unemployment within national economies. Our approach is original as Okun's coefficients are estimated for each of the 22 … significant are identified, and policies to reduce unemployment in French regions are examined. …

determine unemployment. We show that the impact of financial variables depends strongly on the labour market context. Increased … market capitalization as well as decreased banking concentration reduce unemployment if the level of labour market regulation … intermediated credit worsens unemployment when the labour market is weakly regulated and coordinated, whereas it reduces …

We explore whether finance influences the impact of labour market institutions on unemployment. Using a data set of 18 … market variables (labour market regulation, union density, coordination in wage bargaining) to unemployment are a ffected by … estimation. In Australia, Belgium, Italy, Japan and Spain, accounting for financial indicators mitigates the bene fits of labour …

formation of a deflationary spiral. Aggregate activity decreases and the unemployment increases. The macroeconomic stability of …

This paper aims to provide an alternative framework to previous studies of deflation in Japan. We focus on the real …

fuels a financial inflation driven by "rational exuberance", whose burst leads to a global crash in the next period, 3) else … a significant inflation of commodity prices accompanies the functioning of markets. In particular, neither Friedman …

, fueling a financial bubble whose bursting leads to debt-deflation in the next period with a non-zero probability. This dilemma … Fisher's debt deflation theory as being distinct from Keynes' liquidity trap. …

In this paper we investigate the impact of financial globalization on the behaviour of inflation targeting emerging … data for six emerging market inflation targeting economies from the date of their inflation targeting adoption to 2009 Q4 … should not be so as even under flexible inflation targeting central bank responds to inflation deviation and output gap; we …