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Rising food prices cause considerable policy dilemmas for developing country governments. Letting domestic prices … poor households lacking access to social safety nets. Alternatively, governments can use food subsidies or export …
Persistent link: https://www.econbiz.de/10008479134
In this paper, we use 1991-2005 panel data on the unemployed, vacancies, inflow into unemployment, and outflow from … unemployment in five former communist economies and in the western part of Germany (a benchmark western economy) to examine the … evolution of unemployment together with that of inflows into unemployment and vacancies. The comparison of the transition …
Persistent link: https://www.econbiz.de/10005822900
This paper examines whether a greater concentration of foreigners increases the likelihood of unemployment in local … labor markets among citizens of the European Community. It provides the results of probit equations estimating the … labor markets. The estimates show a statistically significant, but weak, negative connection between the concentration of …
Persistent link: https://www.econbiz.de/10005703023
Persistent link: https://www.econbiz.de/10003629804
distribution. The conventional method of analysis is regression of summary inequality indices on variables such as the unemployment … and inflation rates. Building on the lessons from recent advances in time-series econometrics, we suggest instead that one …
Persistent link: https://www.econbiz.de/10005703840
-run inflation-unemployment tradeoff. …
Persistent link: https://www.econbiz.de/10005822071
money growth leads to higher inflation and higher unemployment, so the long-run Phillips curve is not vertical. The optimal …In this paper, I introduce money in the standard labor-matching model (Mortensen and Pissarides 1999, Pissarides 2000 … monetary growth rate decreases with the workers’ bargaining power, the level of unemployment benefits and the payroll tax rate. …
Persistent link: https://www.econbiz.de/10005822838
model, covering a panel of EU countries, and derives the implied long-run inflation-unemployment tradeoff. Our results …
Persistent link: https://www.econbiz.de/10005566739
This paper offers a reappraisal of the inflation-unemployment tradeoff, based on "frictional growth" describing the … able to work themselves out fully. In this context, monetary shocks have a gradual and delayed effect on inflation, and … these shocks also generate plausible impulse-responses for unemployment. Although our theory contains no money illusion, no …
Persistent link: https://www.econbiz.de/10005761764
The Corruption Perceptions Index is constructed by the Transparency International. The Corruption Perceptions Index measures the perceived levels of public sector corruption in countries worldwide. Based on expert opinion, countries are scored from 0 (highly corrupt) to 100 (very clean). Some...
Persistent link: https://www.econbiz.de/10010945396