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natural rate of unemployment. In addition, because of differential inflation across countries, real exchange rates become …
Persistent link: https://www.econbiz.de/10005666792
In this paper firm level data are used to test whether competition affects productivity performance in three transition … pressure has a positive impact on firm performance in Hungary and Slovenia, but not in Romania, while in Romenia short …-run competitive pressure has a positive impact on performance. The paper also finds evidence that ownership matters. Traditional firms …
Persistent link: https://www.econbiz.de/10005498145
This paper is based on presentation given at the June 2011 Conference of the Centre for Growth and Business Cycle Research at the University of Manchester. It reviews key features of the 2007-08 financial crisis, the subsequent 'great recession' and the European public debt problems; in the...
Persistent link: https://www.econbiz.de/10011083899
Persistent link: https://www.econbiz.de/10004971367
We analyze the impact of product market competition on unemployment and wages, and how this depends on labour market … competition. We find that increased product market competition reduces unemployment, and that it does so more in countries with …. We also find that the effect of increased competition on real wages is beneficial to workers, but less so when they have …
Persistent link: https://www.econbiz.de/10005114481
: a retirement account (covering pensions), an unemployment account (covering unemployment support), a human capital … reducing unemployment, encouraging labour force participation, promoting skills, reducing governments’ budgetary pressures …
Persistent link: https://www.econbiz.de/10005661484
This paper reports results form a microeconomic analysis of unemployment durations. The results indicate a significant …
Persistent link: https://www.econbiz.de/10004971308
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