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An institutional trap emerges in the gap between actual wage rate in Ukraine and the wage that provides the growth in working-age population. This activates the mechanism of demographic trap.
Persistent link: https://www.econbiz.de/10011260383
In modern literature, the concept of work effort is used as an additional explanation of involuntary unemployment. In particular, it is assumed that higher wages have a positive effect on work effort and this is the fundamental point of the efficiency wage models of involuntary unemployment....
Persistent link: https://www.econbiz.de/10005790349
time series models –including a deterministic trend (with structural breaks) and a stochastic trend (with and without …
Persistent link: https://www.econbiz.de/10005621962
steadily decreasing trend and fluctuations related to the change in some specific age population. The long term trend in the …
Persistent link: https://www.econbiz.de/10011259294
is found to contribute the minimum to the GDP trend under study. …
Persistent link: https://www.econbiz.de/10008533253
This paper investigates the path of genuine saving (GS) based on the perspectives of average, trend and stability. The … countries based not only on the average, but also on the trend and stability of GS path. The results of evaluating GS based on …
Persistent link: https://www.econbiz.de/10005619822
of shocks and provide policy advice to policymakers. Trend, unit root, and persistence are difficult to interpret. There …
Persistent link: https://www.econbiz.de/10005622184
This paper estimates the smoothed-GDP of Moroccan economy since 1958. We use advanced techniques, as in the public and private international organizations, such the Hodrick-smoothing Presscott and Beveridge-Nelson decomposition. The results identified and quantified, in addition to an economic,...
Persistent link: https://www.econbiz.de/10011112383
Five years ago, we found three distinct periods characterized by sustainable quasi-linear trends in the difference between the headline consumer price index (CPI) and the core CPI in the USA. Then we revealed similar behavior in the differences between the CPI and indices of various consumer...
Persistent link: https://www.econbiz.de/10011112812
The objective of this digest is to briefly present the status of population and housing censuses in Africa. Population census is the total process of collecting, compiling, evaluating, analyzing, publishing and distribution of demographic, economic and social data during a specified time, to all...
Persistent link: https://www.econbiz.de/10011113705