Showing 1 - 10 of 355
. Employment has been rising, but the labor force expanded even more, resulting in higher unemployment mostly among vulnerable …
Persistent link: https://www.econbiz.de/10011242460
financial crisis. Economic growth in Sweden has been moderate since global financial crisis of 2008–2009. The IMF report … posits that with potential growth moderately weaker and the natural rate of unemployment to remain elevated, policies should … of Swedish international banking groups are expected to benefit borrowers not only in Sweden but across the region. …
Persistent link: https://www.econbiz.de/10011245387
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
The ongoing demographic changes will bring about a substantial shift in the size and the age composition of the population, which will have significant impact on the global economy. Despite potentially grave consequences, demographic changes usually do not take center stage in many macroeconomic...
Persistent link: https://www.econbiz.de/10011123847
Denmark, Finland, Norway, and Sweden form a tightly integrated region which has strong ties with the euro area as well … independent monetary policy, and Denmark and Norway are net energy exporters while Finland and Sweden are energy importers. We …
Persistent link: https://www.econbiz.de/10011242239
This paper analyzes the transmission of shocks and policies among and across the Nordic economies and the rest of the world. This spillover analysis is based on a pair of estimated structural macroeconometric models of the world economy, disaggregated into thirty five national economies. We find...
Persistent link: https://www.econbiz.de/10010790263
The synchronized disinflation across Europe since end-2011 raises the question of whether non-euro area EU countries are affected by the undershooting of the euro area inflation target. To shed light on this issue, we estimate an open-economy, New Keynsian Phillips curve, in which we control for...
Persistent link: https://www.econbiz.de/10010959481
Persistent link: https://www.econbiz.de/10005771353
Persistent link: https://www.econbiz.de/10005605509