Showing 1 - 6 of 6
cyclical fluctuations are typical for both nominal and real variables, e.g. inflation and unemployment. …
Persistent link: https://www.econbiz.de/10010285597
We investigate empirically the effect of government purchases on unemployment in 20 OECD countries, for the period 1960 …-2007. Compared to earlier studies we use a data set with more variation in unemployment, and which allows for controlling for a host … unemployment; an increase equal to one percent of GDP reduces unemployment by 0.2 percentage point in the same year. The effect is …
Persistent link: https://www.econbiz.de/10010330234
This paper examines the intergenerational correlation in unemployment in Norway and, by use of the sibling … unemployment. Confirming existing evidence, I find a substantial intergenerational correlation in unemployment. Approximately half … measures of parental unemployment. …
Persistent link: https://www.econbiz.de/10010284254
We model the exchange rate market for a country that initially follows a band policy, as a four-stage sequential game of complete information, where a stochastic shock is realized in the last stage. Given a fixed cost of leaving the band, we show that three types of equilibria may exist,...
Persistent link: https://www.econbiz.de/10010284433
declining unemployment are important to identify assimilation effects on immigrant earnings. We show that this is the case for … that local labour market conditions impact the rate of the earnings assimilation. We interpret the effect of unemployment …
Persistent link: https://www.econbiz.de/10010284468
by a negative trend in unemployment in the data. Relating immigrant and native period effects to local labor market … unemployment, we find that wage assimilation among lesser-educated immigrants is negligible and that the immigrant-native wage gap … is strongly increasing in unemployment. For highly educated immigrants, rates of wage assimilation during early years in …
Persistent link: https://www.econbiz.de/10010284479