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may have increased unemployment. It is shown that it is likely to be so if they are associated with an increase in the …
Persistent link: https://www.econbiz.de/10012774285
We read search theory's unemployment equilibrium condition as an Iso-Unemployment Curve(IUC).The IUC is the locus of … job destruction rates and expected unemployment durations rendering the same unemployment level. A country's position … unemployment level at which such preferences are satisfied Using a panel of 20 OECD countries over 1985-2008, we find employment …
Persistent link: https://www.econbiz.de/10013110086
We present estimates of welfare by country for 2007 and 2014 using the methodology of Jones and Klenow (2016) which incorporates consumption, leisure, mortality and in equality, and we extend the methodology to include environmental externalities. During the period of the global financial crisis...
Persistent link: https://www.econbiz.de/10012929937
Tourism was one of the fastest-growing sectors before the COVID-19 pandemic, accounting for about 10 percent of global GDP. But it has also created a number of challenges including environmental degradation, especially in small island countries where the carbon footprint of tourism constitute...
Persistent link: https://www.econbiz.de/10014076818
unemployment on inflation,for given expected inflation, decreased until the early 1990s, but has remained roughly stable since then …
Persistent link: https://www.econbiz.de/10013002151
unemployment and debt. The paper illustrates in a downside scenario, how low potential growth and crisis legacies leave the euro …
Persistent link: https://www.econbiz.de/10012996031
The aim of this paper is to analyze unemployment and labor market developments in Algeria and assess the factors that … rigid labor market are the main factors behind the still high level of unemployment, particularly among the youth …. Simulation analyses, based on the results on the relation between labor market institutions and unemployment, show that …
Persistent link: https://www.econbiz.de/10013107069
The aim of this paper is to analyze the relationship between labor market flexibility and unemployment outcomes. Using … flexibility have a statistically and significant negative impact on unemployment outcomes (over unemployment, youth unemployment … and long-term unemployment). Among the different labor market flexibility indicators analyzed, hiring and firing …
Persistent link: https://www.econbiz.de/10013108619
impact on unemployment in the short term, but that this effect rapidly disappears in the medium term in countries with … with more rigid labor market institutions. These effects are even larger for youth unemployment in the short term and long …-term unemployment in the medium term. Conversely, large upfront, or gradual but significant, comprehensive labor market policies have a …
Persistent link: https://www.econbiz.de/10013108620
This paper asks how well Okun's Law fits short-run unemployment movements in the United States since 1948 and in twenty … the unemployment rate-varies substantially across countries. This variation is partly explained by idiosyncratic features …
Persistent link: https://www.econbiz.de/10013085991