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, 2007); and second, that financial deepening has an optimum unemployment rate-wise, as initially supported by Georgiou (2009 …
Persistent link: https://www.econbiz.de/10013089099
In the present paper an attempt has been made to estimate how political stability affects economic growth. This analysis refers to the three economic poles (EU, Japan and the United States) for the period (1998-2013). The findings of present model are in agreement with (Alberto et al., 1996; Aisen...
Persistent link: https://www.econbiz.de/10013045087
In the past decades unemployment in the Netherlands has gone down substantially. The main suspects responsible for this … unemployment rate in the Netherlands has increased somewhat. However, since the huge decline in unemployment was due to structural … improvements in the functioning of the labor market there is not a lot of reason to worry about the recent rise in unemployment …
Persistent link: https://www.econbiz.de/10011507711
business background (CEO governors), focusing on income growth, unemployment, private investment, and income inequality … private capital stock, and a 0.6 percentage points lower unemployment rate than are the tenures of non-CEO governors. Income …
Persistent link: https://www.econbiz.de/10011557923
decreased the employment rate by 0.82%p and increased the unemployment rate by 0.29%p. These estimated effects are 90 …
Persistent link: https://www.econbiz.de/10012431574
advantage of individual-level longitudinal data to observe the impacts of minimum wage changes on unemployment and labor force … determines unemployment and labor force participation. Specifically, the empirical strategy controls any fixed individual … increase in unemployment immediately following a minimum wage increase. In addition, it does not appear that employers are …
Persistent link: https://www.econbiz.de/10011978325
Previous work has investigated whether political instability has a negative effect on economic growth, with mixed results, largely because political instability can take various forms. Using synthetic control methodology, which constructs a counterfactual in the absence of political instability,...
Persistent link: https://www.econbiz.de/10011638209
Do political regime and freedom have a significant effect on economic growth? This paper tries to maintain differences in three political regimes viz. autocracies, bureaucracies and democracies and examines whether these regimes have different features overall and within specific continents in...
Persistent link: https://www.econbiz.de/10014222347
Recent empirical work has established that 'democracy causes growth'. In this paper, we determine the underlying institutions which drive this relationship using data from the Varieties of Democracy project. We sketch how incentives and opportunities as well as the distribution of political...
Persistent link: https://www.econbiz.de/10014334859
With an increasing global economic dependence, geopolitical risk has become one of the primary determinants of economic decision-making across countries. Previous studies do highlight the significant role that political instability, terror, and other internal and external conflicts play in...
Persistent link: https://www.econbiz.de/10014259632