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This work analyzes the saving and consumption behavior of agents faced with the possibility of unemployment in a …Diese Arbeit modelliert das Spar- und Konsumverhalten von Individuen in Deutschland mit einem Lebenszyklusmodell. Dabei …
Persistent link: https://www.econbiz.de/10009449071
entries has not been fully discussed in cointegration theory. In such cases, the use of standard VECM models may lead to …
Persistent link: https://www.econbiz.de/10009451311
The first public share issue in the PRC took place in 1994. By the early 21st century, in the space of less than two decades, the Chinese stock market has become the largest one in Asia, with the exception of Japan. Along with this rapid enlargement of the market, the Chinese stock trading...
Persistent link: https://www.econbiz.de/10009471788
the one hand, lower reservation wages reduce unemployment duration, but on the other hand, agents have shorter spells of … active search and hence higher exit rate from unemployment into nonparticipation. The effect of these measures on total … employment is ambiguous in the model. Simulations show that there are cases when reduction of the unemployment benefits …
Persistent link: https://www.econbiz.de/10009450193
The problem of unemployment is serious not only in Lithuania but as well as in other EU countries. In the beginning of … 2011 Lithuania was the third in the EU by the level of unemployment. The level of unemployment is one of the key indicators … reflecting the country's economic situation so it is important to consider the reasons for the high level of unemployment in the …
Persistent link: https://www.econbiz.de/10009478457
Unemployment has been at unacceptable levels for at least twenty-five years and is probably Australia’s most serious … economic and social problem. Emphasising the economics of the unemployment problem and focussing mainly on the labour market, a … historical approach was used which viewed unemployment as consisting of two parts: a cyclical component and an underlying …
Persistent link: https://www.econbiz.de/10009451696
Sharpeville. Ttie study focuses on three areas, namely, the theories of unemployment, poverty and clothing manufacturing, the … state of unemployment and poverty in Sharpeville and clothing manufacturing co-operatives as one of the contributors to the … solution to unemployment and poverty. Unemployment is identified, among others, as a major determinant of poverty; therefore …
Persistent link: https://www.econbiz.de/10009456161
Bundesrepublik Deutschland auseinander. Dazu wird der Sektor nach der Systematik der BACH-Datenbank der europäischen Kommission in 10 …
Persistent link: https://www.econbiz.de/10009433722
Australia for the period 1950-2005. Cointegration and a vector error-correction model are used along with Granger causality … the cointegration analysis of production in Australia and should be included in the long-run production relationship along …
Persistent link: https://www.econbiz.de/10009434976
2004:IV. Johansen's cointegration method and vector error correction (VEC) model based Granger causality test were used in …
Persistent link: https://www.econbiz.de/10009442904