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to measure nonstandard, boundary forms and alternative definitions of employment and unemployment. Our calculations show … alternative unemployment rates that are sharply higher in Romania and moderately higher in Estonia and Russia. …
Persistent link: https://www.econbiz.de/10005116750
This paper develops a model of unemployment fluctuations. The model keeps the architecture of the Barro and Grossman … flexible to completely rigid. With some price rigidity, aggregate demand influences unemployment through a simple mechanism … thus increases labor demand, which in turn reduces unemployment. We use the comparative-statistics predictions of the model …
Persistent link: https://www.econbiz.de/10010798202
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
Persistent link: https://www.econbiz.de/10010850003
Persistent link: https://www.econbiz.de/10010850074
The Macedonian labor market exhibits a high unemployment rate, yet does not demonstrate obvious and large enough …
Persistent link: https://www.econbiz.de/10011244331
Strong macroeconomic foundations have so far largely shielded the Netherlands from recent financial turbulence. Despite a tightening labor market, inflation remains subdued. Employment has grown 1¼–1½ percent in 2007, on par with the rest of the Euro area. The external current...
Persistent link: https://www.econbiz.de/10011244374
The three-point VAT increase is part of a package in which unemployment payroll taxes will be reduced. Risks to the …
Persistent link: https://www.econbiz.de/10011244866
The Sixth Five Year Plan, as outlined in Bangladesh's Poverty Reduction Strategy Paper, targets strategic growth and employment. The medium-term macroeconomic framework plan entails the involvement of both the private and public sectors. Human resources development strategy programs reaching out...
Persistent link: https://www.econbiz.de/10011244942