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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
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
The paper examines the structure of employment defined by industry, skill, age, part-time and casual employment status and the distribution of earnings. Employment patterns, and changes in employment profiles, are examined for differences between high productivity growth industry sectors and low...
Persistent link: https://www.econbiz.de/10005125799
DEVELOPMENT IS THE MOST IMPORTANT CHALLENGE FACING THE HUMAN RACE BUT THE PROCESSES DRIVING ECONOMIC DEVELOPMENT ARE BY NO MEANS FULLY UNDERSTOOD. HOWEVER, THE CORE CHALLENGE FOR DEVELOPMENT IS TO ENSURE PRODUCTIVE WORK AND A BETTER QUALITY OF LIFE FOR ALL THE PEOPLE OF THE WORLD. THIS CHALLENGE...
Persistent link: https://www.econbiz.de/10005125934
mountain of empirical evidence now shows, economic conditions and slowly-changing parental education levels determine children …'s school enrollment to a greater degree than education policy interventions. A succession of international meetings has … nevertheless adopted a litany of utopian international goals for universal school enrollment and gender parity in education based …
Persistent link: https://www.econbiz.de/10005407681
This paper demonstrates that the delivery of hardware inputs to Ghana’s basic education system – building classrooms … Universal Primary Education. The context for these improvements was a government strongly committed to implementing a program of … educational reform that refocused government resources away from secondary and tertiary education and onto the basic sector. But …
Persistent link: https://www.econbiz.de/10005407725
DEVELOPMENT IS THE MOST IMPORTANT CHALLENGE FACING THE HUMAN RACE BUT THE PROCESSES DRIVING ECONOMIC DEVELOPMENT ARE BY NO MEANS FULLY UNDERSTOOD. HOWEVER, THE CORE CHALLENGE FOR DEVELOPMENT IS TO ENSURE PRODUCTIVE WORK AND A BETTER QUALITY OF LIFE FOR ALL THE PEOPLE OF THE WORLD. THIS CHALLENGE...
Persistent link: https://www.econbiz.de/10005118737
Objectives. This paper analyzes the relationship between Palestinian suicide bombings and economic and political conditions from 1993 to 2001. Labor market conditions could affect the number of terror attacks because when the economy worsens, the opportunity cost of engaging in suicide terrorism...
Persistent link: https://www.econbiz.de/10005076534
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
unemployment, undue instability, and excess debt. …
Persistent link: https://www.econbiz.de/10005076719