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he COVID-19 pandemic calls for a collective response at the global and regional level. Otherwise, some nations may be left behind and the potential for the contagion to return remains high. As advanced regional blocs, the EU and ASEAN have a major responsibility to their members for coordinating...
Persistent link: https://www.econbiz.de/10013238678
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This paper asks how well Okun's Law fits short-run unemployment movements in the United States since 1948 and in twenty … the unemployment rate-varies substantially across countries. This variation is partly explained by idiosyncratic features …
Persistent link: https://www.econbiz.de/10010397783
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
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
explaining the deviations of household inflation and unemployment expectations from the rational expectations benchmark …
Persistent link: https://www.econbiz.de/10010293481
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
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
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