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unemployment in two largest economic regions in the world - the United States (US) and the Euro area (EA). For this purpose we … addition to local effects we find foreign uncertainty shocks influence the Euro area but not the US unemployment. Moreover we …
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This paper examines the movements in EU unemployment from two perspectives: (a) the NRU/NAIRU perspective, in which … unemployment movements are attributed largely to changes in the long-run equilibrium unemployment rate and (b) the chain …-reaction perspective, in which unemployment movements are viewed as the outcome of the interplay between labor market shocks and prolonged …
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for Objective 1 support occurred in the UK region of Cornwall in 2000, we are able to compare Cornwall's unemployment … for not having received Objective 1 funding. Second, we use Local Authority Districts and compare the unemployment change … unemployment in Cornwall as compared to regions that did not benefit from Objective 1 support. In the second part of the study we …
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youth unemployment in Europe? Economic theory predicts that in the absence of perfectly competitive labour markets, changes … in the relative size of age groups will cause changes in age-specific unemployment rates. In light of the expected … areas of low unemployment, the empirical analysis employs an instrumental variables estimator to identify the causal effect …
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