Showing 1 - 10 of 249
Switzerland has a well-functioning labour market with low unemployment, a highly skilled workforce and well-paid jobs. It has proved resilient during the COVID-19 crisis, helped by extensive government support to employment and incomes. As activity recovers, the authorities face the challenge of...
Persistent link: https://www.econbiz.de/10013278629
This paper examines changes in individual earnings during positive and negative growth periods in three Latin American economies: Argentina, Mexico, and Venezuela. We ask whether those individuals who start in the best economic position are those who experience the largest earnings gains or the...
Persistent link: https://www.econbiz.de/10013316682
To the layman, the upward trend in European unemployment is related to the slowdown in economic growth. We argue that the layman's view is correct. The increase in European unemployment and the slowdown in economic growth are related because they stem from a common cause: an excessively high...
Persistent link: https://www.econbiz.de/10014029390
quantitative theory to study the dynamic implications of informality on wage inequality, human capital accumulation, child labor … and long-run growth. Our model can generate transitory informality equilibria or informality-induced poverty traps. Its … calibration reveals that the case for the poverty-trap hypothesis is strong: although informality serves to protect low …
Persistent link: https://www.econbiz.de/10010230511
This paper contributes a theoretical model to study the effects of short-term movements of skilled labour on a country's economic growth. As traditional migration models emphasise the long-term effects of migration on factor endowments, they typically omit the analysis of gross labour flows....
Persistent link: https://www.econbiz.de/10003331854
Impressive productivity performance during the last decades has weakened since 2007, reflecting the 2008-09 recession but also a poor performance in important sectors, like the information and communication technology sector. Reforms to raise long term productivity growth need to be pursued....
Persistent link: https://www.econbiz.de/10009690915
In this paper we implement a non-dynamic panel threshold model for fifty U.S. states to better understand the factors determining changes in Okun’s Law. We test for asymmetries in Okun’s Law controlling for changes in industry employment. We find changes in output on unemployment are least...
Persistent link: https://www.econbiz.de/10010242983
Taking off from the self-evident fact that the population variable centrally figures in both labor and product markets, this paper argues that the growth rate of population, its age structure and spatial distribution should be key considerations in a country’s development strategy to promote...
Persistent link: https://www.econbiz.de/10010371422
This paper empirically evaluates the economic performance of U.S. state governors who came to the position from a business background (CEO governors), focusing on income growth, unemployment, private investment, and income inequality. Methodologically, I apply a matching method to account for...
Persistent link: https://www.econbiz.de/10011557923
The literature on unemployment has mostly focused on labor market issues while the impact of capital formation is largely neglected. Job-creation is often thought to be a matter of encouraging more employment on a given capital stock. In contrast, this paper explicitly deals with the long-run...
Persistent link: https://www.econbiz.de/10010495336