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Microeconomic flexibility, by facilitating the process of creative-destruction, is at the core of economic growth in modern market economies. The main reason for why this process is not infinitely fast is the presence of adjustment costs, some of them technological, others institutional. Chief...
Persistent link: https://www.econbiz.de/10010369131
vacancy-unemployment relation …
Persistent link: https://www.econbiz.de/10012978974
Microeconomic flexibility is at the core of economic growth in modern market economies because it facilitates the process of creative-destruction, The main reason why this process is not infinitely fast, is the presence of adjustment costs, some of them technological, others institutional. Chief...
Persistent link: https://www.econbiz.de/10014070107
Persistent link: https://www.econbiz.de/10002222452
Microeconomic flexibility, by facilitating the process of creative-destruction, is at the core of economic growth in modern market economies. The main reason for why this process is not infinitely fast is the presence of adjustment costs, some of them technological, others institutional. Chief...
Persistent link: https://www.econbiz.de/10011607672
Throughout the world, strong dispersions of both regional and national unemployment rates can be observed. The economic … between size and unemployment. Using data from 37 countries, 15 continents and trade areas as well as 496 federal states, we … will demonstrate that larger economic regions tend to have higher unemployment rates. Subsequently, we show that this …
Persistent link: https://www.econbiz.de/10009424775
We estimate Okun's law, the negative relationship between output and the unemployment rate, at the sector level for the … coefficients are proportional to the aggregate in all four countries. We also show that the standard deviation of unemployment is …
Persistent link: https://www.econbiz.de/10012841145
unemployment depends positively on the drift coefficients and negatively on the volatility coefficients of both price and … relation of inflation and productivity with unemployment at low frequencies. Long-run unemployment is negatively correlated …
Persistent link: https://www.econbiz.de/10012952658
unemployment depends positively on the drift coefficients and negatively on the volatility coefficients of both price and … relation of inflation and productivity with unemployment at low frequencies. Long-run unemployment is negatively correlated …
Persistent link: https://www.econbiz.de/10012981014
Although the negative economic effects of temporary employment are widely discussed, cross-country research on firms' demand for temporary employment is rare. National studies indicate that workload fluctuations are one major motive for firms to employ temporary workers. By studying a novel data...
Persistent link: https://www.econbiz.de/10009629715