cash-in-advance constraints both in the factor markets and in the good markets. Simulations show that common money inflation in the union have asymmetric effects on the welfare of workers in the...
Persistent link: https://www.econbiz.de/10005835721
important source of uncertainty is the relationship between inflation and unemployment. This Paper studies the optimal monetary … policy in the presence of uncertainty about the natural unemployment rate, the short-run inflation-unemployment trade-off and …
Persistent link: https://www.econbiz.de/10005067479
In this paper we analyze the effects of a monetary policy shock on Mexican unemployment rates. Unlike previous studies … we re-estimate unemployment rates so that these alternative rates are comparable to those of the OECD member countries …. We find that in response to tightening monetary policy, unemployment increases with a characteristic hump-shaped pattern …
Persistent link: https://www.econbiz.de/10008919788
Annotated remarks made at the 50th Anniversary Conference “Fortalecimiento institucional de los bancos centrales y efectividad de la política monetaria”, of the Central Bank of Nicaragua, February 2010. The paper lays out the importance of institutional strenthening (governance) as an...
Persistent link: https://www.econbiz.de/10011258861