Showing 1 - 10 of 166
Persistent link: https://www.econbiz.de/10010355847
fundamental role in shaping unemployment movements. Thisrole has generally been examined by considering indirect transmission …-equation unemployment rate models... …
Persistent link: https://www.econbiz.de/10005861659
The evolution of Spanish unemployment has been quite idiosyncratic. The full-employment levels of the early seventies … were followed by unemployment rates that were the highest within the OECD countries in the aftermath of the oil price … shocks. While unemployment was extremely persistent in most of the eighties and nineties, it experienced its sharpest decline …
Persistent link: https://www.econbiz.de/10003765970
The debate in Australia on the (constant-output) elasticity of labour demand with respect to wages has wrongly … causes of the unemployment upturn in 1973-1983 and the subsequent decline in 1993-2006. Our results show that (i) the main … determinants of the unemployment rise in the 1970s and early 1980s were wage-push factors, the two oil price shocks and the …
Persistent link: https://www.econbiz.de/10003793964
The debate in Australia on the (constant-output) elasticity of labour demand with respect to wages has wrongly … causes of the unemployment upturn in 1973-1983 and the subsequent decline in 1993-2006. Our results show that (i) the main … determinants of the unemployment rise in the 1970s and early 1980s were wage-push factors, the two oil price shocks and the …
Persistent link: https://www.econbiz.de/10003799513
The debate in Australia on the (constant-output) elasticity of labour demand with respect to wages has wrongly … causes of the unemployment upturn in 1973-1983 and the subsequent decline in 1993-2006. Our results show that (i) the main … determinants of the unemployment rise in the 1970s and early 1980s were wage-push factors, the two oil price shocks and the …
Persistent link: https://www.econbiz.de/10012765309
fundamental role in shaping unemployment movements. This role has generally been examined by considering indirect transmission … single-equation unemployment rate models. Here we advocate a different approach. We directly estimate the effects of capital … stock in the labour market by applying the chain reaction theory of unemployment, and we find that capital stock is a major …
Persistent link: https://www.econbiz.de/10013316800
The debate in Australia on the (constant-output) elasticity of labour demand with respect to wages has wrongly … causes of the unemployment upturn in 1973-1983 and the subsequent decline in 1993-2006. Our results show that (i) the main … determinants of the unemployment rise in the 1970s and early 1980s were wage-push factors, the two oil price shocks and the …
Persistent link: https://www.econbiz.de/10014212017
fundamental role in determining unemployment movements. This role has generally been examined by considering indirect transmission … the chain reaction theory of unemployment, and we find that capital stock is a major determinant of unemployment in the … Nordic countries. In particular, the different unemployment experiences of these economies derive from the temporary (albeit …
Persistent link: https://www.econbiz.de/10014213149
The evolution of Spanish unemployment has been quite idiosyncratic. The full employment levels of the early seventies … were followed by unemployment rates that were the highest within the OECD countries in the aftermath of the oil price … shocks. While unemployment was extremely persistent in most of the eighties and nineties, it experienced its sharpest decline …
Persistent link: https://www.econbiz.de/10013324958