Showing 1 - 6 of 6
This paper documents some of the patterns in modern microeconomic data on young people’s employment, attitudes and entrepreneurial behaviour. Among other sources, the paper uses the Eurobarometer Surveys; the Labour Force Surveys from Canada and the Current Population Survey in the United...
Persistent link: https://www.econbiz.de/10003571667
According to the well-being measure known as the U.N. Human Development Index, Australia now ranks 3rd in the world and higher than all other English-speaking nations. This paper questions that assessment. It reviews work on the economics of happiness, considers implications for policymakers,...
Persistent link: https://www.econbiz.de/10002815403
This paper summarizes evidence for the existence of a wage curve a downward-sloping relationship between the level of …. Its elasticity is approximately -0.1. -- wage determination ; unemployment ; wage curve ; Philips curve …
Persistent link: https://www.econbiz.de/10003391949
This paper focuses particularly on youth unemployment, why we should be concerned about it, why it is increasing again, how the present difficulties of young people entering the labour market differ from those of the past and what useful lessons have been learned that may guide future policy. We...
Persistent link: https://www.econbiz.de/10009259469
This paper provides evidence for the existence of a wage curve - a micro-econometric association between the level of … countries, the wage curve in the United States has a long-run elasticity of approximately -0.1. In line with the paper … unemployment. We conclude that it is reasonable to view the wage curve as an empirical law of economics. -- wages ; unemployment …
Persistent link: https://www.econbiz.de/10003121052
Central bankers are raising interest rates on the assumption that wage-push inflation may lead to stagflation. This is … for wage growth are the non-employment rate and the under-employment rate. Both are high and act as brakes on wage growth …
Persistent link: https://www.econbiz.de/10013448558