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to the reference value around 4.5%. As a result of the policy, during the last ten years unemployment in France was twice …A linear and lagged relationship between inflation, unemployment and labor force change rate, π(t)=A0UE(t-t0)+A1dLF …. The relationship obtained for France is characterized by A0=-1, A1=4, A2=0.095, t0=4 years, and t1=4 years. For GDP …
Persistent link: https://www.econbiz.de/10005835964
Persistent link: https://www.econbiz.de/10011415569
Economic growth and unemployment exhibit an ambiguous relationship – according to empirical studies. This ambiguity can …, unemployment may be absorbed by underground firms, which adopt backward technology, at the cost of reduced economic growth …. Alternatively, unemployment diminishes because productivity grows by employing workers who prefer to become skilled, and thus not to …
Persistent link: https://www.econbiz.de/10011212957
evasion and unemployment. This paper shows that the firm's decision to evade taxes also depends on trust in tax authorities …, and affects one of the most important macroeconomic variables: the unemployment rate. Also, the model is able to mimic the … and a reduction of tax evasion may decrease unemployment. …
Persistent link: https://www.econbiz.de/10011259666
, price inflation, labor force participation, productivity, and unemployment. The evolution of real GDP depends only on …
Persistent link: https://www.econbiz.de/10005260315
We have modeled the employment/population ratio in the largest developed countries. Our results show that the evolution of the employment rate since 1970 can be predicted with a high accuracy by a linear dependence on the logarithm of real GDP per capita. All empirical relationships estimated in...
Persistent link: https://www.econbiz.de/10009220106
unemployment. To this goal, we develop a Schumpeterian model of endogenous growth: agents have the choice of being employed or … being doing R&D activities. Unemployment is caused by the wage-setting behavior of unions. We show that: (i) High labor … costs or powerful trade unions lead to higher unemployment and lower economic growth. (ii) Efficient bargain allows to …
Persistent link: https://www.econbiz.de/10005787102
Using an analog of the boundary element method in engineering and science, we analyze and model unemployment rate in … force. Originally, the model linking unemployment to inflation and labor force was developed and successfully tested for … Austria, Canada, France, Germany, Japan, and the United States. Autoregressive properties of neither of these variables are …
Persistent link: https://www.econbiz.de/10005837146
policies and to study the problem of unemployment. These notes mean to provide an exhaustive introduction to the study of the …
Persistent link: https://www.econbiz.de/10008506108
debate: the link between underground employment and unemployment. While the literature is unanimous in considering … underground employment and unemployment as strongly connected and interdependent phenomena, the link between existing causality is … controversial. Two key results emerge from this analysis. The first shows that the unemployment affects (with positive sign) the …
Persistent link: https://www.econbiz.de/10008468148