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The debate in Australia on the (constant-output) elasticity of labour demand with respect to wages has wrongly … area which is particularly relevant for Australia. This paper attempts to fill this void by estimating a multi … causes of the unemployment upturn in 1973-1983 and the subsequent decline in 1993-2006. Our results show that (i) the main …
Persistent link: https://www.econbiz.de/10003793964
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model is used to assess this development. In particular, estimation results for investment and employment adjustment after … this paper to cover also unified Germany. The results reveal that the adjustment of investment and employment can be … analysed with the same theoretical model for West and East Germany. However, the adjustment speed for investment differs …
Persistent link: https://www.econbiz.de/10011443447
several kinds. This paper analyzes the structural effects of investment subsidization as one of the core policy instruments by … means of an error-correction model of factor demand and output. It intends to find out whether investment subsidization …
Persistent link: https://www.econbiz.de/10011472466
investment through wide-ranging structural reforms. Areas that require reforms include the regulation of product and labour … institutions are particularly relevant, would stimulate private investment, facilitating the creation of new firms and jobs, and …
Persistent link: https://www.econbiz.de/10011823732
issue of estimation and model uncertainty. …
Persistent link: https://www.econbiz.de/10011914246
This paper presents country-specific effects of structural reforms. It discusses how sizeable and interesting country-specific effects can be identified in a panel setting by conditioning the impact of individual policies on their own level or on the stance of other policies and institutions....
Persistent link: https://www.econbiz.de/10011914264
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States, Canada, Germany, and several other OECD countries during and after the Great Recession of 2008-09. Unemployment rates … increased moderately in Canada. More recent data also show that, unlike Germany and Canada, the U.S. unemployment rate remains …
Persistent link: https://www.econbiz.de/10013043619