Showing 1 - 10 of 511
We introduce "fair" wages in a general-equilibrium model where worker's effort is unobservable and investigate whether such a mechanism can quantitatively account for the degree of real wage rigidity in the Bulgarian labor markets, as documented in Lozev, Vladova, and Paskaleva (2011) and...
Persistent link: https://www.econbiz.de/10012384140
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
A historically high level of youth unemployment presents Greece with a huge social and economic challenge. This paper …
Persistent link: https://www.econbiz.de/10011409613
between vacancies and unemployment with a structural change-an outward shift-around 1986. …
Persistent link: https://www.econbiz.de/10011603707
from household surveys. We analyze the case of the national unemployment rate for Ecuador; assess the potential …
Persistent link: https://www.econbiz.de/10011985533
The regional unemployment disparities are a common feature of the labor market in many EU countries. Nowadays, not only …, even if the regional disparities in employment and unemployment in EU states have diminished at the beginning of the XXIst … causes that determined the regional unemployment disparities in EU might be the level and the power of unions, the labor …
Persistent link: https://www.econbiz.de/10012017134
The aim of this paper is to examine the dynamical and structural characteristics of Slovakia using a dynamic stochastic general equilibrium model augmented with search and matching mechanisms and other forms of frictions. I implement a switching mechanism to account for the monetary regime...
Persistent link: https://www.econbiz.de/10011860063
This article analyzes the effects on the West Bank economy of temporary Palestinian employment in Israel, using a new database and a computable general equilibrium model. The results show that Palestinian employment in Israel increases household incomes but distorts the operation of the West...
Persistent link: https://www.econbiz.de/10014553719
Background: Although unemployment rates are at historical lows, there is still a persistent gap between unemployment …. Conclusions: Lowering the disproportionate rate at which black men are incarcerated will not in itself eliminate the unemployment …
Persistent link: https://www.econbiz.de/10012290401
This paper provides robust estimates of the impact of both product and labor market regulations on unemployment using … set of covariates, results show that product market deregulation overall reduces the unemployment rate. This finding is … effect: deregulation of state controls and in particular involvement in business operations tend to push up the unemployment …
Persistent link: https://www.econbiz.de/10012290405