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Germany's recovery from an unemployment disease and its resilience to the Great Recession is remarkable. Its success story makes it a showcase for labor policy and labor market reforms. This paper assesses the potential of the German experience as a model for effective, evidence-based...
Persistent link: https://www.econbiz.de/10010293117
Although cross section relationships are often taken to indicate causation, and especially the important impact of economic growth on many social phenomena, they may, in fact, merely reflect historical experience, that is, similar leader-follower country patterns for variables that are causally...
Persistent link: https://www.econbiz.de/10010293135
overall to worse matches, as measured by the probability of attaining stable employment in the long-run. …
Persistent link: https://www.econbiz.de/10011401712
, and illustrate our arguments using Monte-Carlo simulations and analysis of women's employment probabilities and work hours …
Persistent link: https://www.econbiz.de/10010328911
Maddison's international panel data show that technically it was the faster growth rate of the US economy that led to its overtaking the UK as economic superpower. We explore the contributing factors. Identifying the land-grant colleges system triggered by the 1862/1890 Morrill Acts (MAs) as a...
Persistent link: https://www.econbiz.de/10011931612
This paper introduces two composite indices of globalisation. The first is based on the Kearney/Foreign Policy magazine and the second is obtained from principal component analysis. They indicate the level of globalisation and show how globalisation has developed over time for different...
Persistent link: https://www.econbiz.de/10010262026
transition period while the skill composition of employment did not. Our approach in analyzing the sources of cross …-country differences in returns to schooling is to compare the Mincerian earnings functions between the two countries and then to employ …
Persistent link: https://www.econbiz.de/10010262067
This paper examines the causal relationship between inequality and a number of macroeconomic variables frequently found in the inequality and growth literature. These include growth, openness, wages, and liberalisation. We review the existing cross-country empirical evidence on the effects of...
Persistent link: https://www.econbiz.de/10010262079
-holding, and predicted earnings differential. Cross-country variation in predicted self-employment entry rates and relative …This paper exploits the rapid rise in self-employment rates in post-communist Eastern Europe as a valuable ?quasi … are used to analyze a 1993 survey of 27,000 adults in six transition economies. Estimated selfemployment earnings premia …
Persistent link: https://www.econbiz.de/10010262299
Does a country?s level of unemployment have an impact on the long-run growth rate? Incorporating unemployment into a generalised augmented Solow-type growth model, yields some answers to this question. In particular, we show that the impact of unemployment on productivity growth heavily depends...
Persistent link: https://www.econbiz.de/10010262354