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double-digit unemployment rates of the foreign migrant population in the former 'guest-worker' importing country. This …
Persistent link: https://www.econbiz.de/10008810657
A tractable model with infinitely lived agents is constructed for the examination of bubbles and unemployment. It is … demonstrated that the presence of bubbles stimulates capital accumulation and reduces unemployment. The presence of bubbles also … changes the effects of government policies that target unemployment and welfare conditions in the labor market. The main …
Persistent link: https://www.econbiz.de/10012826419
This paper extends the earlier literature on the effects of return migration by studying selection and labour market … on individual payroll taxes. The econometric analysis focuses on the selection to temporary migration and estimation of … temporary labour migration for young people relative to older people, and among youth the share of the unexplained fraction of …
Persistent link: https://www.econbiz.de/10013010093
market economy -- .Chapter 4. Unemployment: Why can't people who want to work find jobs? -- .Chapter 5 - Creating a …
Persistent link: https://www.econbiz.de/10014019807
Persistent link: https://www.econbiz.de/10011710968
The phrase financial contagion draws on a concept whose root meaning lies in the field of epidemiology. Like almost all metaphors, this one has the power to illuminate and to mislead. Its referent is the spread of financial distress from one firm, market, asset class, nation, or geographical...
Persistent link: https://www.econbiz.de/10013127840
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We extended the Cole and Kehoe model (1996) by adding trade and debt denominated in national currency. We then evaluated some external debt defaults and steep national currency devaluations occurred during last decades. Although default is unlikely, steep devaluation has been repeatedly...
Persistent link: https://www.econbiz.de/10013075668