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Unemployment and Finance:How do Financial and Labour Market FactorsInteract?
Gatti, Donatella; Rault, Christophe; Vaubourg, Anne-Gael - William Davidson Institute <Ann Arbor, Mich.> - 2010
interact to determine unemployment by estimating a dynamicpanel model using the system generalized method of moments (GMM). We … well as decreased banking concentration reduce unemployment ifthe level of labour market regulation, union density and …
Persistent link: https://www.econbiz.de/10009360503
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Formal and informal labour markets: Challenges and policy in the Central and Eastern European new EU members and candidate countries
Schneider, Friedrich; Burger, Christina - 2004
The paper aims at comparing the formal and informal labour markets in the Central and Eastern European new EU Member States and candidate countries of the European Union. First, the current situation of the labour market is described, focusing on the recent developments since the breaking up of...
Persistent link: https://www.econbiz.de/10010294504
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Unemployment in the European Union: a dynamic reappraisal
Karanassou, Marika; Sala, Héctor; Snower, Dennis J. - 2002
This paper examines the movements in EU unemployment from two perspectives: a) the NRU/NAIRU perspective, in which … unemployment movements are attributed largely to changes in the long-run equilibrium unemployment rate and (b) the chain …-reaction perspective, in which unemployment movements are viewed as the outcome of the interplay between labor market shocks and prolonged …
Persistent link: https://www.econbiz.de/10010281027
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The Dynamics of External Financing
Jansson, Joakim - 2000
A dynamic process underlying firms' discrete financial choices has previously been found, but without controlling for unobserved heterogeneity, this dependence can either be of a true nature or an effect of firm-specific characteristics that we cannot observe. This study extends previous...
Persistent link: https://www.econbiz.de/10010321743
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How Banks Construct and Manage Risk : A Sociological Study of Small Firm Lending in Britain and Germany
Quack, Sigrid - 2012
This paper analyses the role of banks in financing SMEs in Britain and Germany. It applies a sociological institutionalist approach to understand how banks construct and manage risk, relating to SME business. The empirical analysis is based on the results of a comparative survey of a sample of...
Persistent link: https://www.econbiz.de/10013102832
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The impact of inflation targeting on unemployment in developing and emerging economies
Divino, Jose Angelo - 2009
targeting affect unemployment, economic growth and the output gap. The results show that inflation targeting causes no harm to … employment in developing and emerging countries. On the contrary, it might reduce average unemployment and narrow the output gap …
Persistent link: https://www.econbiz.de/10010293308
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Macroeconomic expectations of households amd professional forecasters
Carroll, Christopher D. - 2002
Economists have long emphasized the importance of expectations in determining macroeconomic outcomes Yet there has been almost no recent effort to model actual empirical expectations data; instead macroeconomists usually simply assume expectations are rational This paper shows that while...
Persistent link: https://www.econbiz.de/10010293441
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The epidemiology of macroeconomic expectations
Carroll, Christopher D. - 2001
explaining the deviations of household inflation and unemployment expectations from the rational expectations benchmark …
Persistent link: https://www.econbiz.de/10010293481
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Job search methods, intensity and success in Britain in the 1990s
Böheim, René; Taylor, Mark P - 2002
We investigate the use of various job search strategies and their impact on the probability of subsequent employment and the re-employment wage among working age men in Britain. We find that replying to advertisements and using Job Centres are the two most common methods of job search and that...
Persistent link: https://www.econbiz.de/10010294537
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Fertility and Economic Instability: The Role of Unemployment and Job Displacement
Bono, Emilia Del; Weber, Andrea; Winter-Ebmer, Rudolf - 2011
We study the effect of job displacement on fertility in a sample of white collar women in Austria. Using instrumental variables methods we show that unemploy- ment incidence as such has no negative effect on fertility decisions, but the very fact of being displaced from a career-oriented job...
Persistent link: https://www.econbiz.de/10010294869