Showing 1 - 10 of 21,029
collapse and rising unemployment, this paper stresses that the impact of the crisis is rather diverse, reflecting differences … ; unemployment ; macroeconomic policy ; labour market policy …
Persistent link: https://www.econbiz.de/10003962631
Most economists maintain that the labor market in the United States (and elsewhere) is tight because unemployment rates … are low and the Beveridge Curve (the vacancies-to-unemployment ratio) is high. They infer from this that there is … stagnant for some time. We show that unemployment is not key to understanding wage formation in the USA and hasn t been since …
Persistent link: https://www.econbiz.de/10014078744
inflation and unemployment. We focus on the G7 economies plus Spain, and use monthly data –high-frequency data in a macro …. We find that total connectedness is larger for prices (58.28%) than for unemployment (41.81%). We also identify …
Persistent link: https://www.econbiz.de/10012491801
To understand how the welfare state adjusts to economic shocks it is important to explain both the genesis of popular preferences and the institutional incentives of governments to respond to these preferences. This paper attempts to do both, using a general theoretical framework and detailed...
Persistent link: https://www.econbiz.de/10014027617
Persistent link: https://www.econbiz.de/10012991304
We consider a dynamic general equilibrium model with collective wage bargaining and investigate how unemployment … unemployment persistence by its adverse impact on growth, and may even destabilize the adjustment path. If this is the case, a … future fiscal consolidation is needed which further raises unemployment. These results are consistent with empirical evidence …
Persistent link: https://www.econbiz.de/10014130501
We consider a dynamic general equilibrium model with collective wage bargaining and investigate how unemployment … unemployment persistence by its adverse impact on growth, and may even destabilize the adjustment path. If this is the case, a … future fiscal consolidation is needed which further raises unemployment. These results are consistent with empirical evidence …
Persistent link: https://www.econbiz.de/10001565847
We consider a dynamic general equilibrium model with collective wage bargaining and investigate how unemployment … unemployment persistence by its adverse impact on growth, and may even destabilize the adjustment path. If this is the case, a … future fiscal consolidation is needed which further raises unemployment. These results are consistent with empirical evidence …
Persistent link: https://www.econbiz.de/10011419352
of the unemployment rate and of worker transitions …
Persistent link: https://www.econbiz.de/10012922444
This paper analyses the mechanics and ramifications of a rise in social agitations worldwide. It combines pertinent scholarly works, anecdotes and contemporary news reports to inquire whether the global middle class is consolidating to lead a mass-based revolt within societies – as well as the...
Persistent link: https://www.econbiz.de/10014160310