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Technological developments are likely to bring many new opportunities, which may be even larger in emerging economies and may allow them to “leapfrog” certain stages of development. Notwithstanding these opportunities, emerging economies face significant challenges associated with rapid...
Persistent link: https://www.econbiz.de/10012180232
As unemployment rates have reached historical lows across many OECD countries, it is important to focus on the … inactivity across the OECD, focusing on places and people. The paper demonstrates the importance of moving beyond national … averages to understand which regions and cities have higher levels of economic inactivity. It then looks at regional economic …
Persistent link: https://www.econbiz.de/10012135812
the closing of existing firms, to the dramatic decline of total employment and increase of the unemployment rate. We also …
Persistent link: https://www.econbiz.de/10010257916
Since income is the return on wealth, the total wealth of any given country should be on the order of 20 times its GDP. Instead the average observed ratio from the balance sheet accounts of the System of National Accounts (SNA) is a factor of 2.6 to 6.6, depending on whether natural resource...
Persistent link: https://www.econbiz.de/10009767817
As its workforce ages and major economies shift towards producing higher value-added goods and services, New Zealand will face increasing challenges to remain globally competitive and maintain high living standards. Future growth will need to come increasingly from productivity gains, and...
Persistent link: https://www.econbiz.de/10009769652
This paper considers how entitlements to paid leave after the birth of children affect female labour market outcomes across countries. Such entitlements are granted for various lengths of time and paid at different rates, reflecting the influence of different objectives including: enhancing...
Persistent link: https://www.econbiz.de/10009683029
This paper investigates the role of policies and institutions for aggregate labour market dynamics during the global …
Persistent link: https://www.econbiz.de/10009683228
This short paper analyses the decline of France’s trade balance over the past 15 years. While the loss in export market shares is comparable to that of the major OECD countries except Germany, it is one of the largest among the countries of the euro area. The determinants of this outcome seem...
Persistent link: https://www.econbiz.de/10009711211
model that features endogenous producer entry, equilibrium unemployment and costly job creation and destruction. Unlike in …, but some of them -- such as job protection reforms -- are found to increase unemployment temporarily. Implementing a broad …
Persistent link: https://www.econbiz.de/10009690169
productivity gaps, except in the United States where it essentially resulted from a large increase in the unemployment gap. As … States, the large unemployment gap could also keep wage inflation under pressure despite a flattening Phillips curve. These …
Persistent link: https://www.econbiz.de/10009690945