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This article presents empirical evidence about the relationship between job openings and unemployment through a … model show that the elasticity of unemployment with respect to job openings is statistically significant and positive. This …
Persistent link: https://www.econbiz.de/10005176751
The elasticity of labor supply to real wages has broad and significant implications to understanding economic fluctuations and to evaluating the effects of economic policies. Recent literature emphasizes the importance of distinguishing between uncompensated and intertemporal elasticities,...
Persistent link: https://www.econbiz.de/10005009873
This paper discusses the negative effect that inheritances, gifts or lotteries (which usually can be thought of as fortuitous profits) have on labor participation. This effect is also known in the literature as the Carnegie hypothesis. In order to analyze this effect, this paper considers women...
Persistent link: https://www.econbiz.de/10005464623
exposition in the subject, making emphasis in his contributions to the short-run analysis of unemployment, wages and prices in … unemployment, looking at the use of concepts like involuntary unemployment, macroeconomic equilibrium and imperfect information … incomplete and imperfect, and that his hypothesis tumbles down if the natural rate of unemployment is endogenous and changes with …
Persistent link: https://www.econbiz.de/10005464636
This article analyzes the monetary and institutional impacts of the domestic public debt in 19th century Colombia. It shows the nature of this debt and its evolution so as to ultimately sketch one side of the institutional matrix of that century. The article draws upon the New Economic...
Persistent link: https://www.econbiz.de/10005464612
This paper studies the efectivity of search methods in the colombian labor market. The empirical analysis is uses the 2003 survey of life quality. More frequently used methods are the informal ones; i.e. informal economic activities are reflected in the informality of search methods. Formal...
Persistent link: https://www.econbiz.de/10005464620