Showing 1 - 8 of 8
reacts to regional employment shocks in a variety of cases. Shock responses are channelled via changes in unemployment …
Persistent link: https://www.econbiz.de/10011212754
stagnant export shares. The limited export competitiveness has hampered external demand, growth and employment. Applying, for …
Persistent link: https://www.econbiz.de/10011271994
binding credit constraint on borrowing by SMEs and hence private sector growth and employment, even though the banking sectors … productive entrepreneurship and private sector employment in Africa. …
Persistent link: https://www.econbiz.de/10009395434
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...
Persistent link: https://www.econbiz.de/10005703234
This paper presents a reappraisal of unemployment movements in the European Union. Our analysis is based on the chain reaction theory of unemployment, which focuses on (a) the interaction among labor market adjustment processes, (b) the interplay between these adjustment processes and the...
Persistent link: https://www.econbiz.de/10005703238
investigates its impact on the evolution of employment. Whilst maintaining the assumption of a unitary long-run elasticity of wages … stylised labour demand equation and show that the labour share is a driving force of employment. We substantiate our analytical … exposition by providing empirical models of wage setting and employment equations for France, Germany, Italy, Japan, Spain, the …
Persistent link: https://www.econbiz.de/10008548704
inequality and employment. To this end, we use annual data for the US, UK and Sweden over the past forty years and estimate … contributions of the labour share to the trajectories of inequality and employment during specific time intervals in the post-1990 … years. We find that during the nineties the cost of a one percent increase in employment was in the range of 0 …
Persistent link: https://www.econbiz.de/10009147295
growth and employment in export sectors, we have not found that undervaluation would raise it. Replacing the multicurrency …
Persistent link: https://www.econbiz.de/10010891170