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evidence in favor of the ones that allow for the possibility that the economy has experienced recurrent breaks. The recession … indicate the importance of considering recurrent breaks for monitoring business cycles. …
Persistent link: https://www.econbiz.de/10005014744
In this paper we propose panel cointegration tests allowing for breaks and cross-section dependence based on the … most individual tests, that the hypothesis of a long-run relationship with breaks is compatible with the data …
Persistent link: https://www.econbiz.de/10005835454
A well-established result in the theoretical literature on labour market flexibility is that the employment should be more volatile in "flexible" labour markets. Over the last 35 years, Italy gives a good example of a transition from an over-regulated labour market into a quite more flexible...
Persistent link: https://www.econbiz.de/10005836493
with understanding the relationship between the number of structural breaks in the data and the nature of the resource … in many cases stationary and subject to a number of structural breaks. These results indicate that a deterministic model …
Persistent link: https://www.econbiz.de/10005108459
A well-established result in the theoretical literature on labour market flexibility is that the employment should be more volatile in "flexible" labour markets. Over the last 35 years, Italy gives a good example of a transition from an over-regulated labour market into a quite more flexible...
Persistent link: https://www.econbiz.de/10011114475
The paper analyzes the lessons and potential poverty impacts involved in the application of approaches for building socially inclusive, decentralized and spatially accented approaches to rural (and rural-urban) economic development in South Africa and other experiences making a preliminary...
Persistent link: https://www.econbiz.de/10008684913
covering the period from 1991 to 2010. We find a negative effect of the unemployment rate on the divorce rate, pointing to a … characteristics that can vary by country, and/or over time. Results indicate that a one-percentage-point increase in the unemployment … possible non-parametric pattern, confirms a clearly negative relationship between unemployment and divorce in European …
Persistent link: https://www.econbiz.de/10011210485
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
unemployment rate are mixed. This study analyzes the relationship between employment protection legislation measured by the OECD … Employment Protection Index and the unemployment rate between 2001 and 2008. After controlling country fixed effects, I find that … more stringent employment protection legislation may not be a significant factor for higher a unemployment rate. The …
Persistent link: https://www.econbiz.de/10011213865
The relation of the Greek employment policy to the European one, as it was formulated within EES and the Lisbon strategy, was a particular one. The Greek employment policy fully adopted the form, the structure and the discourse of the EES but it was only marginally influenced by the “way of...
Persistent link: https://www.econbiz.de/10011271693