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ILO pub-WEP pub. Working paper on econometric modelling of labour markets for human resources planning in Central America - describes macroeconomics economic models of Guatemala, Venezuela and Brazil covering employment, the informal sector, labour market segmentation and underemployment;...
Persistent link: https://www.econbiz.de/10010966783
ILO pub-WEP pub-PREALC pub. Working paper presenting the macroeconomics dimension of capital formation and basic needs planning in Latin America - based on an economic model, discusses the role of economic policy, public investment and wage policy in economic growth; explains the relation...
Persistent link: https://www.econbiz.de/10010966912
Examines 67 IMF Article IV consultations in 27 EU member states between 2008 and 2011, and shows that there is an overwhelming emphasis on fiscal consolidation, reduction of social expenditures, and measures that weaken the bargaining power and income of labour, and make it difficult to promote...
Persistent link: https://www.econbiz.de/10010967136
A New Consensus in Macroeconomics (NCM) has emerged over the past couple of decades or so, which has become highly influential in terms of current thinking on the macroeconomy and of economic policy, especially monetary policy. Its main implication for economic policy has been the implementation...
Persistent link: https://www.econbiz.de/10010849645
Ample mutual misunderstanding exists between the United States and China in their economic arguments. There is likely to be an important race between economic and demographic forces that will naturally redress the imbalances and the political imperatives for each country to stand tough and fight.
Persistent link: https://www.econbiz.de/10010941143
The concurrent growth of emerging countries stock market and their economies in the last two decades raises question regarding the fundamental linkage between stock price and key macroeconomic variables. This paper makes an attempt to examine the short-run and long-run relationship between stock...
Persistent link: https://www.econbiz.de/10011266438
The idea of libertarian paternalism might seem to be an oxymoron, but it is both possible and legitimate for private and public institutions to affect behavior while also respecting freedom of choice. Often people's preferences are ill-formed, and their choices will inevitably be influenced by...
Persistent link: https://www.econbiz.de/10005361280
This essay is about what behavioral economics has established, what the new research frontiers are, and what can be said about welfare and consequently about policy.
Persistent link: https://www.econbiz.de/10005361287