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The Finnish unemployment rose in the early 1990 s from three to eighteen percent in four years. Unemployment has then … this unforeseen increase in unemployment. We then discuss the role of labour market institutions in the adjustment process … that has brought unemployment back to normal levels. We argue that these institutions cannot be blamed for the increase in …
Persistent link: https://www.econbiz.de/10011506222
Aggregated output in industrialized countries has become less volatile over the past decades. Whether this "Great Moderationʺ can be found in firm level data as well remains disputed. We study the evolution of firm level output volatility using a balanced panel dataset on German firms that...
Persistent link: https://www.econbiz.de/10003729690
Persistent link: https://www.econbiz.de/10011444707
We discuss properties of alternatives or complements to GDP as a measure of welfare at business cycle frequencies. We argue that these figures are not useful to measure the welfare costs of business cycles. First, data is not available at an appropriate quality and frequency. Second, since the...
Persistent link: https://www.econbiz.de/10010480242
Aggregated output in industrialized countries has become less volatile over the past decades. Whether this Great Moderationʺ can be found in firm level data as well remains disputed. We study the evolution of firm level output volatility using a balanced panel dataset on German firms that...
Persistent link: https://www.econbiz.de/10003720335
Aggregated output in industrialized countries has become less volatile over the past decades. Whether this ?Great Moderation? can be found in firm level data as well remains disputed. We study the evolution of firm level output volatility using a balanced panel dataset on German firms that...
Persistent link: https://www.econbiz.de/10012991121
Aggregated output in industrialized countries has become less volatile over the past decades. Whether this quot;Great Moderationquot; can be found in firm level data as well remains disputed. We study the evolution of firm level output volatility using a balanced panel dataset on German firms...
Persistent link: https://www.econbiz.de/10012753581
Persistent link: https://www.econbiz.de/10000146918
Persistent link: https://www.econbiz.de/10000659187
unemployment also constitutes an incentive to implement a tax on outsourcing.Without a direct instrument for taxing outsourcing …
Persistent link: https://www.econbiz.de/10009360634