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The concept of the "employment thresholdin the public discussion of unemployment. The employment threshold is defined … productivity. It is related to the Okun coefficient which describes the relationship between the changes of output and unemployment …
Persistent link: https://www.econbiz.de/10013321076
Persistent link: https://www.econbiz.de/10002998724
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Persistently high unemployment rates in Germany have led to a long-running controversy on the causes of the … unemployment problem. This paper aims to re­view the contribution of Keynesian and monetarist theories to this controversy and … explores empirically their implications for the explanation of high un­em­ploy­ment in Germany using a structural vector …
Persistent link: https://www.econbiz.de/10011474695
The unemployment rates, especially youth unemployment rates, increased in various countries of Europe over the last … years. This paper examines youth unemployment developments in Germany and Poland with Okun's law to test the hypothesis that …
Persistent link: https://www.econbiz.de/10011338113
Unemployment rates, especially among youth, have increased in various countries of Europe over the last years. This … paper examines changes in youth unemployment in Germany and Poland with Okun's law, testing that young employees are more …
Persistent link: https://www.econbiz.de/10012025732
The unemployment rates, especially youth unemployment rates, increased in various countries of Europe over the last … years. This paper examines gender-specific youth unemployment developments in Germany and Poland with Okun's law to test the …
Persistent link: https://www.econbiz.de/10011755720
New-Keynesian macroeconomic models typically assume that any long-run trade-off between inflation and unemployment is … rate, unemployment and inflation in West Germany from the early 1960s up to 2004 using a multivariate co … data a strong negative correlation between the trend components of inflation and unemployment. We show that this finding …
Persistent link: https://www.econbiz.de/10010426365
Short-time work is a labor market policy that subsidizes working time reductions among firms in financial difficulty in order to prevent layoffs and stabilize employment. Many OECD countries have used this policy in the Great Recession, for example. This paper shows that the effects of...
Persistent link: https://www.econbiz.de/10011718992
Short-time work is a labor market policy that subsidizes working time reductions among firms in financial difficulty to prevent layoffs. Many OECD countries have used this policy in the Great Recession. This paper shows that the effects of short-time work are strongly time dependent and...
Persistent link: https://www.econbiz.de/10011845664