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Countries in Transition, ACTs) has slowed already sluggish growth; worsened unemployment, particularly of youth; undermined …
Persistent link: https://www.econbiz.de/10011142081
The U.S. labor force participation rate (LFPR) fell dramatically following the Great Recession and has yet to start recovering. A key question is how much of the post-2007 decline is reversible, something which is central to the policy debate. The key finding of this paper is that while around...
Persistent link: https://www.econbiz.de/10011242381
We study the role of uncertainty shocks in explaining unemployment dynamics, separating out the role of aggregate and … measure aggregate and sectoral uncertainty and compare their effects on the unemployment rate in a standard macroeconomic … vector autoregressive (VAR) model. We find that aggregate uncertainty leads to an immediate increase in unemployment, with …
Persistent link: https://www.econbiz.de/10011242392
inflation, unemployment, government deficit, and GDP growth into a single indicator. In contrast to other indexes, the EPI does …
Persistent link: https://www.econbiz.de/10010990724
While the unemployment rate in the Baltics has fallen sharply from its crisis-peaks, it remains close to double digits …. Our main findings are that the current still elevated levels of unemployment mostly reflect structural factors. We then … turn to why structural unemployment is so high. This paper points to skill mismatches, high tax wedges, and unemployment …
Persistent link: https://www.econbiz.de/10010959461
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
inflation-unemployment process. The results provide some evidence in favor of the Lucas critique by showing that the short …-run unemployment-inflation trade-off tends to improve in countries that are successful in providing low and stable inflation. …
Persistent link: https://www.econbiz.de/10005263831
employment, unemployment, and economic growth in OECD countries. The paper examines a number of facets of tax and welfare policy …
Persistent link: https://www.econbiz.de/10005263942
, we simulate the effects of this reform on unemployment, employment, and welfare. We estimate that the CNE will lead to …
Persistent link: https://www.econbiz.de/10005263994
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