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disadvantaged workers can increase the unemployment rate and decrease workers? output. JEL Classification: E24, J64, J68, Z13. …
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<titre traitementparticulier="non">Abstract</titre> In non-union models, there is an ambiguous relationship between collusion on the product market and the resulting impact on the labour market. We can derive some conclusions by assuming a dual labour market with qualified and unqualified workers and taking into account the efficiency...
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With the current sovereign debt crisis, the incompleteness of economic integration in the Economic and Monetary Union (EMU) has become patent, leading to an intense debate among academics and policy makers. Much of the debate concerns fiscal rules and austerity measures, both of which weigh on...
Persistent link: https://www.econbiz.de/10011187363
Since 2008, the euro area unemployment rate has increased constantly, while this economy?s GDP was the same at the end … simultaneous declines in growth and employment. However, the existence of such a process requires unemployment to have a …
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