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unemployment are discussed, the impact of the increasing unemployment and growing inequality in wage distribution on income …-up process of the Argentine economy nor could it be expected to be a big loser. So, the huge amount of unemployment experienced … wage inequality widened relatively more between unskilled and skilled workers. The reasons for the persistence of …
Persistent link: https://www.econbiz.de/10009416985
This paper examines the movements in EU unemployment from two perspectives: (a) the NRU/NAIRU perspective, in which … unemployment movements are attributed largely to changes in the long-run equilibrium unemployment rate and (b) the chain …-reaction perspective, in which unemployment movements are viewed as the outcome of the interplay between labor market shocks and prolonged …
Persistent link: https://www.econbiz.de/10010955891
such as unemployment. Previous studies indicate that monetary policy affects the output gap only at business cycle … frequencies, but the effects on unemployment may well be more persistent in countries with highly regulated labor markets. We … study the Swedish experience of unemployment and monetary policy. Using a structural VAR we find that around 30 percent of …
Persistent link: https://www.econbiz.de/10005083343
such as unemployment. Previous studies indicate that monetary policy affects the output gap only at business cycle … frequencies, but the effects on unemployment may well be more persistent in countries with highly regulated labor markets. We … study the Swedish experience of unemployment and monetary policy. Using a structural VAR we find that around 30 percent of …
Persistent link: https://www.econbiz.de/10005700640
The claim of globalization critics that the income gap to industrial countries is bound to widen for essentially all developing countries as a consequence of economic globalization is in conflict with empirical evidence. Economic performance differs tremendously across developing countries. We...
Persistent link: https://www.econbiz.de/10005755189
This paper presents a synoptic interpretation of structural unemployment in Europe. The paper consists of three parts …. Part 1 summarises some major stilysed facts of the record and the state of unemployment in Europe. In part 2, these facts … are taken as the basis for a theoretical interpretation of the genesis and persistence of European unemployment. Part 3 …
Persistent link: https://www.econbiz.de/10009276307
fundamentals of the economy negatively and imply low growth and high unemployment. An empirical index is constructed. In the period …
Persistent link: https://www.econbiz.de/10005818927
Institutional development in new and potential member countries determines the success of both the catching-up of developing European countries and the deepening of the European integration process. This paper argues that the timing of future enlargement should depend on institutional...
Persistent link: https://www.econbiz.de/10010886914
In recent years sub-Saharan Africa, notwithstanding the global financial crisis, has increased its share in global trade and investment flows. This has led to an appreciable improvement in development levels, albeit off a small base. However, these patterns are still dominated by commodity flows...
Persistent link: https://www.econbiz.de/10010956038
This paper is intended to provide an assessment of the impact of the silent revolution (decentralization reforms) of the last three decades on moving governments closer to people to establish fair, accountable, incorruptible and responsive governance. To accomplish this, a unique data set is...
Persistent link: https://www.econbiz.de/10010956049