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The Rise and Fall of Swedish Unemployment

Holmlund, Bertil - 2003

By international standards, unemployment in Sweden remained remarkably low throughout the 1970s and the 1980s. In the early 1990s, however, the unemployment rate skyrocketed and hit double-digit levels. Unemployment remained high for several years but exhibited a marked fall from 1997 and...

Persistent link: https://www.econbiz.de/10010321578

Fiscal policy effectiveness: Lessons from the Great Recession

Tcherneva, Pavlina R. - 2011

This paper reconsiders fiscal policy effectiveness in light of the recent economic crisis. It examines the fiscal policy approach advocated by the economics profession today and the specific policy actions undertaken by the Bush and Obama administrations. An examination of the labor market...

Persistent link: https://www.econbiz.de/10010281710

Reorienting fiscal policy after the great recession

Tcherneva, Pavlina R. - 2012

The paper evaluates the fiscal policy initiatives during the Great Recession in the United States. It argues that, although the nonconventional fiscal policies targeted at the financial sector dwarfed the conventional countercyclical stabilization efforts directed toward the real sector, the...

Persistent link: https://www.econbiz.de/10010318645

Unemployment: The silent epidemic

Tcherneva, Pavlina R. - 2017

This paper examines two key aspects of unemployment-its propagation mechanism and socioeconomic costs. It identifies a key feature of this macroeconomic phenomenon: it behaves like a disease. A detailed assessment of the transmission mechanism and the existing pecuniary and nonpecuniary costs of...

Persistent link: https://www.econbiz.de/10011784685

Gender inequality in a globalizing world

Seguino, Stephanie - 2005

Emphasis on market-friendly macroeconomic and development strategies in recent years has resulted in deleterious effects on growth and well-being, and has done little to promote greater gender equality. This paper argues that the example of East Asia states, which recognized their position as...

Persistent link: https://www.econbiz.de/10010330090

Trade competition, technology and labor re-allocation

Bahar Baziki, Selva; Ginja, Rita; Borota Milicevic, Teodora - 2016

This paper studies the changes in labor allocation across firms and industries in response to changes in technology (captured by the adoption of information and communication technologies, ICT) and import competition, due to increased exposure to trade competition from China. We use detailed...

Persistent link: https://www.econbiz.de/10011716918

Trade and jobs: a description of Swedish labor market dynamics

Kyvik Nordås, Hildegunn; Lodefalk, Magnus; Tang, Aili - 2019

We perform a granular analysis of Swedish labor market dynamics, using matched employer employee and firm level trade data for Sweden over a 15-year period. The employment share in firms that are directly exposed to international trade has decreased, due to a shift in employment towards personal...

Persistent link: https://www.econbiz.de/10012654444

Chinese regional inequality and sectoral foreign direct investment

Azarhoushang, Behzad; Wu, Jennifer Pédussel; Zaroki, … - 2019

world, after the USA, in terms of stock of inward Foreign Direct Investment (FDI). Sustained GDP growth, a high rate of … paper uses Panel Least Squares method to empirically analyze the impact of industrial sector FDI on Chinese regional … inequality during 2003-2013. The resulting analysis shows the connection between FDI in industrial sectors and regional …

Persistent link: https://www.econbiz.de/10012026492

Low-Wage Import Competition, Inflationary Pressure, and Industry Dynamics in Europe

Auer, Raphael; Degen, Kathrin; Fischer, Andreas M. - 2011

What is the impact of import competition from low-wage countries (LWCs) on inflationary pressure in Europe? This paper examines whether labor-intensive exports from emerging Europe, Asia, and other global regions have a uniform impact on producer prices in Germany, France, Italy, Sweden, and the...

Persistent link: https://www.econbiz.de/10011430088

International trade, factor mobility and the persistence of cultural-institutional diversity

Belloc, Marianna; Bowles, Samuel - 2009

Cultural and institutional differences among nations may result in differences in the ratios of marginal costs of goods in autarchy and thus be the basis of specialization and comparative advantage, as long as these differences are not eliminated by trade. We provide an evolutionary model of...

Persistent link: https://www.econbiz.de/10010287852

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