Showing 1 - 10 of 15
, unemployment exhibits persistence in the sense of duration dependence: the probability of obtaining a job decreases in the length …
Persistent link: https://www.econbiz.de/10005135002
Prevailing trade theory is a neglected stepchild of economics. Micro rejects the sole reason for trade’s occurrence. It declares zero profit in equilibrium. Monetary theory and macroeconomics dismiss concerns of trade financing. They assert that money has nothing to do with traded output, but...
Persistent link: https://www.econbiz.de/10005408069
South Africans unemployment rate is one of the highest in the world, and it has important distributional implications …. The paper examines the incidence of unemployment using two national household surveys for the mid-1990s. Both entry to … unemployment and the duration of unemployment are examined. A probit model of the determinants of unemployment is estimated: it …
Persistent link: https://www.econbiz.de/10005556755
both the vacancy- unemployment ratio and employment. We show that the standard version of the Mortensen-Pissarides matching …
Persistent link: https://www.econbiz.de/10005561342
The social science literature has done much to document pervasive racial discrimination in Brazil and there is little … attempted to quantify the impact of ethnic discrimination in Brazil. Using data culled from the Pesquisa National por Amostra de …
Persistent link: https://www.econbiz.de/10005556747
equities, we examine equilibrium unemployment. While a mechanism of an efficiency wage brings about nominal wage rigidity …, unemployment occurring in our model definitely has Keynesian features. For instance, a reduction in wages rather enhances … unemployment through a decrease in consumption. In addition, our paper shows a possibility of Pareto improvement through an …
Persistent link: https://www.econbiz.de/10005076693
Are certain groups of unemployed individuals hurt less by unemployment than others? This paper is an attempt to test … the hypothesis that non- pecuniary costs of unemployment may vary between societies with different unemployment rates … related to unemployment for South African adults as to be expected in richer countries. Reported well-being levels are shown …
Persistent link: https://www.econbiz.de/10005125760
unemployment persistence. …
Persistent link: https://www.econbiz.de/10005126077
Dem neu-keynesianischen langfristigen Gleichgewichtskonzept einer durch Strukturfaktoren des Arbeitsmarktes, der Lohnverhandlungen und der sozialen Sicherungssysteme bestimmten inflationsstabilen Arbeitslosenquote (NAIRU) wird in diesem Beitrag eine post- keynesianische Interpretation der NAIRU...
Persistent link: https://www.econbiz.de/10005126225
The hypothesis that the behavior of firms in adjusting the number of their employees along a business cycle depends on the size of the firms has often been mentioned in the literature. Several authors argue that small and medium sized enterprises are more hesitant in hiring additional employees...
Persistent link: https://www.econbiz.de/10005135008