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We have modeled the employment/population ratio in the largest developed countries. Our results show that the evolution of the employment rate since 1970 can be predicted with a high accuracy by a linear dependence on the logarithm of real GDP per capita. All empirical relationships estimated in...
Persistent link: https://www.econbiz.de/10009220106
Using an analog of the boundary element method in engineering and science, we analyze and model unemployment rate in … force. Originally, the model linking unemployment to inflation and labor force was developed and successfully tested for …. Nevertheless, the model explains between ~65% and ~95% of the variability in unemployment and inflation. For Italy, the rate of …
Persistent link: https://www.econbiz.de/10005837146
employment level, unemployment level, number of work places (market capacity) and number of vacant work places. Secondary factors … as employment, unemployment and wages can be connected not with economic situation, but with the equalization processes …
Persistent link: https://www.econbiz.de/10008529204
employment level, unemployment level, number of work places (market capacity) and number of vacant work places. Secondary factors … as employment, unemployment and wages can be connected not with economic situation, but with the equalization processes …
Persistent link: https://www.econbiz.de/10008805043
A linear and lagged relationship between inflation, unemployment and labor force change rate, π(t)=A0UE(t-t0)+A1dLF … and labor force and between unemployment and labor force are tested separately in appropriate time intervals, where the … properties of error terms. The confirmed validity of the linear lagged relationship between inflation, unemployment and labor …
Persistent link: https://www.econbiz.de/10005835964
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
A quantitative model is presented linking the rate of inflation and unemployment to the change in the level of labor …
Persistent link: https://www.econbiz.de/10008836412
An empirical model is presented linking inflation and unemployment rate to the change in the level of labour force in …
Persistent link: https://www.econbiz.de/10008839473
structural and cohesion funds, removed the trading barriers, increases foreign investments, reduced unemployment, increased labor …
Persistent link: https://www.econbiz.de/10009216353
investments, reduced unemployment and increased labor migration. In the paper the system dynamics model, which describes …
Persistent link: https://www.econbiz.de/10009367975