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What's "structural" about unemployment in Europe : on the determinants of the European Commission's NAIRU estimates

Heimberger, Philipp; Kapeller, Jakob; Schütz, Bernhard - 2016

This paper analyzes the determinants of the European Commission's NAIRU estimates for 14 European OECD countries during … 1985-2012. The NAIRU is a poor proxy for 'structural unemployment': Labor market institutions - employment protection … legislation, union density, tax wedge, minimum wages - underperform in explaining the NAIRU, while cyclical variables - capital …

Persistent link: https://www.econbiz.de/10011779361

The rise and fall of Swedish unemployment

Holmlund, Bertil - 2003

in NAIRU but do not appear as promising explanations of the events of the early 1990s. The fall in unemployment in the … NAIRU. …

Persistent link: https://www.econbiz.de/10001754943

The Impact of Tax, Product and Labour Market Distortions on the Phillips Curve and the Natural Rate of Unemployment

Bokan, Nikola - 2010

Most people accept that structural and labour market reforms are needed in Europe. However few have been undertaken. The usual conjecture is that reforms are costly in economic performance and costly to finance. Blanchard and Giavazzi (2003) and Spector (2004) develop a general equilibrium model...

Persistent link: https://www.econbiz.de/10013135626

The rise and fall of Swedish unemployment

Holmlund, Bertil - 2003

in NAIRU but do not appear as promising explanations of the events of the early 1990s. The fall in unemployment in the … NAIRU. …

Persistent link: https://www.econbiz.de/10011507743

The Rise and Fall of Swedish Unemployment

Holmlund, Bertil - 2021

in NAIRU but do not appear as promising explanations of the events of the early 1990s. The fall in unemployment in the … NAIRU …

Persistent link: https://www.econbiz.de/10013319988

Capital Accumulation, Labour Market Institutions, and Unemployment in the Medium Run

Stockhammer, Engelbert; Klaer, Erik - 2009

According to the mainstream view, labour market institutions (LMI) are the key determinants of unemployment in the medium run. The actual empirical explanatory power of measures for labour market institutions, however, has been called into question recently (Baker et al 2005, Baccaro and Rei...

Persistent link: https://www.econbiz.de/10014206776

Makroökonomie: Blind Spot Gender. Erweiterung makroökonomischer Indikatoren durch eine Gender-Komponente am Beispiel der empirischen Phillips-Kurve

Holst, Elke; Barth, Denise - 2019

Dieser Beitrag möchte einen Impuls zur stärkeren Berücksichtigung von Genderaspekten in makroökonomischen Modellen geben. Am Beispiel der Philipps-Kurve geht es um die Frage, ob sich das Erwerbsverhalten von Frauen und Männern so stark voneinander unterscheidet, dass sich dies im Verlauf...

Persistent link: https://www.econbiz.de/10012015071

Does employment protection affect unemployment? A meta-analysis

Heimberger, Philipp - 2020

Despite extensive research efforts, the magnitude of the effect of employment protection legislation (EPL) on unemployment remains unclear. Existing econometric estimates exhibit substantial variation, and it is therefore difficult to draw valid conclusions. This paper applies meta-analysis and...

Persistent link: https://www.econbiz.de/10012262788

Makroökonomie : Blind Spot Gender : Erweiterung makroökonomischer Indikatoren durch eine Gender-Komponente am Beispiel der empirischen Phillips-Kurve

Holst, Elke; Barth, Denise - 2019

Persistent link: https://www.econbiz.de/10012014418

Does employment protection affect unemployment? : a meta-analysis

Heimberger, Philipp - 2020

Persistent link: https://www.econbiz.de/10012170641