Showing 1 - 10 of 74
We investigate empirically the effect of government purchases on unemployment in 20 OECD countries, for the period 1960 …-2007. Compared to earlier studies we use a data set with more variation in unemployment, and which allows for controlling for a host … unemployment; an increase equal to one percent of GDP reduces unemployment by 0.2 percentage point in the same year. The effect is …
Persistent link: https://www.econbiz.de/10010330234
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This paper examines the intergenerational correlation in unemployment in Norway and, by use of the sibling … unemployment. Confirming existing evidence, I find a substantial intergenerational correlation in unemployment. Approximately half … measures of parental unemployment. …
Persistent link: https://www.econbiz.de/10010284254
rates of unemployment during their whole prime-age work career. Building on a unique combination of micro- and macro data …
Persistent link: https://www.econbiz.de/10010284268
’ transition rates from unemployment to employment.Based on Norwegian register data from the 1989-2002 period, we show that this … indicator,in contrast to the aggregate rate of unemployment, correlates well with an expost-calculated GDP-based business cycle … unemployment rate, both at an aggregate and a disaggregate level, and hence improve policy makers ability to assess current labour …
Persistent link: https://www.econbiz.de/10010284458
Monetary developments of recent decades began with much promise with inflation targeting by independent central banks; the financial crisis of 2007 ushered in a period of great monetary instability. There are lessons for a return to more stability. Central banks need to stabilize money supply...
Persistent link: https://www.econbiz.de/10014480560
We estimate the short run effects of Brexit border disruption on the UK economy. We estimate a structural VAR for the UK where Brexit effects are identified by the dates of Brexit events, the referendum and the exit from the single market. We find evidence of short run effects of Brexit:...
Persistent link: https://www.econbiz.de/10014480601
displacement. This paper provides the first empirical evidence of the long-run effects of parental unemployment on children exposed … children exposed to parental unemployment at ages 2 to 10 experience losses of 3 to 4 rank points in average earnings … experienced during childhood, as well as unemployment-induced moves to neighourhoods with less opportunity. …
Persistent link: https://www.econbiz.de/10013286384
We estimate the relationship between investment and unemployment over the time period 1960-2015 in 20 OECD countries …. While neoclassical growth theory typically assumes full employment – with no effect of investment on unemployment – we find …: when investment fell, unemployment increased. When the time period is broken down into two sub-periods to take account of …
Persistent link: https://www.econbiz.de/10014306515