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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
's tax-based social transfers have not harmed either employment or GDP. Even unemployment benefits do not have robustly …
Persistent link: https://www.econbiz.de/10010266366
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
Existing unemployment insurance systems in many OECD countries involve a ceiling on insurable earnings. The result is …
Persistent link: https://www.econbiz.de/10010321580
unemployment rates are studied. Applying a range of unit-root tests to monthly data from Australia, Austria, Canada, Finland …, Sweden, the U.K. and the U.S., we find results for employment rates that contrast those based on unemployment rates. In … particular, rather than the mixed evidence for hysteresis found using unemployment rates, employment rates result in unequivocal …
Persistent link: https://www.econbiz.de/10010321556
differences across countries. In the major European countries, unemployment has increased dramatically over the past two decades …
Persistent link: https://www.econbiz.de/10010327008
that all the shortrun fluctuations automatically turn into long-run changes in the unemployment rate. We assert the …
Persistent link: https://www.econbiz.de/10010281021
previous jobs, and thus much more than they get in unemployment benefits. However, our results also show that some groups, such … demands may contribute to high unemployment. …
Persistent link: https://www.econbiz.de/10010321440
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
This paper shows that in ation in industrialized countries is largely a global phenomenon. First, the inflation rates of 22 OECD countries have a common factor that alone accounts for nearly 70 percent of their variance. This large variance share that is associated with Global Inflation is not...
Persistent link: https://www.econbiz.de/10010292130