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participation rate shows a more robust effect on healthcare spending, morbidity, and mortality than the unemployment rate. Study … opposed to unemployment, is a better proxy for measuring the effect of the economic environment on healthcare spending and …
Persistent link: https://www.econbiz.de/10010987776
This paper sheds new light on the effects of the minimum wage on employment from a two-sided theoretical perspective, in which firms’ job offer and workers’ job acceptance decisions are disentangled. Minimum wages reduce job offer incentives and increase job acceptance incentives. We show...
Persistent link: https://www.econbiz.de/10010877633
This paper sheds new light on the effects of the minimum wage on employment from a two-sided theoretical perspective, in which firms' job offer and workers' job acceptance decisions are disentangled. Minimum wages reduce job offer incentives and increase job acceptance incentives. We show that...
Persistent link: https://www.econbiz.de/10010887014
Considerable progress has been made towards the achievement of the Millennium Development Goals (MDGs) since 1990. Although advances in improving MDG 4 and MDG 5a (reducing child and maternal mortality, respectively) have been made, progress is some countries have been insufficient. While some...
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The high U.S. unemployment rate after the Great Recession is usually considered to be a result of changes in factors … in the unemployment rate, these factors should have influenced workers' and firms' decisions. Therefore, it is important … factors affect the unemployment rate. To address this issue, we estimate a Mortensen-Pissarides style of labor-market matching …
Persistent link: https://www.econbiz.de/10010942906
Using data on 53 countries, this paper studies the unemployment effects of the far-reaching banking liberalization that … liberalization substantially decreased unemployment, particularly among young people. The lowering of barriers to the entry of … strongest effects. There is some, albeit weak, evidence that the cutback in interest rate controls has decreased unemployment as …
Persistent link: https://www.econbiz.de/10010943001
The material within these pages shows that Barbados, a Caribbean country with just over a quarter of a million people, embodies many of the classic vulnerabilities of an island with a small open economy, yet aspires to developed-country status, and is already well advanced on the road to...
Persistent link: https://www.econbiz.de/10010943497