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gravity models for developed countries to include unemployment (chapter 2) and for Latin American and Caribbean developing … migration and trade and their effects on unemployment (chapter 5), and the dynamics of democracy and income chapter 6). …
Persistent link: https://www.econbiz.de/10011742960
In the present paper it will be pointed out with a panel data econometric model that there is a trade-off between government debt to GDP and the household debt to total household income. The estimation of the model is made feasible through the Eviews software package. This finding can be of use...
Persistent link: https://www.econbiz.de/10013118677
This paper throws new light on the relationship between income and democracy. Using data for 162 countries over 1960-2018, we show that the causal relationship between political and economic development is U-shaped: "intermediate" political regimes significantly lead to inferior economic...
Persistent link: https://www.econbiz.de/10013412764
changes in output on unemployment are least sensitive for states with relatively large employment within government … manufacturing sectors. States with lower manufacturing employment have a less sensitive output to unemployment relationship, but the …
Persistent link: https://www.econbiz.de/10010242983
gravity models for developed countries to include unemployment (chapter 2) and for Latin American and Caribbean developing … migration and trade and their effects on unemployment (chapter 5), and the dynamics of democracy and income chapter 6). …
Persistent link: https://www.econbiz.de/10011698345
It is well-known in the literature that income per capita is strongly correlated with the level of democracy across countries. In an influential paper, Acemoglu et al. (2008) find that this linear correlation disappears once they control for country-specific effects focusing on within-country...
Persistent link: https://www.econbiz.de/10013122635
The present research provides evidence on the determinants driving the differences in the unemployment …
Persistent link: https://www.econbiz.de/10012129903
This paper examines the usefulness of the Okun relationship as a “rule of thumb” for predicting changes in unemployment … differential reaction of unemployment to changes in the various expenditure components of GDP - significantly enhances the capacity … of the Okun relationship (in comparison to the aggregate “rule of thumb”) for predicting movements in unemployment. The …
Persistent link: https://www.econbiz.de/10013043078
immigration on unemployment. The transitory restrictions for worker migration after the EU enlargements of 2004 and 2007 exemplify … alongside trade on unemployment taking into account the substitutability of worker and goods flows. We use data from 24 OECD … persistence of unemployment. We find a significant negative effect of immigration on unemployment on average …
Persistent link: https://www.econbiz.de/10013117376
relation in first differences, the possible lagged effect of GDP dynamics on unemployment changes, the persistence of … unemployment rate dynamics, the possible different values of Okun coefficients under recession (with respect to periods of … coefficients), the additional effect on unemployment caused by large adverse shocks such as financial crises. A distinctive feature …
Persistent link: https://www.econbiz.de/10012909210