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, 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
The topic of the relationship between human capital and economic growth has been intensively examined in empirical studies since the 1980s. Although the positive impact of education and human capital on growth has been repeatedly confirmed, there are still doubts about the strength and probable...
Persistent link: https://www.econbiz.de/10011195141
The relation between growth and unemployment is being studied throughout a diverse set of contributions over the last … due to the importance of this relationship as a way to overcome the high unemployment rate that has been characterizing … describing the new theoretical mechanisms and empirical evidence regarding the relationship between growth and unemployment. A …
Persistent link: https://www.econbiz.de/10010675507
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
political institutions and political rivalry on human capital accumulation and income inequality. Relating to the increasing … inequality. As regards the role of political institutions, our analysis suggests that the elasticities of human capital …
Persistent link: https://www.econbiz.de/10010634117
large increase in unemployment, with anticipated consequences on economic growth. The main interest is to look for the key …
Persistent link: https://www.econbiz.de/10011195638
This paper develops an overlapping-generations model characterized by endogenous growth, unemployment, and pollution … unemployment benefits, and considers a replacement-ratio-neutral reform in whichthe environmental tax is devoted to cutting the … employees' rate of contribution to unemployment insurance. Under this reform, (i) the growth rate is increased, the unemployment …
Persistent link: https://www.econbiz.de/10005764468
This paper provides a critique of the "unemployment invariance hypothesis," according to which the behavior of the … labor market ensures that the long-run unemployment rate is independent of the size of the capital stock, productivity, and … equilibrating mechanisms to ensure unemployment invariance and that other markets may perform part of the equilibrating process as …
Persistent link: https://www.econbiz.de/10005822664
rising efficiency has been rising unemployment. Double-digit unemployment rates have now become a rule. Apart from the truly … disastrous labour market situation in several countries of former Yugoslavia, unemployment has recently acquired dramatic … improvement. And even more than in the rest of Europe, the CEECs' unemployment patterns display distinct regional, gender, age and …
Persistent link: https://www.econbiz.de/10009649618
between unemployment and economic growth for South African data between the periods 2000–2013. To attain this objective we … analysis proves that unemployment Granger causes economic growth in the long-run, a result which may account for the jobless …
Persistent link: https://www.econbiz.de/10011105342