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. Microeconometric estimations provide evidence of an outward shift in the relationship between wages and unemployment that is …The growth rate of real hourly wages in France has fallen below the trend growth rate of total factor productivity. The … independent of changes in labor demand taxes and unemployment income …
Persistent link: https://www.econbiz.de/10014407413
developing countries been responsible for thelowered wages of the unskilled, increased unemployment, and widenedincome inequality …
Persistent link: https://www.econbiz.de/10015058164
relatively minor intervention can dramatically increase the fragility of jobs, the length of unemployment spells, as well as the … extent of unemployment and labor market churning. With institutions of the type studied here common across many different …
Persistent link: https://www.econbiz.de/10014404032
The methodology used in this paper has three distinguishing features: the natural rate of unemployment and potential …
Persistent link: https://www.econbiz.de/10014396053
The IMF Working Papers series is designed to make IMF staff research available to a wide audience. Almost 300 Working Papers are released each year, covering a wide range of theoretical and analytical topics, including balance of payments, monetary and fiscal issues, global liquidity, and...
Persistent link: https://www.econbiz.de/10014395945
United Kingdom, the euro area, and Japan during the recent crisis on interbank credit and liquidity risk premia …
Persistent link: https://www.econbiz.de/10014402377
diffusion including the role of distance. A continuous-time model is estimated on several European countries, Japan, and the …
Persistent link: https://www.econbiz.de/10014399872
the limitation of current unemployment and disability benefit schemes. The paper identifies possible strategies to …
Persistent link: https://www.econbiz.de/10011244764
Estonia has succeeded in reducing its macroeconomic imbalances and vulnerabilities, but faces the challenge of preserving its hard-earned fiscal and financial stability and enhancing long-term growth prospects. In this regard, adopting a fully fledged medium-term fiscal framework can help assess...
Persistent link: https://www.econbiz.de/10011245026
We read search theory's unemployment equilibrium condition as an Iso-Unemployment Curve(IUC).The IUC is the locus of … job destruction rates and expected unemployment durations rendering the same unemployment level. A country's position … unemployment level at which such preferences are satisfied Using a panel of 20 OECD countries over 1985-2008, we find employment …
Persistent link: https://www.econbiz.de/10009654152