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What Matters for Job Finding and Separation in the Long Run? Evidence from Labor Market Dynamics in New Zealand
Zheng, Guanyu - 2022
We use the novel anonymized Household Labour Force Survey (HLFS) microdata to analyze job finding rates and job separation rates in New Zealand. We find that individual characteristics, including age, gender, ethnicity and education have a significant impact on job finding and separation rates,...
Persistent link: https://www.econbiz.de/10015060160
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Beyond the Annual Averages: Impact of Seasonal Temperature on Employment Growth in US Counties
Nguyen, Ha - 2023
Using quarterly temperature and employment data between 1990 and 2021, this paper uncovers nuanced evidence on the impact of seasonal temperature within US counties: higher winter temperature increases private sector employment growth while higher summer temperature decreases it. The impacts of...
Persistent link: https://www.econbiz.de/10015059377
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International Evidence on Recovery from Recessions
Cerra, Valerie - 2009
Although negative shocks have persistent effects on output on average, this paper shows that macroeconomic policies and the structure of the economy can influence the speed of recovery and mitigate the persistence of the shock. Indeed, monetary and fiscal stimulus and foreign aid can spur a...
Persistent link: https://www.econbiz.de/10012677840
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New Zealand Bank Vulnerabilities in International Perspective
Cubero, Rodrigo - 2009
The global financial crisis is creating stress on banking systems across the world through funding and asset quality shocks. This paper combines different stress scenarios, as well as cross-country analysis, to assess New Zealand bank vulnerabilities to the global crisis and the domestic...
Persistent link: https://www.econbiz.de/10012677875
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The Declining Importance of Tradable Goods Manufacturing in Australia and New Zealand
Hunt, Ben - 2009
In this paper, the IMF's new Global Economy Model (GEM) is used to estimate the contribution of unbalanced growth to the decline in the share of goods production in Australia and New Zealand. The simulation results suggest that faster productivity growth in the tradable goods sector in...
Persistent link: https://www.econbiz.de/10012677711
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Banking Stability Measures
Goodhart, C. A. E. - 2009
This paper defines a set of banking stability measures which take account of distress dependence among the banks in a system, thereby providing a set of tools to analyze stability from complementary perspectives by allowing the measurement of (i) common distress of the banks in a system, (ii)...
Persistent link: https://www.econbiz.de/10012677701
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Financial Innovation and Statistical Methodological Guidance-Key Considerations
Crowley, Joe - 2022
Financial risks outside of the traditional banking sector can quickly spread throughout financial systems and lead to disruptions in the real economy. A lack of adequately detailed financial sector statistics can obscure buildups of risks from policymakers and hinder their ability to effectively...
Persistent link: https://www.econbiz.de/10015060019
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Crises, labor market policy, and unemployment
Bernal Verdugo, Lorenzo Ernesto; Furceri, Davide; … - 2012
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 …
Persistent link: https://www.econbiz.de/10009572447
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The Inflation-Unemployment Trade-off at Low Inflation
Ricci, Luca Antonio - 2009
relates average unemployment to average wage inflation; the curve is virtually vertical for high inflation rates but becomes …
Persistent link: https://www.econbiz.de/10012677671
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Shocking Aspects of Canadian Labor Markets.
Swiston, Andrew - 2006
Intro -- Contents -- I. INTRODUCTION -- II. DATA AND METHODOLOGY -- III. INTERNATIONAL COMPARISONS -- IV. RESULTS ACROSS CANADIAN PROVINCES -- V. EXTENDING THE CANADIAN MODEL -- VI. CONCLUSIONS -- REFERENCES -- Data Appendix.
Persistent link: https://www.econbiz.de/10012691050