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targeting affect unemployment, economic growth and the output gap. The results show that inflation targeting causes no harm to … employment in developing and emerging countries. On the contrary, it might reduce average unemployment and narrow the output gap …
Persistent link: https://www.econbiz.de/10010293308
mainly on dismissals protection, distinguishing between the themes of employment and unemployment development and labor … market dynamics proper. Our discussion of employment and unemployment largely deals with the effect of employment protection …
Persistent link: https://www.econbiz.de/10010262586
in developing countries have multiple equilibria - the same economy can be stuck at different levels of unemployment with …-sharing among the poor is prevalent. It seems reasonable to posit that in such an economy more unemployment leads to more income … increases unemployment rates. As corollaries, we show that (1) within the same society, two different racial groups that may be …
Persistent link: https://www.econbiz.de/10010268768
The paper describes and evaluates unemployment insurance savings accounts (UISAs) - a relatively new and not well …-known way of providing unemployment benefits. The UISAs reduce work disincentives by allowing recipients to keep their own … unused unemployment contributions, and offer the possibility to extend coverage to informal sector workers. In addition, if …
Persistent link: https://www.econbiz.de/10010276404
developing countries (e.g. coastal tourism, dual labour market, unemployment, migrations, competition between agriculture and …
Persistent link: https://www.econbiz.de/10010312434
equate the expected urban wage (given a downward rigid real wage in the urban sector) to the real wage. Unemployment is … endogenously determined. Interpreting unemployment as damage, urban pollution (damage denoted in units of labour) can also support … the same equilibrium with the value of damage equal to the value of resources otherwise lost through unemployment. However …
Persistent link: https://www.econbiz.de/10010291995
We survey the recent literature on the effects of active labor market policies on individual labor market outcomes like employment and income, for adult female individuals without work in European countries. We consider skilltraining programs, monitoring and sanctions, job search assistance, and...
Persistent link: https://www.econbiz.de/10010293019
We analyze the impact of product market competition on unemployment and wages, and how this depends on labour market … competition. We find that increased product market competition reduces unemployment, and that it does so more in countries with …
Persistent link: https://www.econbiz.de/10010293086
Economists have long emphasized the importance of expectations in determining macroeconomic outcomes Yet there has been almost no recent effort to model actual empirical expectations data; instead macroeconomists usually simply assume expectations are rational This paper shows that while...
Persistent link: https://www.econbiz.de/10010293441
explaining the deviations of household inflation and unemployment expectations from the rational expectations benchmark …
Persistent link: https://www.econbiz.de/10010293481