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This paper examines the determinants of Italian unemployment by estimating and utilizing a structural vector autoregressive (VAR) model. Both long-run and short-run macroeconomic determinants of unemployment are examined; the latter are analyzed in much greater detail than is customary in the...
Persistent link: https://www.econbiz.de/10014398544
This paper assesses the responsiveness of wages and labor force movements to employment shocks across British and U.S. regions and across Europe using a multivariate vector autoregression technique. The paper finds inflexible real wages in all three areas in that each area’s real wage responds...
Persistent link: https://www.econbiz.de/10014398207
Our answer: Not so well. We reached that conclusion after reviewing recent research on the role of technology as a … source of economic fluctuations. The bulk of the evidence suggests a limited role for aggregate technology shocks, pointing …
Persistent link: https://www.econbiz.de/10014403910
employment protection, unemployment benefits and unemployment benefits have been the main contributors. Technology and …
Persistent link: https://www.econbiz.de/10012009975
In short, yes. I use a multi-region integrated assessment model with fuel-specific endogenous technical change to examine the impact of Europe and China reducing emissions to zero by mid-century. Without international technological diffusion this is insufficient to avoid catastrophic climate...
Persistent link: https://www.econbiz.de/10012610702
story that many ignore or claim it cannot be replicated. Using a theory and empirical evidence, we argue that one can learn …
Persistent link: https://www.econbiz.de/10012010001
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