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Okun's law: evidence for the Brazilian economy
Tombolo, Guilherme Alexandre; Hasegawa, Marcos Minoru - Volkswirtschaftliche Fakultät, … - 2014
In this article we seek to estimate the Brazilian “Okun’s law” with quarterly data ranging from 1980Q1 until 2013Q3. Considering the typical Okun's relationship, Δu=α-βg_y, where β is the Okun coefficient, we have obtained estimates of β between -0.1878 and -0.2055, such values are in...
Persistent link: https://www.econbiz.de/10011112841
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Development of System Dynamic Model of Latvia’s Economic Integration in the EU
Skribans, Valerijs - Volkswirtschaftliche Fakultät, … - 2011
investments, reduced unemployment and increased labor migration. In the paper the system dynamics model, which describes …
Persistent link: https://www.econbiz.de/10009367975
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Output, unemployment and Okun’s law in the Dominican Republic
Sánchez-Fung, José R. - Volkswirtschaftliche Fakultät, … - 2015
every 1 percent growth in real output the unemployment rate decreases 0.5 percentage points. But recursive modelling reveals … rate of real output growth consistent with stable unemployment is 4.5% per annum. …
Persistent link: https://www.econbiz.de/10011265684
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Latvia’s incoming in European Union economic effect estimation
Skribans, Valerijs - Volkswirtschaftliche Fakultät, … - 2010
structural and cohesion funds, removed the trading barriers, increases foreign investments, reduced unemployment, increased labor …
Persistent link: https://www.econbiz.de/10009216353
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Employment, unemployment and real economic growth
Kitov, Ivan; Kitov, Oleg - Volkswirtschaftliche Fakultät, … - 2011
We have modeled the employment/population ratio in the largest developed countries. Our results show that the evolution of the employment rate since 1970 can be predicted with a high accuracy by a linear dependence on the logarithm of real GDP per capita. All empirical relationships estimated in...
Persistent link: https://www.econbiz.de/10009220106
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Increasing returns and stability
Kakarot-Handtke, Egmont - Volkswirtschaftliche Fakultät, … - 2011
Increasing returns are an incontrovertible fact since Adam Smith hailed them as the very originators of wealth, yet they play havoc with general equilibrium. They fit, in marked contrast, nicely into the structural axiomatic framework. This indicates that it is worthwhile to replace the...
Persistent link: https://www.econbiz.de/10009278289
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Re-evaluating Okun's law in South Africa: A nonlinear co-integration approach
Phiri, Andrew - Volkswirtschaftliche Fakultät, … - 2014
framework. Contrary to conventional theory, the results show that unemployment granger causes economic growth in the long-run, a … the long run may not cause a decrease in the unemployment rate yet a decrease in the unemployment rate will lead to … increases in output growth. Secondly, these results further highlight the importance of labour market policies in improving …
Persistent link: https://www.econbiz.de/10011111741
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European Union Economy System Dynamic Model Development
Skribans, Valerijs - Volkswirtschaftliche Fakultät, … - 2012
The formation of the European Union (EU) is the one of the biggest political – economic events of the last 50 years. The aim of this study is to develop EU economy functioning system dynamic model. Main research method is system dynamics. General scheme of EU economy system dynamic model is...
Persistent link: https://www.econbiz.de/10011259562
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Latvijas iestāšanās Eiropas Savienībā ekonomiskā efekta novērtēšana
Skribans, Valerijs - Volkswirtschaftliche Fakultät, … - 2010
Latvia the rate of unemployment has decreased, the wages are grown, expenses on a labour that has grown, that reduced an …
Persistent link: https://www.econbiz.de/10008855257
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Análisis del impacto social de las inversiones públicas en infraestructuras. La huella social
Pegnalver, Domingo - Volkswirtschaftliche Fakultät, … - 2013
infrastructure and its relation to the right to decent work, GDP, inflation and the unemployment rate is the pillar on which this …
Persistent link: https://www.econbiz.de/10011260387