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This paper is aimed at investigating the effects of government intervention through unemployment benefits on macroeconomic dynamics in an agent based decentralized matching framework. The major result is that the presence of such a public intervention in the economy stabilizes the aggregate...
Persistent link: https://www.econbiz.de/10010330079
The thesis offers a new framework for inflation as a process of restructuring. Contrary to existing theories of inflation, which tend to take structure and institutions as given for the purpose of analysis, we argue that inflation could be understood only in terms of ongoing structural and...
Persistent link: https://www.econbiz.de/10011646704
economic and financial crisis influenced the social developments.. In this context, I performed two institutional clusters … depending on their inclusive or extractive institutional features and, in each cases, I computed the crisis effect on …
Persistent link: https://www.econbiz.de/10012009029
The start of the financial crisis in mid-2007 at a global scale had a major impact on the European Union’s economy. All … precisely on analysing the social costs which the economic-financial crisis has generated in the European Union. After finishing … of the crisis and continue to do so even today. These consist in the increase of poverty and social exclusion, rise in …
Persistent link: https://www.econbiz.de/10012017097
The Austrian Beveridge curve shifted in 2014, leading to ongoing academic discussions about the reasons behind this shift. While some have argued that the shift was caused by a supply shock due to labour market liberalization, others have stated that matching efficiency decreased. Using a new...
Persistent link: https://www.econbiz.de/10012099113
further, raising the ante for a prolonged accumulation crisis. Eventually, though, capitalists are likely the resolve their … CasP crisis, as they have done repeatedly for nearly a century, by offloading it onto the underlying population in the form …
Persistent link: https://www.econbiz.de/10011911768
This research note starts by showing that, for much of the postwar period, U.S. unemployment to has been a highly reliable leading indicator for the capitalist share of domestic income three years later, and then assesses whether this relationship still holds.
Persistent link: https://www.econbiz.de/10011926601
The Austrian Beveridge curve shifted in 2014, leading to ongoing academic discussions about the reasons behind this shift. While some have argued that the shift was caused by a supply shock due to labour market liberalization, others have stated that matching efficiency decreased. Using a new...
Persistent link: https://www.econbiz.de/10011950276
The Austrian Beveridge curve shifted in 2014, leading to ongoing academic discussions about the reasons behind this shift. While some have argued that the shift was caused by a supply shock due to labour market liberalization, others have stated that matching efficiency decreased. Using a new...
Persistent link: https://www.econbiz.de/10011962139
mentioned determining factors, in our model is evaluated also the impact of the manifestation of the recent financial crisis …
Persistent link: https://www.econbiz.de/10011316257