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We estimate the relationship between investment and unemployment in order to explore whether the medium … up, both employment and investment fell although the estimated coefficient of investment is slightly smaller when the …
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As China implements reforms under the “new normal,” maintaining stability in the labor market is a priority. The country's demography and labor dynamics are changing, after benefitting in past decades from ample cheap labor. So far, the labor market appears to be resilient, even as growth...
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According to the mainstream view, labour market institutions (LMI) are the key determinants of unemployment in the … insufficient capital accumulation responsible for unemployment (Arestis et al 2007). Empirical work in this tradition has paid … capital accumulation as a macroeconomic shock. In the empirical analysis, medium-term unemployment is explained by capital …
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between investment and unemployment, c) we show the revival of the Phillips curve, especially in Germany, d) we test for the … reciprocal relationship. The variable considered are: unemployment, inflation, consumptions, investments and current accounts. We … relationship between unemployment and the Government deficit, e) we show the existence of a relationship between unemployment and …
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