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Worksharing is considered by many as a promising public policy to reduce unemployment. In this paper we present a … evidence for the proposition that worksharing would promote employment or reduce unemployment. In an appendix we present an …
Persistent link: https://www.econbiz.de/10011090366
The development of the unemployment rate di¤ers substantially between OECD countries.In this paper we investigate to …
Persistent link: https://www.econbiz.de/10011091593
The paper focuses on labor and product market deregulations, as fundamental elements in the passage from an investment to an innovation-based economy.The approach undertaken is prominently empirical.After a very brief description of the regulatory levels on the two sides of the Atlantic, we take...
Persistent link: https://www.econbiz.de/10011091848
The development of the unemployment rate differs substantially between OECD countries. In recent years some countries … experienced a mild increase, other countries had a stable unemployment rate, while there are also 'successful' countries in which … the unemployment rate decreased a lot. A common feature of the successful countries is that they implemented a …
Persistent link: https://www.econbiz.de/10011091911
among firms affects simultaneously growth and unemployment. On the one hand, an increase of the elasticity of substitution …
Persistent link: https://www.econbiz.de/10011092234
consequence of this distortion is the coming about of wait unemployment, i.e., unemployed queuing for high-paid jobs. Employment …
Persistent link: https://www.econbiz.de/10011092828
Macroeconomic performance in the Economic and Monetary Union (EMU) will be impaired if macroeconomic shocks are largely asymmetric, fiscal policy flexibility is limited, goods markets adjust sluggishly, labour mobility is low and automatic stabilization from federal taxes and government spending...
Persistent link: https://www.econbiz.de/10011092163
Persistent link: https://www.econbiz.de/10011092342
We develop a generalized production framework with endogenous “production techniques” that serve to organize raw factor inputs in an efficient manner. We establish a positive relationship between production flexibility and cost efficiency. By allowing firms to differ in technology...
Persistent link: https://www.econbiz.de/10011099373
standard-Calvo-wages - amplifies the macroeconomic output fluctuations resulting from a technology shock whereas it mitigates … the output fluctuations following a monetary tightening. …
Persistent link: https://www.econbiz.de/10011220495