differences. Arguably, this shortcoming is rooted in the lack of an appropriate MIMIC model which considers cointegration among … variables. This paper develops a MIMIC model which estimates the cointegration equilibrium relationship and the error correction …

and a secret saving device on solidarity in risk-sharing groups among rural villagers in the Philippines. Risk is …

This paper analyses the potential impacts of introducing unemployment insurance (UI) in middle income countries using … the case of Malaysia, which today does not have such a system. The analysis is based on a job search model with … unemployment and three employment sectors: formal and informal wage employment, and self employment. The parameters of the model …

This article explores the long-run relationship between unemployment rate and labor force participation rate in Canada …. The cointegration analysis vindicates the existence of a long-run relationship between these two variables. This finding … leads us to doubt the pertinence of the unemployment invariance hypothesis for Canada. This is consistent with the empirical …

differences. Arguably, this shortcoming is rooted in the lack of an appropriate MIMIC model which considers cointegration among … variables. This paper develops a MIMIC model which estimates the cointegration equilibrium relationship and the error correction …

In this paper fiscal policy is examined for an open economy characterised by unemployment due to efficiency wages. We …

In this study we examine the contribution of severance pay to employment and unemployment development using data on …-varying labor market institutions. While the positive effect of severance pay on unemployment garners some support, there is no real …

During the nineties, unemployment has fallen in a number of European countries while it has remained high in others … the unemployment problem. Some speculative thoughts are offered as to why those factors might be more stringent in … countries where unemployment remained high. …