Showing 1 - 10 of 118
In this study, the effects of GDP per capita growth rates, real exchange rates, Standard and Poor’s (S&P) sovereign ratings, the difference between Transition Economies’ (TE) interest rates and USA’s interest rates on TEs’ net portfolio inflows were analyzed. The results showed that GDP...
Persistent link: https://www.econbiz.de/10010058688
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
studies have shown that the relationship "FDI-Wages" is significant and the two variables have one on one influence. More … precisely, the low wages have the role to attract FDI and the high volume of FDI generates the increase of the wages on the … destination's country labor market. Also, the FDI augmentations determine inequalities on the structure of the wages. The paper …
Persistent link: https://www.econbiz.de/10009958059
One of the most important open macroeconomic issues, during the current global economic recession, concerns the sustainability of persistent budget and trade deficits as well as possible interactions between them. These deficits are most crucial due to severe debt servicing costs, faced by...
Persistent link: https://www.econbiz.de/10009958045
This paper develops and tests a mechanism by which job security affects the age-composition of employment. This mechanism is based on the relative costs of dismissing young versus older workers resulting from job security provisions that are related to tenure. Using 39 consecutive annual...
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
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 data of 18 OECD countries between 1971 and 2008....
Persistent link: https://www.econbiz.de/10010118881
While there is a fairly broad consensus regarding the potential adverse effects of generous unemployment benefit insurance on steady-state employment, the short-term effects of benefit reforms are not well-established. This paper contributes to fill this gap by estimating impulse responses to...
Persistent link: https://www.econbiz.de/10010118882
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 lower net wages. Based on 52 empirical papers, we find that economic …
Persistent link: https://www.econbiz.de/10010160829