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. Unfortunately, in many African countries, unemployment rates are low and growth is seldom jobless. Regrettably, most of the poor … unemployment and unmet job expectations are alarming. Consequently, this paper provides a framework that cuts across sectors and …
Persistent link: https://www.econbiz.de/10013076960
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made in terms of several macroeconomic indicators, GDP, Unemployment, Inflation, Current Account Balances, and debt. …
Persistent link: https://www.econbiz.de/10009774315
This paper investigates the dynamics of income distribution, private debt, and aggregate demand in the United States in the era before the Great Depression. Based on a post-Keynesian model, I estimate the effects of the wage share and private debt on aggregate demand for private domestic output....
Persistent link: https://www.econbiz.de/10011659469
Since the 1970s, Chile has exhibited a highly skewed income distribution accompanied with strong fluctuations over time. Although income distribution worsened notably in the 1970s-80s, a significant improvement was recorded in the first half of the 1990s, resulting from better economic and...
Persistent link: https://www.econbiz.de/10009408448
This paper examines the dynamic relationships that exist between output growth and unemployment and assesses the role … support for the hypothesis of non-linearity in the dynamic relationship between output and unemployment. We therefore … dynamic relationship is non-linear and hump-shaped. At unemployment rates below the threshold of 5.5%, the relationship is …
Persistent link: https://www.econbiz.de/10013090369
collapse and rising unemployment, this paper stresses that the impact of the crisis is rather diverse, reflecting differences …
Persistent link: https://www.econbiz.de/10013141781
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