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An income gap theory and its effects on unemployment and economic growth
De Koning, Kees - Volkswirtschaftliche Fakultät, … - 2013
An Income Gap Theory and it effects on Unemployment and Economic Growth By Drs Kees De Koning Abstract An income gap is …
Persistent link: https://www.econbiz.de/10011259057
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Growth, Unemployment and Tax/Benefit system in European Countries
Quintero-Rojas, Coralia; Adjemian, Stéphane; Langot, … - Volkswirtschaftliche Fakultät, … - 2008
unemployment. To this goal, we develop a Schumpeterian model of endogenous growth: agents have the choice of being employed or … being doing R&D activities. Unemployment is caused by the wage-setting behavior of unions. We show that: (i) High labor … costs or powerful trade unions lead to higher unemployment and lower economic growth. (ii) Efficient bargain allows to …
Persistent link: https://www.econbiz.de/10005787102
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How do Labor Market Institutions affect the Link between Growth and Unemployment: the case of the European countries
Adjemian, Stéphane; Langot, François; Quintero-Rojas, … - In: European Journal of Comparative Economics 7 (2010) 2, pp. 347-371
unemployment. To this goal, we develop a schumpeterian model of endogenous growth: agents have the choice between employment and R … and D activities. Unemployment is caused by the wage-setting behavior of unions. We show that: (i) Increases in the labor … costs or in the power of trade unions lead to higher unemployment and lower economic growth. (ii) Efficient bargain allows …
Persistent link: https://www.econbiz.de/10008837910
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The United States: An Economic Balance Sheet Analysis
De Koning, Kees - Volkswirtschaftliche Fakultät, … - 2012
The U.S financial crisis started in October 2005. The level of new home starts would have replaced the total owner occupied housing stock in 37 years. Much faster than desirable. Mortgage interest rates also went up in same month. In 2006 mortgage lending went on unabated, but housing values did...
Persistent link: https://www.econbiz.de/10011110907
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About winners and losers: the Euro Area example
De Koning, Kees - Volkswirtschaftliche Fakultät, … - 2014
In economic life, like in all walks of life, there are always winners and losers. The losers are the unemployed, often the young, the low-income earners, the individual households who lose their home due to repossession for non-payment of debt, the households who have no or a low savings level...
Persistent link: https://www.econbiz.de/10011112321
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The evil force of borrowing and the weakness of Quantitative Easing
De Koning, Kees - Volkswirtschaftliche Fakultät, … - 2015
The U.S. housing market crash in 2007-2008 was not caused overnight by an over-supply of new homes that could not be sold. It was caused by the new money flows into mortgages ever since 1998. What changed in 1998 was that mortgage funds were not only used for building new homes at a price in...
Persistent link: https://www.econbiz.de/10011163523