Showing 1 - 10 of 15
The possible short-run trade-off between the inflation (gap) and the output (gap) remains a critical policy issue for … any emerging economy; particularly when an implicit or an explicit inflation targeting monetary policy is considered. The … New Keynesian Phillips Curve (NKPC) has recently set up a framework on the trade-off between the inflation (gap) and the …
Persistent link: https://www.econbiz.de/10010160677
In the present paper an analysis of the neo-classical optimization model with linear constraints is proposed. By introducing the dual problem it is shown that the solution to the maximization problem is also a solution to the minimization problem. The purely theoretical model proposes a...
Persistent link: https://www.econbiz.de/10009958055
on overall aggregate employment, participation or unemployment rates. -- job security ; employment composition …
Persistent link: https://www.econbiz.de/10009959084
This study examines the relationships between the employment and foreign direct investment (FDI) in Malaysia. The Malaysian government continues to put efforts in attracting more FDI inflows as it seems that FDI plays a major role in the economic development of Malaysia. Besides, there is...
Persistent link: https://www.econbiz.de/10010009045
Spain and Ireland might seem at first to feature very different labour markets, which go from very tight to very … dynamic simulations that account for the swings of the unemployment rates before and after the 2007 crisis. Our results … productivity, and demographics, succeed in explaining a great part of the changes in unemployment in both countries …
Persistent link: https://www.econbiz.de/10010118876
The way age-specific unemployment rates fluctuate over the business cycle differs significantly across countries. This … paper examines the effect of labor-market institutions on the fluctuations of age-specific unemployment rates based on panel … existing workforce induces the employment adjustment of new entrants into the labor market. -- unemployment ; labor market …
Persistent link: https://www.econbiz.de/10010118881
While there is a fairly broad consensus regarding the potential adverse effects of generous unemployment benefit …. Findings indicate that although it takes time for unemployment benefit reforms to pay off, such reforms do not appear to entail … any negative short-run effects. There is however some suggestive evidence that reducing unemployment benefits could have …
Persistent link: https://www.econbiz.de/10010118882
In this paper we apply the meta-regression technique to survey the empirical literature on the economic incidence of labour taxes and social security contributions. In particular, we focus on the effects of taxation on wages to test the conventional view that employees bear the burden due to...
Persistent link: https://www.econbiz.de/10010160829
The article aims at determining the inflation influence between Poland and selected EU member states. Although for some … time the general inflation level in those countries was definitely controllable, the problem seems to be returning. That is … determine inflation influences on Poland. The study confirmed the impact of the selected countries on Polish inflation …
Persistent link: https://www.econbiz.de/10010009393
major role on the phase of the short-term interest rates in Eastern European countries implementing inflation targeting …
Persistent link: https://www.econbiz.de/10010148062