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reducing unemployment compared to most continental European OECD countries. As a rule they have also been and are still ahead …
Persistent link: https://www.econbiz.de/10010496600
unemployment rate climbed to unprecedented levels and the growth rate of productivity decreased considerably. More recent times … fall in labor union power to have a significant easing effect on the unemployment rate, but also to be a major driver in …
Persistent link: https://www.econbiz.de/10009127008
' ‘search intensity' that is recovered from micro-data on individual unemployment-to-employment transitions, in line with recent …
Persistent link: https://www.econbiz.de/10012950327
unemployment. The results suggest that the elasticity is indeed negative, i.e. that real wages are lower in local labour markets … with higher unemployment. The size of the elasticity for the euro area is similar to that found in previous studies for a … number of countries, including the United States. Furthermore, there is some variation in the unemployment elasticity by …
Persistent link: https://www.econbiz.de/10013318609
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 …
Persistent link: https://www.econbiz.de/10011437769
, inflation and unemployment, we detect a wrong sign in the response of inflation to contractionary monetary policy shocks … significant unemployment inflation trade-off emerges. These conclusions are confirmed by using industrial production instead of … the unemployment rate in the VAR model. …
Persistent link: https://www.econbiz.de/10013168711
Using administrative panel data on the entire population of new labour immigrants to The Netherlands, we estimate the … causal effects of labour dynamics on their return decisions. Specifically, the roles of unemployment and re-employment spells … the model separately for distinct immigrant groups, and find that, overall, unemployment spells shorten immigration …
Persistent link: https://www.econbiz.de/10009307601
Persistent link: https://www.econbiz.de/10001548816
This article is concerned with the dynamic behaviour of UK unemployment. However, instead of using traditional … suggest that the UK unemployment may be explained in terms of lagged values of the real oil prices and the real interest rate …, with the order of integration of unemployment ranging between 0.50 and 1. Thus, unemployment shows the characteristics of …
Persistent link: https://www.econbiz.de/10009582384
countries, we find that non-technological news shocks explain a significant proportion of unemployment's variance in the medium … response of unemployment to such shock if one allows for small deviation from rational expectations …
Persistent link: https://www.econbiz.de/10014352734