Showing 1 - 10 of 53
This paper offers a reappraisal of the inflation-unemployment tradeoff, based on "frictional growth", describing the … these shocks also generate plausible impulse-responses for unemployment. Although our theory contains no money illusion, no … permanent nominal rigidities, and no departure from rational expectations, there is a long-run inflation-unemployment tradeoff …
Persistent link: https://www.econbiz.de/10009441372
This article estimates the cost of a public investment-led job creation programme for the United Kingdom. A programme creating an additional one million jobs at the current average wage would involve a net cost to the Treasury dramatically lower than the gross cost; £17 billion worth of...
Persistent link: https://www.econbiz.de/10009441428
. However, depending upon the relative tightness of the local labour market (reflected in the rates of hiring and unemployment …. The significance of quits, hires, and unemployment are explored, in an attempt to explain differential urban wage …
Persistent link: https://www.econbiz.de/10009441464
With around 50% of the urban men between age 15 and 30 unemployed, Ethiopia has one of the highest unemployment rates … ofincidence and duration and find that most variables have the same effect on both.Unemployment is concentrated among relatively … well-educated first time job seekerswho come from the middle classes. Mean duration of unemployment is close to fouryears …
Persistent link: https://www.econbiz.de/10009441517
Although it is a common theoretical assumption that the chances to find a job fall with time in unemployment, this is …
Persistent link: https://www.econbiz.de/10009441522
This paper explores the effects of unemployment on the school enrolment decisions. A few studies that have taken up … enrolment decision that is capable of explaining these results in a unified manner. In this model, unemployment affects the …
Persistent link: https://www.econbiz.de/10009441537
Education became one of the largest sub-system of modern societies in the past century. The role of education is no longer interpreted only as the conveyor of culture, knowledge and values, but it is also attributed a significant role in its contribution to economic development and the promotion...
Persistent link: https://www.econbiz.de/10009446007
reduces the chances of employment and unemployment and increases the likelihood downtime. Per capita income is positively … related with the likelihood of downtime and employee and negatively with unemployment. The variable experience and schooling … likelihood of unemployment. Regarding the likelihood of unemployment, there is evidence of the existence of racial discrimination …
Persistent link: https://www.econbiz.de/10009446716
We incorporate a wage-bargaining structure in a dynamic general equilibrium model and show how this feature changes short- and long-run properties of equilibria compared with a perfectly competitive setting.We discuss how employment, capital and income shares respond to wage-setting shocks and...
Persistent link: https://www.econbiz.de/10009471681
account for the empirical relation between the job-finding rate and the vacancy-unemployment ratio, provided that search costs …
Persistent link: https://www.econbiz.de/10009471764