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Counteracting unemployment in crises : non-linear effects of short-time work policy
Gehrke, Britta; Hochmuth, Brigitte - 2018
Short-time work is a labor market policy that subsidizes working time reductions among firms in financial difficulty to prevent layoffs. Many OECD countries have used this policy in the Great Recession. This paper shows that the effects of short-time work are strongly time dependent and...
Persistent link: https://www.econbiz.de/10011845664
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The recovery from the Great Recession: a long, evolving expansion
Shambaugh, Jay C.; Strain, Michael R. - 2021
Prior to 2020, the Great Recession was the most important macroeconomic shock to the United States economy in …, the economy contracted by more than it had since the Great Depression. A slow and steady recovery followed the Great …
Persistent link: https://www.econbiz.de/10012405441
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Monetary policy, growth and employment in developing areas : a review of the literature
Junankar, Pramod N. - 2019
of economic growth and the initial state of the economy. Although growth may lead to increasing employment (formal and …
Persistent link: https://www.econbiz.de/10011988624
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The impact of government spending on GDP in a remitting country
Al-Abri, Almukhtar S.; Genc, Ismail H.; Naufal, George - 2018
The literature on remittances is large and growing. However, its focus has mainly been on the effects of remittance inflows on the receiving economies. Little has been done on the sending economies. In this paper, we use data from Saudi Arabia, one of the top remitting countries in the world, to...
Persistent link: https://www.econbiz.de/10011881574
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What factors influence firm perceptions of labour market constraints to growth in the MENA region?
Fakih, Ali; Ghazalian, Pascal L. - 2015
Labour market constraints constitute prominent obstacles to firm development and economic growth of countries located in the Middle East and North Africa (MENA) region. This paper aims at examining the implications of firm characteristics, national locations, and sectoral associations for the...
Persistent link: https://www.econbiz.de/10011347186
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Effectives of monetary policy under the high and low economic uncertainty states: evidence from the major Asian economies
Balcilar, Mehmet; Ozdemir, Zeynel Abidin; Ozdemir, Huseyin - 2021
This study examines the monetary policy effectiveness of five major Asian countries (China, Hong Kong, India, Japan, and South Korea) using a quantile vector autoregression (QVAR) model-based spillover estimation approach of Balcilar et al. (2020b) at different quantile paths. To do this, we...
Persistent link: https://www.econbiz.de/10012549189
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Growth with equity : income inequality in Vietnam, 2002-14
Benjamin, Dwayne; Brandt, Loren; McCaig, Brian - 2016
We use the 2002 through 2014 Vietnam Household Living Standards Surveys to construct comparable measures of household … growth been distributed; and do changes in the structure of the economy map into changes in inequality? We explore dimensions …
Persistent link: https://www.econbiz.de/10011594144
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Rapid economic growth but rising poverty segregation : will Vietnam meet the SDGs for equitable development?
Dang, Hai-Anh H.; Dhongde, Shatakshee; Minh Do; Cuong … - 2023
Vietnam is widely regarded as a success story for its impressive economic growth and poverty reduction in the last few … extensive province-level data from the Vietnam Household Living Standards Surveys (VHLSSs) for every alternate year between 2002 … suggest that policy makers in Vietnam should focus on reducing spatial disparities and income inequality in order to attain …
Persistent link: https://www.econbiz.de/10013540743
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Labor market policy evaluation in equilibrium : some lessons of the job search and matching model
Cahuc, Pierre (contributor);  … - 2008
We analyze the consequences of counseling provided to job seekers in a standard job search and matching model. It turns out that neglecting equilibrium effects induced by counseling can lead to wrong conclusions. In particular, counseling can increase steady state unemployment although counseled...
Persistent link: https://www.econbiz.de/10003755519
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Can training programs or rather wage subsidies bring the unemployed back to work? : a theoretical and empirical investigation for Germany
Neubäumer, Renate - 2010
Our paper investigates the relative effects of wage subsidies and further vocational training on the subsequent employment prospects of previously unemployed program participants. First, we outline a theoretical approach based on a firm's hiring decision. For the relative effectiveness of both...
Persistent link: https://www.econbiz.de/10003950725