Showing 1 - 10 of 489
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...
Persistent link: https://www.econbiz.de/10010160677
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
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
. -- unemployment dynamics ; structural multi-equation models ; chain reaction theory ; simulations ; PIGS … 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
on overall aggregate employment, participation or unemployment rates. -- job security ; employment composition …
Persistent link: https://www.econbiz.de/10009959084
This paper investigates wage assimilation of foreign-born male workers in Britain over the period 1993 to 2009. Using Labour Force Survey data, the paper employs a methodology (Blinder-Oaxaca quantile regressions) to decompose the immigrant-native wage differential at the mean and across the...
Persistent link: https://www.econbiz.de/10010148470
A standard object of empirical analysis in labor economics is a modified Mincer wage function in which an individual’s log wage is a function of education, experience, and race. We analyze this approach in a context where individuals live and work in different locations (thus facing different...
Persistent link: https://www.econbiz.de/10010148483
We develop a theoretical framework that considers the role played by moral hazard and the diversity of networks and cultures in the choice of hiring channel. In favoritism contexts social networks, and particularly strong ties, are adopted as hiring channels for unskilled jobs and result in wage...
Persistent link: https://www.econbiz.de/10010148485