Showing 1 - 10 of 12,987
This paper assesses several early warning (EWS) models of financial crises to propose a model that can predict the incidence of a currency crisis in developing countries. For this purpose, we employ the equal weighting (EW) and dynamic model averaging (DMA) approaches to combine forecast from...
Persistent link: https://www.econbiz.de/10012311939
-Mortensen-Pissarides model. Log linearization under- states the mean and volatility of unemployment, but overstates the volatility of labor … market tightness and the magnitude of the unemployment-vacancy correlation. Log linearization also understates the impulse … responses in unemployment in recessions, but overstates the responses in the market tightness in booms. Finally, the second …
Persistent link: https://www.econbiz.de/10011801599
We study unemployment insurance in a framework where the main source of heterogeneity among agents is the type of … aggregate wealth moments. Our central finding is that changes to the current unemployment insurance program are valued … differently by married and single households. In particular, a more generous unemployment insurance reduces the welfare of married …
Persistent link: https://www.econbiz.de/10012202383
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/10012144890
This study aims to investigate the short-run and long-run relationship between economic variables and the unemployment …-run relationship between the unemployment rate and the selected economic variables. Data were collected from WDI, WGI, and FDSD for the … between the unemployment rate and economic variables over time. The finding of the study showed a negative and significant …
Persistent link: https://www.econbiz.de/10012131551
analyse social variables such as unemployment and standard of living, and political variables such as corruption, political … (generalized method of moments). The study's findings demonstrate that high levels of unemployment in the Western Balkan region are …
Persistent link: https://www.econbiz.de/10014555770
's technology choice is embedded in a search theoretic framework for unemployment. More advanced technology is assumed to have a … increase in the unemployment benefit leads to an increase in the equilibrium wage rate, giving an incentive to firms to choose … a more advanced technology. Thus, this result regarding unemployment insurance in models with wage posting carries …
Persistent link: https://www.econbiz.de/10013454398
This text focuses on long-term unemployment in the German labor market caused by insufficient work skills capabilities …
Persistent link: https://www.econbiz.de/10009758843
After the Hartz reforms of 2003-2005, unemployment in Germany has gone down significantly. Using a structural … less than 0.1 percentage point of the decline in the observed unemployment rate. A substantial degree of influence, to the … contrary, is attributed to the preceding Hartz III reform. Thus, the reduction of unemployment compensation could have been …
Persistent link: https://www.econbiz.de/10010257771
between vacancies and unemployment with a structural change-an outward shift-around 1986. …
Persistent link: https://www.econbiz.de/10010466551