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Author in the present paper attempts, through a panel data econometric model, to point out that unemployment has a … sample covers all western Europe. Data is taken from Eurostat. The elaboration of these panel data is made feasible by means …
Persistent link: https://www.econbiz.de/10014158699
, unemployment and nonparticipation for each country. We develop a decomposition measuring the contribution of these transition …
Persistent link: https://www.econbiz.de/10012913907
Several European countries adopted inflation targeting as a monetary policy strategy during the 1990s. We evaluate the … impact of the establishment of this policy framework on the dynamics of inflation for three countries: United Kingdom, Spain … and Finland. We find that inflation targeting was not the most important factor behind the decline of their monthly and …
Persistent link: https://www.econbiz.de/10014027799
We ask whether sectoral shocks and the subsequent labor reallocation are responsible for unemployment within selected … is linked to unemployment in country specific dynamic models. For Spain, the ADL-model estimation reveals a significant … impact of sectoral reallocation on unemployment that goes beyond usual business cycle patterns. In Italy, there is weaker yet …
Persistent link: https://www.econbiz.de/10010424822
combination of low wage inflation and high unemployment in Europe is usually attributed to a rise in the natural rate of …This paper analyzes the relationship between unemployment and wage inflation for 10 of the euro area countries. The … unemployment that may account for a changing pattern in the unemployment inflation trade-off. Moreover, it analyzes whether the …
Persistent link: https://www.econbiz.de/10003035532
combination of low wage inflation and high unemployment in Europe is usually attributed to a rise in the natural rate of …This paper analyzes the relationship between unemployment and wage inflation for 10 of the euro area countries. The … unemployment that may account for a changing pattern in the unemployment inflation trade-off. Moreover, it analyzes whether the …
Persistent link: https://www.econbiz.de/10013318359
We ask whether sectoral shocks and the subsequent labor reallocation are responsible for unemployment within selected … is linked to unemployment in country specific dynamic models. For Spain, the ADL-model estimation reveals a significant … impact of sectoral reallocation on unemployment that goes beyond usual business cycle patterns. In Italy, there is weaker yet …
Persistent link: https://www.econbiz.de/10013044658
While unemployment rates in Europe declined after the global financial crisis until 2018/2019, the incidence of long …-term unemployment, the share of people who have been unemployed for >1 year to the total unemployed, remained high. Moreover, the COVID …-19 pandemic could aggravate the long-term unemployment. This paper explores the factors associated with long …
Persistent link: https://www.econbiz.de/10012545022
While unemployment rates in Europe declined after the global financial crisis until 2018/19, the incidence of long …-term unemployment, the share of people who have been unemployed for more than one year to the total unemployed, remained high. Moreover …, the COVID-19 pandemic could aggravate the long-term unemployment. This paper explores factors associated with long …
Persistent link: https://www.econbiz.de/10013315122
We sketch a visionary strategy for Europe in which full employment is quickly regained by 2020, income inequality is …
Persistent link: https://www.econbiz.de/10010533168