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Persistent link: https://www.econbiz.de/10003448973
This paper derives alternative measures of the short-run NAIRU (SRN) for the UK, the rate for unemployment at which inflation will neither increase nor decrease in the short-run. We estimate the NAIRU jointly with price equations by using the Kalman filter. Our work suggests that both structural...
Persistent link: https://www.econbiz.de/10011517881
Die Bekämpfung der Arbeitslosigkeit genießt oberste wirtschaftspolitische Priorität - dieser Feststellung wird kaum jemand widersprechen wollen. Eher scheiden sich die Geister an der Frage nach dem "wirklichen" quantitativen Ausmaß der Unterbeschäftigung, ihren Ursachen und welche...
Persistent link: https://www.econbiz.de/10013428343
This paper is devoted to a new estimation of the non-accelerating inflation rate of unemployment (NAIRU) for the West … German Economy 1980 to 1998. The novelty of the paper is the estimation of a time-varying NAIRU for West Germany employing …
Persistent link: https://www.econbiz.de/10013428346
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Persistent link: https://www.econbiz.de/10012172002
Persistent link: https://www.econbiz.de/10003969993
This paper evaluates the impact of immigration on the labor market outcomes of natives in France over the period 1962 … immigrant share across education/experience cells and over time to identify the impact of immigration. In the Borjas (2003 …) specification, we find that a 10% increase in immigration increases native wages by 3%. However, as the number of immigrants and the …
Persistent link: https://www.econbiz.de/10008822905
affect the nature of the immigration inflow can effectively reduce native income losses and dampen adjustment dynamics in … regional labor markets. One such intervention is to distribute the inflow more evenly over time. Smaller immigration inflows …
Persistent link: https://www.econbiz.de/10011452756