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We introduce search and matching unemployment into a model of trade with differentiated goods and heterogeneous firms …
Persistent link: https://www.econbiz.de/10010265248
We introduce search and matching unemployment into a model of trade with differentiated goods and heterogeneous firms …
Persistent link: https://www.econbiz.de/10010266008
We introduce search and matching unemployment into a model of trade with differentiated goods and heterogeneous firms …
Persistent link: https://www.econbiz.de/10011453724
In the wake of the COVID-19 pandemic, numerous high-income countries encountered heightened vacancy rates and labour shortages, which persisted into 2023. This paper examines the dynamics underlying labour market fluctuations in advanced economies, such as cyclical movements, structural shifts...
Persistent link: https://www.econbiz.de/10014540126
unemployment rates, an increase in demand reduces unemployment without creating strong inflationary pressures. Meanwhile, supply … shocks have a muted effect. At sufficiently low unemployment, there is a labor shortage, so that the economy is at full …
Persistent link: https://www.econbiz.de/10014494995
The launching of the EURO not only affects the members of EURO-Land, but it also affects the potential new member countries such as Central and Eastern European countries as well as some countries in Europe, Africa and French territories such as Monaco, San Marino, Vatican, Andorra, Mayotte,...
Persistent link: https://www.econbiz.de/10011375010
The ASEAN+3 finance ministers' group has developed its economic review and policy dialogue (ERPD) process as part of regional financial cooperation efforts. Recently the group has decided to integrate the ERPD process with the regional liquidity support facility, called the Chiang Mai Initiative...
Persistent link: https://www.econbiz.de/10010279712
The last two decades have witnessed a tremendous increase in global trade and investments. This has been followed by a shift in the pattern of FDI inflow, which had gradually become more favorable to the developing countries. Consequently, this resulted in an increase in competition among...
Persistent link: https://www.econbiz.de/10011429841
Motivated by the proliferation of free trade agreements (FTAs) in Asia over the last decade, this paper studies the challenges faced by the Asian "noodle bowl" - overlapping, multiple trade rules, regulations, and standards in Asia - in the process of regional and global trade integration. The...
Persistent link: https://www.econbiz.de/10010397245
The Association of Southeast Asian Nations (ASEAN) and the People's Republic of China are economic partners as well as economic competitors. The ASEAN– People's Republic of China Free Trade Area (ACFTA), which is set to come into effect around 2010, is designed to boost trade between the two...
Persistent link: https://www.econbiz.de/10010507254