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Wald test and error correction model provide exactly the same conclusion of a uni-directional causality from unemployment … contrary to unemployment–output relationship even though unemployment rate determines the real output growth in Nigeria but not … drastic reduction of unemployment which is a pointer to increasing aggregate demand and output growth in Nigeria in the long …
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of the individual is high compared to the bargaining power of the union, there is more unemployment with individual wage … vacancy is sufficiently high, there is more unemployment with individual wage setting. Finally, for a constant marginal … bargaining produces more unemployment. …
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The study is devoted to the Ukrainian capital outflow analysis, finding main reasons, consequences and working out the … significant impact on the economy offshoring. The influence of various factors (x1, x2….xn) on capital outflow was estimated on a …
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If the world’s countries seriously tackle the climate targets agreed upon in Paris, their citizens are likely to experience substantial changes in production, consumption, and employment. We present a long-run post-Keynesian model for studying the potential implications of a major transition...
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