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Recent studies have indicated that the terms 'NAIRU' (non-accelerating inflation rate of unemployment) and 'natural … features. This study evaluates comparatively the inflation-forecasting power of alternative time-varying estimates of the … twentieth century. The analysis reveals that the overall inflation-forecasting utility of the natural rate of unemployment …
Persistent link: https://www.econbiz.de/10005835658
The discussion over the relationship between the inflation, unemployment and economic growth has been relevant over the … stability, ceteris paribus, will have a beneficial effect on employment and economic prosperity measured with GDP growth …, the aim of this study is to examine the interdependence between the inflation, unemployment and economic growth through an …
Persistent link: https://www.econbiz.de/10014530289
The voluminous literature comparing public-private partnerships (P3s) and own-investment (OI) by the public sector is dominated by contributions from microeconomic theory. This paper gives macroeconomics a voice in the debate by investigating the repercussions of P3 vs. OI in a dynamic general...
Persistent link: https://www.econbiz.de/10012982430
employment of foreign labour, and perceived racial discrimination. At the same time, Chinese investment in the extractive sector …-economic indicators such as local employment rates and infrastructure levels. Our logistic regression analysis for the period 1997 …
Persistent link: https://www.econbiz.de/10011747117
As by product of economic growth, jobs are indeed transformational. In other words, efficiency increases as workers get better at what they do (as more productive jobs appear and less productive ones disappear). In fact societies flourish as jobs bring together people from different ethnic and...
Persistent link: https://www.econbiz.de/10013076960
market deregulation, proxied by the employment protection legislation index, is detrimental to unemployment in the short run … employment protection, young workers are almost twice as strongly affected as older workers. Regarding product market …
Persistent link: https://www.econbiz.de/10011902269
This paper explores evidence for positive hysteresis in the labor market. Using data from the National Longitudinal Surveys of Youth, we find that negative labor market outcomes during high unemployment periods are mitigated by exposure to a high-pressure economy during the preceding expansion....
Persistent link: https://www.econbiz.de/10012852979
This paper explores the evidence for positive hysteresis in the labor market. Using data from the National Longitudinal Surveys of Youth, we find that negative labor market outcomes during high unemployment periods are mitigated by exposure to a high-pressure economy during the preceding...
Persistent link: https://www.econbiz.de/10012924924
This paper explores the evidence for positive hysteresis in the labor market. Using data from the National Longitudinal Surveys of Youth, we find that negative labor market outcomes during high-unemployment periods are mitigated by exposure to a high-pressure economy during the preceding...
Persistent link: https://www.econbiz.de/10011791237
market deregulation, proxied by the employment protection legislation index, is detrimental to unemployment in the short run … employment protection, young workers are almost twice as strongly affected as older workers. Regarding product market …
Persistent link: https://www.econbiz.de/10011896646