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(unlike in the case of the EU), while unemployment plays a more substantial role in the USA in affecting inflation level. Oil …This paper uses the panel analysis approach to deal with the impact of oil price shocks, unemployment and interest … for the US and the EU economy. In both sets of data, current inflation is heavily affected by unemployment, as expected …
Persistent link: https://www.econbiz.de/10009352790
This paper analyses two main features of the financialisation period, namely: 1) the replacement of the 'originate and hold' banking model with the 'originate and distribute' banking model; 2) the securitisation process of structured finance products. These features have produced remarkable...
Persistent link: https://www.econbiz.de/10010670273
perspectives: the new classical macroeconomics theory related to unemployment, a finance approach of the relationship with exchange …
Persistent link: https://www.econbiz.de/10010691692
The complex nature of ‘international outsourcing’ makes it difficult to quantify its employment and broader impacts on national economies. Indeed, available evidence on the extent of ‘offshoring’ by US firms is scant, rendering analyses of its economic impacts as...
Persistent link: https://www.econbiz.de/10011130192
Unemployment in Germany strongly increased in 2005. Beside other influences a labor market reform that came into force … in 2005 (Hartz IV reform) was ascribed to redistribute hidden to open unemployment. Using different methodological … approaches and data sets this article analyses the scale of this change from hidden to open unemployment in West Germany. Yet …
Persistent link: https://www.econbiz.de/10010994204
This paper examines theoretical and empirical aspects of the employment in Germany from 2000 – 2013. Inspired by Krelle’s (1996) discussion paper relevant German labor market data are traced and it is analyzed to which extend some theoretical employment considerations and labor market reform...
Persistent link: https://www.econbiz.de/10011266260
In December 2014, the German Federal Government adopted a draft law on the exclusive applicability of collective agreements – the so-called Tarifeinheitsgesetz. Critics see this as an unacceptable interference to the freedom of association. They point out, that despite multi-unionism you can...
Persistent link: https://www.econbiz.de/10011266261
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