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pulls many households supporting them into poverty. We also show that the household formation responses draw some unemployed …
Persistent link: https://www.econbiz.de/10011399582
report substantial poverty reductions from state and federal EZs, as well as improvements in other labor market outcomes. In … poverty. More generally, we find that both state and federal EZs appear to be endogenously selected based on prior changes in … poverty and other labor market outcomes. Once we account for this selection, much of the evidence that state and federal EZs …
Persistent link: https://www.econbiz.de/10012050950
This paper examines empirically the interaction between immigration and host country economic conditions. We employ panel VAR techniques to use a large annual dataset on 22 OECD countries over the period 1987-2009. The VAR approach allows to addresses the endogeneity problem by allowing the...
Persistent link: https://www.econbiz.de/10009766677
We investigate the relationship between unemployment and growth in China. We find considerable differences in the …
Persistent link: https://www.econbiz.de/10010189833
I construct and analyze a growth model in which technical change can increase unemployment. I first analyze the forces … interaction generates a balanced growth path that is observationally equivalent to that of the standard neoclassical growth model …, this change leads to faster growth in output per worker and wages, but it also yields higher unemployment and a lower labor …
Persistent link: https://www.econbiz.de/10014583789
This paper provides new estimates of Okun’s unemployment-output relationship in euro area countries between 1979 and 2019. We find our structural estimates are stable but substantially lower than the reduced-form estimates that tend to characterise the literature and that the responsiveness of...
Persistent link: https://www.econbiz.de/10015052585
This paper examines the causality relationship between immigration, unemployment and economic growth of the host … (France, Iceland, Norway and the United Kingdom), growth positively causes immigration, whereas in any country, immigration … does not cause growth. -- immigration ; growth ; unemployment ; Granger causality …
Persistent link: https://www.econbiz.de/10009734829
This paper examines the behaviour of the Irish labour market during the 1990s. Over the course of the decade the Irish unemployment rate fell from the highest to the lowest in the EU. Over the same period a record number of jobs was created and all the indicators suggest that full employment was...
Persistent link: https://www.econbiz.de/10011514165
employment threshol d is defined as that growth rate of output which is necessary to keep employment constant despite the … leads to a reduction of the output growth which is necessary for an increase in employment. …
Persistent link: https://www.econbiz.de/10009781535
Recent studies found evidence for nominal wage rigidity during periods of relatively high nominal GDP growth. It has … been argued, however, that in an environment with low nominal GDP growth, when nominal wage cuts become customary, workers … valid nominal wage rigidities are largely irrelevant because in a high-growth environment there is little need to cut …
Persistent link: https://www.econbiz.de/10009781613