Showing 1 - 10 of 22,703
Persistent link: https://www.econbiz.de/10009304824
unemployment rates. These findings have been interpreted as support for the hysteresis hypothesis. In this paper, we analyze a … panel of unemployment rates of fifteen OECD countries by using a panel-based test. The test exploits the cross … and time periods. It is found that the null hypothesis of a unit root in unemployment rates can be rejected in general …
Persistent link: https://www.econbiz.de/10014069463
Persistent link: https://www.econbiz.de/10001246584
Persistent link: https://www.econbiz.de/10001469965
Persistent link: https://www.econbiz.de/10013401387
In this paper Markus Knell studies the determinants of unemployment in a two-country- model, where real wages are the … monetary union (MU) will (negatively) affect unemployment in all member countries by fundamentally changing the nature of … whatsoever on structural unemployment. …
Persistent link: https://www.econbiz.de/10013436788
Persistent link: https://www.econbiz.de/10012182288
We evaluate the effects of permanently reducing labour tax rates in the euro area (EA) by simulating a large-scale open economy dynamic general equilibrium model. The model features the EA as a monetary union, split in two regions (Home and the rest of the EA - REA), the US, and the rest of the...
Persistent link: https://www.econbiz.de/10011792134
Dieser Aufsatz untersucht die Hypothese, dass der Grad an Arbeitsmarkthysterese in Folge einer Rezession von der Reaktion der Geldpolitik abhängt. Der Hysteresegrad wird in der empirischen Untersuchung durch die geldpolitische Reaktion und Standardvariablen für Arbeitsmarktinstitutionen in...
Persistent link: https://www.econbiz.de/10003772351
Persistent link: https://www.econbiz.de/10001491410