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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...
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COVID-19 abruptly impacted the labor market with the unemployment rate jumping to 14.7 percent less than two months … after state governments began adopting social distancing measures. Unemployment of this magnitude has not been seen since … the Great Depression. This paper provides the first study of how the pandemic impacted minority unemployment using CPS …
Persistent link: https://www.econbiz.de/10012223833
affect inflation. Likewise, the interaction between central bank independence and coordination does not affect unemployment. …
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prototypical framework is that voters discount their memories about unemployment and inflation at a constant rate. Yet starting …
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high during 2016-2019, keeping inflation below the Reserve Bank's target band. Optimal monetary policy in 2016-2019 would …
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Up to now there was a general conviction that increasing unemployment and inflation have a negative impact on the … the Schröder government. While the results for the former show the known pattern, neither unemployment nor inflation is … price stability in Germany. -- government popularity ; popularity function ; Germany ; unemployment ; inflation …
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with simulations. Two examples based on European unemployment and inflation series are used to illustrate the virtue of the …
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