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, it is known that there is a reverse relation between unemployment and growth known as Okun's Law. This relation …, suggesting that every 1 point decrease in unemployment induces a 3 point increase in growth, is tested for many countries. In … difference in coefficients. At the same time, long term relation between growth and unemployment is tested with the use of time …
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increasing unemployment. A key question is which policies have this effect. Using a 3-year panel of 90 countries, the study finds … that the unemployment rate is affected by the existence, duration, and replacement rate of unemployment insurance. Hiring … unemployment. These results are broadly in line with the extensive literature on countries of the Organisation for Economic Co …
Persistent link: https://www.econbiz.de/10008658790
producing employment growth and in reducing unemployment than most continental-European OECD-countries. It is argued that the …
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also some evidence that more flexibility leads to lower unemployment rates and to lower rates of long-term unemployment … introduce more unemployment persistence. …
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While much empirical research has been done on the labour market consequences of unemployment benefits, there is … against the possibility of unemployment and unemployment benefits increase the unemployment rate. We then conduct, what we … believe, is one of the first empirical analyses of the determinants of the parameters of the unemployment benefit system …
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