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unemployment down to the minimum feasible rate which in the U.S. is most likely around 1.2%,--the rate which prevailed in 1944 and …
Persistent link: https://www.econbiz.de/10011497927
By international standards, unemployment in Sweden remained remarkably low throughout the 1970s and the 1980s. In the … early 1990s, however, the unemployment rate skyrocketed and hit double-digit levels. Unemployment remained high for several … the rise and fall of unemployment. It is argued that the steep rise in unemployment was mainly the result of a series of …
Persistent link: https://www.econbiz.de/10011507743
surrounding the effects of rule-based monetary policy on unemployment dynamics in the euro area and the US. We employ a Bayesian … policy ; model uncertainty ; Bayesian model averaging ; unemployment gap ; Taylor rule …
Persistent link: https://www.econbiz.de/10003813633
producing employment growth and in reducing unemployment than most continental-European OECD-countries. It is argued that the …
Persistent link: https://www.econbiz.de/10011398923
impact on aggregate unemployment, native- and foreign-born unemployment rates). We also find that migration is influenced by … host economic conditions (migration responds positively to host GDP per capita and negatively to host total unemployment …
Persistent link: https://www.econbiz.de/10009766677
The purpose of this paper is threefold. First, we survey the way in which the tax burden on labour has been proxied for in recent multi-country macro-economic studies. Second, we critically evaluate these proxies. Finally, we examine to what extent the conclusions of some studies change if some...
Persistent link: https://www.econbiz.de/10011507980
reducing unemployment compared to most continental European OECD countries. As a rule they have also been and are still ahead …
Persistent link: https://www.econbiz.de/10011408964
We introduce search and matching unemployment into a model of trade with differentiated goods and heterogeneous firms …-over effects of labor market institutions ; unemployment ; international trade ; search frictions ; heterogeneous firms …
Persistent link: https://www.econbiz.de/10003887183
interact to determine unemployment by estimating a dynamic panel model using the system generalized method of moments (GMM). We … as well as decreased banking concentration reduce unemployment if the level of labour market regulation, union density …-based finance are crucially tied to the labour market context. -- unemployment ; institutional complementarities and …
Persistent link: https://www.econbiz.de/10003923648
This paper examines the causality relationship between immigration, unemployment and economic growth of the host … 1980-2005 period for 22 OECD countries, we find that, only in Portugal, unemployment negatively causes immigration, while … in any country, immigration does not cause unemployment. On the other hand, our results show that, in four countries …
Persistent link: https://www.econbiz.de/10009734829