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precursor to eventual sharp rises in unemployment in that state. The elasticity exceeds unity: a doubling of the rate of home …-ownership in a U.S. state is followed in the long-run by more than a doubling of the later unemployment rate. What mechanism might …
Persistent link: https://www.econbiz.de/10012459582
Previous literature has found that both unemployment and inflation lower happiness. This paper extends the literature … interest rates. I find, conventionally, that both higher unemployment and higher inflation lower happiness. Interest rates are … that unemployment depresses well-being more than inflation. The least educated and the old are more concerned about …
Persistent link: https://www.econbiz.de/10012773313
the flow of workers from Eastern Europe, the fear of unemployment has risen in the UK which appears to have contained wage … rate of unemployment …
Persistent link: https://www.econbiz.de/10012775790
variables while it is uncorrelated with life satisfaction. The unemployment rate and the CPI reduce both. We analyze data for 29 … European countries to predict changes in the unemployment rate 12 months ahead using individuals' fears of unemployment in the … presence of country and year fixed effects and lagged unemployment. We also use firms' expectations of future employment, which …
Persistent link: https://www.econbiz.de/10014447326
Although there is a substantial literature indicating that unemployment and joblessness have profound adverse impacts …
Persistent link: https://www.econbiz.de/10014093787
stagnant for some time. We show that unemployment is not key to understanding wage formation in the USA and hasn t been since …Most economists maintain that the labor market in the United States (and elsewhere) is tight because unemployment rates … are low and the Beveridge Curve (the vacancies-to-unemployment ratio) is high. They infer from this that there is …
Persistent link: https://www.econbiz.de/10014078744
Following Phillip's original work on the UK, applied researchon unemployment and wages has been dominated by the … rate of unemployment. This 'wage curve' is found to have an elasticity of approximately-0.1. Contrary to the Phillips Curve …
Persistent link: https://www.econbiz.de/10014119071
-ownership rate in a U.S. state are a precursor to eventual sharp rises in unemployment in that state. The elasticity exceeds unity: a … unemployment rate. What mechanisms might explain this? We provide evidence that rises in home-ownership are associated with three …
Persistent link: https://www.econbiz.de/10013074590
precursor to eventual sharp rises in unemployment in that state. The elasticity exceeds unity: a doubling of the rate of home …-ownership in a U.S. state is followed in the long-run by more than a doubling of the later unemployment rate. What mechanism might …
Persistent link: https://www.econbiz.de/10013081221
, but sustainable, recovery. Improvement in the labor market may take some time, but many believe that unemployment will … consequences for unemployment may be worse than anticipated …
Persistent link: https://www.econbiz.de/10013155520