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and real wage rigidities. In our analysis, we focus on the differentials in inflation and unemployment between countries … inflation and unemployment differentials. Second, we find that asymmetries in labor market structures tend to increase the … volatility of both inflation and unemployment differentials. Finally, we show that it is important to take into account the …
Persistent link: https://www.econbiz.de/10009536516
unemployment in a range of EMU countries and to compare the results across countries. A time-series analysis is conducted in the … literature on capital stock and unemployment, before it deals with the theoretical model. This is followed by estimation and … hypothesis of the paper: capital stock is an important determinant of unemployment and wages in the countries considered for the …
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emerge as more persistent in the EA than in the US in the face of import price, unemployment, or permanent productivity …
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EMU, e.g. due to further rising unemployment, become too large to bear. …
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Weltwirtschaft durch die Corona-Schocks sein wird. Die Europäische Union muss – wie die USA und China – mit dem Corona-Schock mehrere … Einkommensungleichheit. Corona-Probleme in den USA sollten zu Gesundheitssystem-Reformen führen, während Deutschland und Österreich fürs …
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composition of the labour force related to unemployment variations over the cycle. Using longitudinal micro data from the ECHP and … SILC panels to control for composition effects, we estimate the elasticities of real wage growth to unemployment increases …
Persistent link: https://www.econbiz.de/10011386663