Showing 1 - 10 of 19
productivity in Algeria is associated with higher unemployment than the sample average, though recent positive terms of trade … unemployment is higher in Algeria than in other countries. The results are robust to various panel econometric methods and …
Persistent link: https://www.econbiz.de/10005248294
restrictions affects the outcome of the matching process and the natural rate of unemployment in Tunisia. The paper concludes that … the removal of firing restrictions is likely to produce a favorable but limited impact on unemployment in Tunisia. …
Persistent link: https://www.econbiz.de/10005264000
Heightened uncertainty since the onset of the Great Recession has materially increased saving rates, contributing to lower consumption and GDP growth. Consistent with a model of precautionary savings in the face of uncertainty, we find for a panel of advanced economies that greater labor income...
Persistent link: https://www.econbiz.de/10009654146
JEL Cl This study constructs a new data set on unemployment rates in Latin America and the Caribbean and then explores … the determinants of unemployment. We compare different countries, finding that unemployment is influenced by the size of … increases in unemployment over time, finding that they are caused by contractions in aggregate demand. These demand contractions …
Persistent link: https://www.econbiz.de/10009369453
Italy’s deep-rooted structural problems resulted in an unsatisfactory productivity performance and a dismal growth over the last 15 years. The global financial crisis has exacerbated these long-standing weaknesses, taking a heavy toll on Italy’s economy. With output back to its...
Persistent link: https://www.econbiz.de/10008727814
.S. experiencing a sharper rise in unemployment and, perhaps, more widespread loss of financial wealth than elsewhere in the G-7, the …
Persistent link: https://www.econbiz.de/10008561067
-term unemployment rate (which would raise equilibrium unemployment rates). However, over the medium term, we expect Canada's potential …
Persistent link: https://www.econbiz.de/10008561074
unemployment. The estimated unemployment gap is found to track well pressures on resource constraints. Moreover, the overall …
Persistent link: https://www.econbiz.de/10008561092
The output gap-which measures the deviation of actual output from its potential-is frequently used as an indicator of slack in an economy. This paper estimates the Finnish output gap using various empirical methods. It evaluates these methods against economic history and each other by a...
Persistent link: https://www.econbiz.de/10005825681
The Chinese government has recently focused on the need to increase consumption to rebalance the economy. A widely held view is that despite China's remarkably high growth, the share of consumption in total expenditure has been low and declining due to high and rising saving rate of Chinese...
Persistent link: https://www.econbiz.de/10005768788