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Economic theory considers economic growth and wage costs as crucial determinants in the process of job creation. In this paper, we try to quantify the relationship that exists between these variables in Belgium. Our objective being mainly the use of the empirical model for forecasting purposes,...
Persistent link: https://www.econbiz.de/10005008068
unemployment, which we calibrate on EU15 and US data. Labor market imperfections are found to significantly increase the volume of … to investigate how demographic asymmetriesmay have contributed to unemployment and welfare changes in the recent past …
Persistent link: https://www.econbiz.de/10009493505
that reason, a policy increasing the social capital of the disadvantaged workers can increase the unemployment rate and … decrease worker’s output. …
Persistent link: https://www.econbiz.de/10008505525
on their interactions with the profile of unemployment benefits and with active labor market programs. …
Persistent link: https://www.econbiz.de/10004984879
them after. In these setups, we comprehensively study the relations between technical progress, unemployment, and job …
Persistent link: https://www.econbiz.de/10004984943
This paper aims at explaining the dynamics of labor markets in Spain, especially the high persistence of unemployment …
Persistent link: https://www.econbiz.de/10004985001
This article argues in favor of drawing a distinction between the concepts of labour rationing and unemployment, the … unemployment, are put forward. Lucas’ widely accepted view that some job alternatives are always available will thereby be … challenged. In part three, the relationship between labour rationing and (involuntary) unemployment is examined in the context of …
Persistent link: https://www.econbiz.de/10004985040
This paper studies the role of labor market institutions on unemployment and on the cyclical properties of job flows …. We construct an intertemporal general equilibrium model with search unemployment and endogenous job turnover, and examine … the consequences of introducing an unemployment benefit, a firing cost and a downward wage rigidity. The simulations …
Persistent link: https://www.econbiz.de/10004985118
This paper studies the dynamic properties of the labour demand model with non-convex adjustment costs proposed by Bentolila and Bertola [1990]. With this model we evaluate the importance of the firing costs, following a great shock, for the dynamics of adjustment of the aggregated labour demand...
Persistent link: https://www.econbiz.de/10008512168
In this paper, different scenarios of increased cooperation between China and African countries are simulated. Recent intensification of political and economic ties between China and Sub-Saharan Afreican countries may give hope that an economic improvement in Sub-Saharan Africa (SSA) is...
Persistent link: https://www.econbiz.de/10004984823