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a negative chock to employment on Bornholm in 1988 permanently reduced the level of employment has not been confirmed … figures are looked upon for Bornholm, the Capital Area and the country. The model used is presented and even though the … analysed time period is short, a comparison is made with the hypotheses or predictions of the model regarding employment, rate …
Persistent link: https://www.econbiz.de/10012142225
:After a monetary or fiscal expansion there will always be a temporary increase in the production and employment, even if … be not only a temporary short-term increase in the production and employment, but furthermore a permanent long-term one … fixed long-term production reflecting a fixed full employment level underlies the conventional theory, unless a long …
Persistent link: https://www.econbiz.de/10013053400
with an oligopsonistic labour market. In an oligopsonistic labour market, fiscal policy expands employment through a shift … expansion stimulates not only employment but also aggregate output. However, an increase in government spending that does not …
Persistent link: https://www.econbiz.de/10008542535
paper quantifies to what extent structural trends and the reform pace affect employment growth under the new normal. Delays …
Persistent link: https://www.econbiz.de/10013016606
, sector division, unemployment and welfare. …
Persistent link: https://www.econbiz.de/10012142242
). The paper deals with some results of empirical research into the effects of the minimum wage on enterprises and employment …
Persistent link: https://www.econbiz.de/10008500688
, sector division, unemployment and welfare. …
Persistent link: https://www.econbiz.de/10005419430
Addressing the employment issue in Romania raises interest by its importance in the country’s economy. The concept of … “flexicurity”, created relatively recently, and the connections between it and the employment issue and the labour market …
Persistent link: https://www.econbiz.de/10011067033
In this paper, we argue that many of the rigidities that characterize European labour markets can be understood as the outcome of political influence by incumbent employees. We then empirically investigate the determinants of labour market institutions and show that the results are consistent...
Persistent link: https://www.econbiz.de/10005509865
This paper examines several mainstream explanations of the financial crisis and stagnation and the role they attribute to income inequality. Those explanations are contrasted with a structural Keynesian explanation. The role of income inequality differs substantially, giving rise to different...
Persistent link: https://www.econbiz.de/10011304481