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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
unemployment, undue instability, and excess debt. …
Persistent link: https://www.econbiz.de/10005076719
unemployment. The public sector is decomposed into general government and an unfunded pension system with a tax benefit linkage … effects. They strengthen labor supply both in terms of job search intensity, leading to lower unemployment rates, and hours …
Persistent link: https://www.econbiz.de/10005125671
In this paper, the effects of alternatives to finance unemployment benefits on employment and wages are examined in a … model with search generated equilibrium unemployment. It is demonstrated that employment improves if a value--added tax is …
Persistent link: https://www.econbiz.de/10005125902
, 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
The added worker effect states that unemployment of a household member leads to an increase in labour supply of another … have more entitlements, waiting in unemployment for a good job is not one of them. We carry out two separate analyses to … no added worker effect. This suggests that households have other ways to cope with unemployment and is consistent with …
Persistent link: https://www.econbiz.de/10005407638
increasing the number of workers embedded in the social networks can increase the unemployment rate and decrease workers welfare …
Persistent link: https://www.econbiz.de/10005412695
unemployment benefits, the existence of Active Labour Market Policies, the change in labour demand, segmentation of the labour … market, and unemployment as a queuing phenomenon. We test each of these explanations and find that labour market segmentation …
Persistent link: https://www.econbiz.de/10005556022
With around 50% of the urban men between age 15 and 30 unemployed, Ethiopia has one of the highest unemployment rates … worldwide. This paper describes the nature of unemployment among young men in urban Ethiopia. We analyse the determinants of … incidence and duration and find that most variables have the same effect on both. Unemployment is concentrated among relatively …
Persistent link: https://www.econbiz.de/10005556068
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