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We document the consequences of real exchange rate movements for the employment, hours, and hourly earnings of workers in manufacturing industries across individual states. Exchange rates have statistically significant wage and employment implications in these local labor markets. The importance...
Persistent link: https://www.econbiz.de/10014193865
increased government purchases crowd out private consumption? 2) do increased government purchases reduce unemployment? Farmer … also reduce unemployment …
Persistent link: https://www.econbiz.de/10013134828
of real shocks. Consequently, more advanced economies should have higher unemployment rates and be more prone to crisis …
Persistent link: https://www.econbiz.de/10013135410
which there are multiple equilibrium unemployment rates. The model has two equations in common with the new-Keynesian model …
Persistent link: https://www.econbiz.de/10013136024
Every year has large demand and supply shifts associated with the seasons, regardless of the phase of the business cycle. Based on measures dating back to the 1940s, the seasonal shifts reject the hypotheses that demand shifts affect employment outcomes significantly more in recession years than...
Persistent link: https://www.econbiz.de/10013138313
countries experiencing larger increases in unemployment and where credit growth during the pre-crisis period was more rapid …
Persistent link: https://www.econbiz.de/10013138322
--measured with unemployment rates--and environmental concern. Building on recent research that finds internet search terms to be … useful predictors of health epidemics and economic activity, we find that an increase in a state's unemployment rate … decreases Google searches for "global warming" and increases searches for "unemployment," and that the effect differs according …
Persistent link: https://www.econbiz.de/10013139745
. Government incentives to production may alleviate high unemployment in this economy, but at the cost of exacerbating sclerosis …
Persistent link: https://www.econbiz.de/10013139984
and Sweden). We conduct inference with mixed frequency data, combining quarterly series for unemployment, vacancies, GDP …, consumption, and investment, with annual data on unemployment flows. Parameters and shocks are estimated separately for each … country, which can then vary in terms of search and hiring costs, workers' bargaining power, unemployment benefits levels …
Persistent link: https://www.econbiz.de/10013114011
This paper explores the interaction between fiscal policy and unemployment. It develops a dynamic economic model in … which unemployment can arise but can be mitigated by tax cuts and public spending increases. Such policies are fiscally … determination of fiscal policy and unemployment in long run equilibrium. Outcomes with both a benevolent government and political …
Persistent link: https://www.econbiz.de/10013118844