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Using an analog of the boundary element method in engineering and science, we analyze and model unemployment rate in … force. Originally, the model linking unemployment to inflation and labor force was developed and successfully tested for …. Nevertheless, the model explains between ~65% and ~95% of the variability in unemployment and inflation. For Italy, the rate of …
Persistent link: https://www.econbiz.de/10005837146
Linear relationships between inflation, unemployment, and labor force are obtained for two European countries - Austria … and France. The best fit models of inflation as a linear and lagged function of labor force change rate and unemployment … inflation for the next ten years. In France, inflation lags by four years behind labor force change and unemployment allowing …
Persistent link: https://www.econbiz.de/10005617026
, in many African countries, unemployment rates are low and growth is seldom jobless. Regrettably, most of the poor work … long hours and cannot make ends meet while the violation of basic human rights is not uncommon. Again, youth unemployment …, demography and institutions). Thus, at all stages of development, forcing economic production to spread evenly across areas is …
Persistent link: https://www.econbiz.de/10011107833
China is well-placed to avoid the so-called “middle-income trap” and to continue to converge towards the more advanced economies, even though growth is likely to slow from near double-digit rates in the first decade of this millennium to around 7% at the 2020 horizon. However, in order to...
Persistent link: https://www.econbiz.de/10011277005
In a path-breaking but largely overlooked study, published in a festchrift thirty years ago (1975), Herman Van der Wee provided a comparison of prices and real wages of building craftsmen in the regions of Antwerp and south-eastern England, from 1400 to 1700. To do so, he constructed a composite...
Persistent link: https://www.econbiz.de/10005704755
While the econometric literature on the impact of immigration on labour markets is well developed, there is a striking gap with regards to the impact of emigration on sending countries. Building on the established literature measuring the impact of immigration, this paper attempts to narrow that...
Persistent link: https://www.econbiz.de/10009131540
institutions and governance to provide citizen security, justice and jobs is crucial to break cycles of violence while stimulating … recommends the need for restoring confidence, transforming institutions(procedures), providing specialized assistance, acting …
Persistent link: https://www.econbiz.de/10011112282
unemployment to the change in the level of labour force in Canada. Inherently, our model belongs to the class of Phillips curve … uncorrelated noise and systematic errors. Our previous model of inflation and unemployment in Canada is enhanced by the … price inflation accompanied by a substantial fall in the rate of unemployment. Therefore, the new monetary policy in Canada …
Persistent link: https://www.econbiz.de/10010858978
An empirical model is presented linking inflation and unemployment rate to the change in the level of labour force in …
Persistent link: https://www.econbiz.de/10010639255
A linear and lagged relationship between inflation, unemployment and labor force change rate, π(t)=A0UE(t-t0)+A1dLF … and labor force and between unemployment and labor force are tested separately in appropriate time intervals, where the … properties of error terms. The confirmed validity of the linear lagged relationship between inflation, unemployment and labor …
Persistent link: https://www.econbiz.de/10005835964