Showing 1 - 10 of 15
business cycle and growth /Pedro Leão --A Keynesian model of unemployment and growth : theory /John Cornwall --A Keynesian … model of unemployment and growth : an empirical test /Wendy Cornwall --The relevance of the Cambridge …
Persistent link: https://www.econbiz.de/10012420046
Heightened uncertainty since the onset of the Great Recession has materially increased saving rates, contributing to lower consumption and GDP growth. Consistent with a model of precautionary savings in the face of uncertainty, we find for a panel of advanced economies that greater labor income...
Persistent link: https://www.econbiz.de/10009654146
Italy’s deep-rooted structural problems resulted in an unsatisfactory productivity performance and a dismal growth over the last 15 years. The global financial crisis has exacerbated these long-standing weaknesses, taking a heavy toll on Italy’s economy. With output back to its...
Persistent link: https://www.econbiz.de/10008727814
The sectoral composition of economies is fundamental to the understanding of growth, unemployment and the relative … consequences of outsourcing and downsizing * unemployment and catching-up * the relationship between growth and unemployment in a … dual labour market * the relative stagnancy of Europe versus the USA in terms of productivity levels and unemployment …
Persistent link: https://www.econbiz.de/10014473896
.S. experiencing a sharper rise in unemployment and, perhaps, more widespread loss of financial wealth than elsewhere in the G-7, the …
Persistent link: https://www.econbiz.de/10008561067
-term unemployment rate (which would raise equilibrium unemployment rates). However, over the medium term, we expect Canada's potential …
Persistent link: https://www.econbiz.de/10008561074
The Chinese government has recently focused on the need to increase consumption to rebalance the economy. A widely held view is that despite China's remarkably high growth, the share of consumption in total expenditure has been low and declining due to high and rising saving rate of Chinese...
Persistent link: https://www.econbiz.de/10005768788
perception of risk by markets. We also find some weak evidence that IT countries did better on unemployment rates and advanced IT …
Persistent link: https://www.econbiz.de/10008519500
Using a production function method, this paper assesses the impact of the global crisis on the potential growth of Australia and New Zealand. The two countries have not been hit hard by the global crisis, but have large net external liabilities. The paper finds that the main negative impact of...
Persistent link: https://www.econbiz.de/10008542982
This paper examines the factors and constraints that affect recent and potential growth in Croatia, as well as policies that can influence it. On current productivity trends, it estimates Croatia's potential growth rate at 4-4½ percent, a result reasonably robust to different methodologies....
Persistent link: https://www.econbiz.de/10005599301