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[eng] This article studies the long-term relationship between labor productivity growth and unemployment. Measures of co-movements in the frequency domain indicate that the relationship is strongly negative for the seven countries studied : United States, Canada, Japan, United Kingdom, France,...
Persistent link: https://www.econbiz.de/10010978237
[eng] This review of the literature presents the main tools and results of research at the crossroads between finance and macroeconomics. The literature seeks to jointly analyze the economic cycle and fluctuations in financial-asset prices. Our article follows this approach : we offer a critical...
Persistent link: https://www.econbiz.de/10010978353
[eng] The authors use two general-equilibrium models to assess the quantitative and dynamic impact of “ social VAT”, i.e., a tax reform that would substitute a value-added tax for employers’ social contributions. The first model is a Walrasian model with no frictions other than...
Persistent link: https://www.econbiz.de/10011147304