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employment is presented. We provide some theoretical arguments which cast doubt on the standard thesis that unemployment … that a persistent lack of demand is responsible for the major part of the German unemployment problem. … und Lohn-bedingten Arbeitslosigkeit in Frage stellen. Es deutet vielmehr einiges darauf hin, dass die hohe …
Persistent link: https://www.econbiz.de/10005518253
We focus on four previous systemic financial crises that the United States has experienced since 1870. These include the crisis of 1873 (called the Great Depression until the 1930s), the 1893 crisis, the panic of 1907, and the Great Depression. Given that all of the earlier crises predate the...
Persistent link: https://www.econbiz.de/10011110861
This work is a PhD dissertation, written at the Department of Economics, McGill University. The thesis offers a new framework for inflation as a process of restructuring. Contrary to existing theories of inflation, which tend to take structure and institutions as given for the purpose of...
Persistent link: https://www.econbiz.de/10005789620
be called Embodied Human Capital Unemployment. This is a phenomenon not seen before in social history, simply because … around for a while as we all live our lives. I illustrate the relevance of this new concept of unemployment to the U … system that then existed in the world, and (c) the transition from a uni-polar world, with the U.S.A. as the single center of …
Persistent link: https://www.econbiz.de/10008596380
This paper considers the design of optimal unemployment insurance with multiple types of job. The environment is an … displays benefit� decreasing over the length of the unemployment spell. The wage tax after reemployment depends on the length … of unemployment spell. …
Persistent link: https://www.econbiz.de/10011259127
Using panel data of public unemployment expenditure as a percentage of GDP of 34 OECD nations across year 1980-2010, I … explore the effect of this ratio on three unemployment outcomes: total unemployment rate, long-term unemployment rate and … youth unemployment, as well as labor participation rate and investment rate. After taking into account potential endogeneity …
Persistent link: https://www.econbiz.de/10011260339
economy, designing unemployment insurance payments conditional on the business cycle could be valuable. This paper answers a …
Persistent link: https://www.econbiz.de/10005260330
unemployed. Starting from this observation, we ask how unemployment insurance policy should take the individual financial … situation into account. We use a quantitative model with a realistically calibrated unemployment insurance system, individual … unemployment benefits that increase with individual assets. By implicitly raising interest rates, asset-increasing benefits …
Persistent link: https://www.econbiz.de/10009651377
We examine how unemployment schemes and liquidity constraints affect re-employment probabilities and unemployment … hazard models and assess what variables are important in determining unemployment duration. Our findings suggest that even … reduce unemployment duration but they are not relevant in Finland, suggesting that these aspects are not so important in …
Persistent link: https://www.econbiz.de/10009647236
unemployment insurance systems in Germany regardless of their country of origin and age-at-entry. Moreover, the magnitudes of the …
Persistent link: https://www.econbiz.de/10005835923