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Disaggregating Okun's law : a case-study for Macedonia
Andonova, Danica Unevska; Petrovska, Magdalena - 2018
unemployment that is in line with this empirical regularity and the findings for the other emerging markets and regional peers. We … European debt crisis. When investigating whether various expenditure components of GDP may cause different unemployment … improve forecasting of unemployment. …
Persistent link: https://www.econbiz.de/10011981843
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The macroeconomic effects of a carbon tax to meet the U.S. Paris Agreement target: the role of firm creation and technology adoption
Finkelstein Shapiro, Alan; Metcalf, Gilbert E. - 2021
externalities and equilibrium unemployment. Our model incorporates endogenous labor force participation and two margins of … consumption and output; a marginal increase in the unemployment and labor force participation rates; and an expansion in the … accompanied by gradual gains in output and consumption and a negligible expansion in unemployment. Critically, abstracting from …
Persistent link: https://www.econbiz.de/10012519987
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Patterns, trends and policy implications of private spending on skills development in Mexico and the United States
Székely, Miguel; Mendoza, Pamela - 2017
This paper explores families' investment in skills development through education in a high-inequality, low-education quality country such as Mexico, comparing it to a lower-inequality, higher-quality education country such as the United States. The paper uses a series of high-quality Household...
Persistent link: https://www.econbiz.de/10011661892
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Robotisation, employment and industrial growth intertwined across global value chains
Ghodsi, Mahdi; Reiter, Oliver; Stehrer, Robert; … - 2020
The global economy is currently experiencing a new wave of technological change involving new technologies, especially in the realm of artificial intelligence and robotics, but not limited to it. One key concern in this context is the consequences of these new technologies on the labour market....
Persistent link: https://www.econbiz.de/10012193762
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The US inflation-unemployment tradeoff : methodological issues and further evidence
Karanassou, Marika; Sala, Hector - 2009
chain reactions, and provides new evidence on the long-run inflation-unemployment tradeoff in the US. It is argued that … inflation/unemployment responses to money growth shocks. SVAR (structural vector autoregression) and GMM (generalised method of … and real sides of the economy are symbiotic. In the light of the significant and robust long-run inflation-unemployment …
Persistent link: https://www.econbiz.de/10003877115
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Inequality and employment sensitivities to the falling labour share
Karanassou, Marika; Sala, Hector - 2011
This paper aims at identifying the labour share (wage-productivity gap) as a major factor in the evolution of inequality and employment. To this end, we use annual data for the US, UK and Sweden over the past forty years and estimate country-specific systems of labour demand and Gini coefficient...
Persistent link: https://www.econbiz.de/10009157624
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The National Skills Qualification Framework in India: the promise and the reality
Mehrotra, Santosh K. - 2020
India's TVET system, by international standards, is at a very rudimentary level of development. TVET was a relatively neglected subject in India's educational planning, at least until the beginning of 2007. However, this changed with the 11th Plan (2007012). One dimension of this change was the...
Persistent link: https://www.econbiz.de/10012211012
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Institutions do not rule : reassessing the driving forces of economic development
Wen, Yi; Luo, Jinfeng - 2015
Persistent link: https://www.econbiz.de/10010518018
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Public-private collaboration on productive development policies in Costa Rica
Cornick, Jorge; Jimenez, Jorge; Román, Marcela - 2014
Public-private collaboration in productive development policy in Costa Rica frequently takes the form of policy co-governance: an autonomous institution in charge of policy for a particular economic sector is created, with a board of directors comprising representatives from both the public and...
Persistent link: https://www.econbiz.de/10011285641
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From institutions to financial development and growth : what are the links?
Fernández, Andrés; Tamayo, César E. - 2015
This paper presents an integrated overview of the literature linking institutions, financial development and economic … impact of institutions on growth through financial development. …
Persistent link: https://www.econbiz.de/10011290078