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Purpose – The purpose of this paper is to investigate the effects of national unemployment rates on overall age and … the unemployment‐mortality relationship by utilising fixed effect models with controls for various indicators that are …
Persistent link: https://www.econbiz.de/10014863180
methods, the offsetting effects of a monetary policy change on the output‐inflation and unemployment‐inflation trade …
Persistent link: https://www.econbiz.de/10014863192
large number of competitive firms produce a homogeneous output good. Involuntary unemployment arises from a too high and …
Persistent link: https://www.econbiz.de/10014863207
less developed area in Greece (the north‐western region of Epirus), where unemployment has severe detrimental repercussions … for incidental truncation, in order to show that the duration of the prior unemployment spell negatively affects the … duration of the current employment spell and vice versa, which highlights the phenomenon of an “unemployment trap”. Furthermore …
Persistent link: https://www.econbiz.de/10014863257
Purpose – This paper aims to provide an account of the unemployment performance of two Nordic countries during their … conduct dynamic simulation exercises and explore the determinants of unemployment. Findings – The analysis yields two main … findings. First, the capital stock was the most important determinant of the unemployment trajectory in both countries. This …
Persistent link: https://www.econbiz.de/10014863270
Purpose – This paper aims to analyze how financial system turmoil affected unemployment in industrial countries during …, during the sample period, financial market turmoil had only moderate adverse effects on unemployment. Stress in the banking … sector and stress in foreign exchange markets were particularly likely to increase unemployment, although the relevant …
Persistent link: https://www.econbiz.de/10014863295
Purpose – This study aims to statistically investigate the place of the eurozone countries in the framework of the international economy and particularly within the most advanced non Euro‐currency countries; second it attempts to explain the eventual discrepancies in the performing of the...
Persistent link: https://www.econbiz.de/10014863359
its capital stock more rapidly than the formal sector. We also look at the employment‐unemployment effects of industrial …
Persistent link: https://www.econbiz.de/10014863384
The analysis of the processes determining unemployment in an open economy has been considerably advanced by the work of … Layard, Nickell and Jackman in their book Unemployment: Macroeconomic Performance and the Labour Market . Reviews their … does, then a change in the real exchange rate may change the equilibrium level of unemployment. It is frequently claimed …
Persistent link: https://www.econbiz.de/10014863423
unemployment or NAIRU. Uses cointegration techniques to examine a core theoretical model of the long‐run determinants of real wages … involving unit labour costs, unemployment, union power and the replacement ratio. Considers the different measures of union … power and the duration of unemployment and alternative specifications involving the “wedge” but a robust cointegrating …
Persistent link: https://www.econbiz.de/10014863424