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The recovery from the Great Recession: a long, evolving expansion
Shambaugh, Jay C.; Strain, Michael R. - 2021
Prior to 2020, the Great Recession was the most important macroeconomic shock to the United States economy in generations. Millions lost jobs and homes. At its peak, one in ten workers who wanted a job could not find one. On an annual basis, the economy contracted by more than it had since the...
Persistent link: https://www.econbiz.de/10012405441
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Employment Deindustrialization : Understanding Jobless Growth in the Manufacturing Industry
Gil, Eunsun - 2022
Deindustrialization in advanced countries (especially in the United States) has been discussed since the 1980s, but what we actually have observed is a distinct pattern of employment deindustrialization rather than a severe decline in the output share of manufacturing. Meanwhile, the service...
Persistent link: https://www.econbiz.de/10014078324
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The accumulation of human and market capital in the United States: the long view, 1948-2013
Fraumeni, Barbara M.; Christian, Michael S.; Samuels, Jon D. - 2020
Over the 1948-2013 period, many factors significantly impacted on human capital, which in turn affected economic growth in the United States. This chapter analyzes these factors within a complete national income accounting system which integrates Jorgenson-Fraumeni human capital into the...
Persistent link: https://www.econbiz.de/10012213777
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Unemployment, growth and speed of transition in China
Fidrmuc, Jan; Huang, Shuo - 2013
We investigate the relationship between unemployment and growth in China. We find considerable differences in the … find a hump-shaped relationship between unemployment and our proxy for the speed of reform. The current unemployment in …
Persistent link: https://www.econbiz.de/10010189833
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Labor market dynamics in Tunisia: The issue of youth unemployment
Stampini, Marco; Verdier-Chouchane, Audrey - 2011
2007 that include a longitudinal component. It first shows that sustained economic growth will reduce youth unemployment … reduce youth unemployment. Third, the analysis of labor market characteristics reveals that young graduates experience long … unemployment as they cue for high-skill jobs. Moreover, the public sector remains the main provider of employment opportunities for …
Persistent link: https://www.econbiz.de/10010278333
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Double Dip Looming for Housing Prices and its Impact on Economic Growth
Wind, Serge L. - 2015
unemployment rates. The possibility of a double-dip recession is also explored …
Persistent link: https://www.econbiz.de/10013038549
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Growth and Non-Regular Employment
Miyamoto, Hiroaki - 2012
. Data from Japan shows that productivity growth reduces both unemployment and the proportion of non-regular workers to total … employed workers. In order to study the impact of long-run productivity growth on unemployment and non-regular employment, I … faster growth on unemployment is ambiguous …
Persistent link: https://www.econbiz.de/10013102988
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Understanding the relationship between growth and employment in Nigeria
Ajakaiye, Olu; Jerome, Afeikhena T.; Nabena, David; … - 2015
This study examines the relationship between growth and employment in Nigeria to gain insights into the country's paradox of high economic growth alongside rising poverty and inequality. The methodology adopted is the Shapley decomposition approach, complemented with econometric estimation of...
Persistent link: https://www.econbiz.de/10011405514
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Gender wage disparity and economic prosperity in Pakistan
Javed, Maria Faiq; Jadoon, Atif Khan; Malik, Ayesha; … - In: Cogent economics & finance 10 (2022) 1, pp. 1-16
The present study is designed to examine the relationship between wage inequalities and economic prosperity in the case of Pakistan. Using provincial-level data for the years 2000 to 2020, the study estimated a multivariate regression model by employing Auto Regressive Distributive Lag (ARDL)...
Persistent link: https://www.econbiz.de/10013460049
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Growth and Employment Dynamics in Botswana : A Case Study of Policy Coherence
Siphambe, Happy Kufigwa - 2008
Botswana has experienced a spectacular economic performance since gaining independence in 1966. While the foundation of its growth lies in the country's mineral wealth, the present paper argues that public expenditure has been the main conduit to channel mining revenues back into the economy....
Persistent link: https://www.econbiz.de/10014221802