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years. Theoretically, periods of recessions and high unemployment should directly influence individualÕs decisions whether …, contacting employers, interviewing, reading ads on the internet and so forth. Results from Tobit estimation indicate the …
Persistent link: https://www.econbiz.de/10009321236
Persistent link: https://www.econbiz.de/10005056471
This Selected Issues paper on Canada examines economic development and policies. Capital ratios before the crisis have been a key determinant of bank performance during the turmoil; and Canadian banks had ample capital. Specifically, most banks with critically low capital at end-2006 later...
Persistent link: https://www.econbiz.de/10011244253
We provide a comprehensive empirical characterization of the linkages between key macroeconomic and financial variables around business and financial cycles for 21 OECD countries over the period 1960–2007. In particular, we analyze the implications of 122 recessions, 112 (28) credit...
Persistent link: https://www.econbiz.de/10005769300
partially due to relative changes in the type of jobs available at these times. Unemployment Insurance (UI) helps individuals … transition through difficult economic situations such as periods of unemployment, and underemployment. While UI provides … insurance to households by helping them “smooth consumption†during a period of unemployment, studies have found evidence of …
Persistent link: https://www.econbiz.de/10011184421
Over the last decade, alongside high unemployment rates, the number of discouraged workers remained high in Turkey … worker literature mainly investigates differences in the transition rates from unemployment and discouragement into … transition from unemployment into discouragement is important and displays vast inter-regional disparities implying that local …
Persistent link: https://www.econbiz.de/10010991192
This Selected Issues paper analyzes the growth prospects of the Greek economy. It is estimated that exceptional factors boosted growth by 1 percentage point per year in recent years and, under current trends and policies, growth is likely to drop to about 3 percent by the end of the decade. The...
Persistent link: https://www.econbiz.de/10005825203
Using three distinct approaches—statistical filtering, production function, and multivariate model— this paper estimates potential growth for China, India, and five ASEAN countries (Indonesia, Malaysia, the Philippines, Thailand, and Vietnam) during 1993–2013. The main...
Persistent link: https://www.econbiz.de/10011142066
The SDN will assess the youth unemployment problem in advanced European countries, with a special focus on the euro … area. It will document the main trends in youth and adult unemployment in 22 European countries before and after the global … financial crisis. It will identify the main drivers of youth and adult unemployment, focusing in particular on the role of the …
Persistent link: https://www.econbiz.de/10011142224
The crisis has intensified what was previously a chronic unemployment problem in Europe; youth unemployment is now at … unprecedented highs in some European countries. This paper assesses the main drivers of youth unemployment in Europe. It finds that … much of the increase in youth unemployment rates during the crisis can be explained by output dynamics and the greater …
Persistent link: https://www.econbiz.de/10011144606