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In this paper we present and analyze the IMF's labor market recommendations for advanced economies since the beginning of the crisis, both in general and specifically in program countries. Our analysis is informed by our reading of the theoretical and empirical literature on the design of labor...
Persistent link: https://www.econbiz.de/10011606536
reunification. The decline in unemployment can partly be attributed to the end of the transformation in East Germany. It also … Greece, German unemployment assistance is still very generous. Thus, for the member states of the Eurozone Hartz IV is not a …
Persistent link: https://www.econbiz.de/10012119364
Older people in developed countries are living longer and healthier lives. A prolonged and healthy mature period of life is often associated with continued and active participation in the labor market. At the same time, active grandparents can offer their working offspring a free, flexible, and...
Persistent link: https://www.econbiz.de/10011662656
higher flexibility at the onset of the crisis contributed to a reduction in the unemployment rates after the crisis, while a …
Persistent link: https://www.econbiz.de/10012290408
The Netherlands is an example of a highly institutionalized labor market that places considerable attention on equity concerns. The government and social partners (unions and industry associations) seek to adjust labor market arrangements to meet the challenges of increased international...
Persistent link: https://www.econbiz.de/10011820344
form of involuntary part-time employment and headline unemployment rate. Both indicators have contributed positively to … cumulative core inflation since 2015 but headline unemployment rate much less so. The contribution of trend productivity growth … post-crisis period-has corresponded with slow pass through from declining unemployment rates to faster wage growth. We …
Persistent link: https://www.econbiz.de/10011984750
This paper offers a reappraisal of the inflation-unemployment tradeoff, based on ?frictional growth,? describing the … expectations, there is a long-run inflation-unemployment tradeoff. Our empirical analysis suggests that this Phillips curve may be … reasonably flat. We show that the persistence of inflation and unemployment, in response to monetary policy shocks, is related to …
Persistent link: https://www.econbiz.de/10010313770
attested by the finding that African American workers suffer from higher unemployment rates with higher volatility, lower …
Persistent link: https://www.econbiz.de/10013333540
unemployment that is in line with other emerging markets and regional peers. We also find that the relationship has been somewhat … components of GDP may cause different unemployment reactions, an important issue that has not been sufficiently addressed in the …
Persistent link: https://www.econbiz.de/10012217905
seekers or those who have gone through long-periods of unemployment or inactivity, to gain some work experience and in the …
Persistent link: https://www.econbiz.de/10011606546