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to employment, wages, prices and household well-being. The meta-analysis finds that most results on employment and wages … are non-significant. When significant, decreases in employment and wages are more likely to occur than increases with … prices tend to increase in the short-term. The probability of observing a decrease in household well-being among hosts is …
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to employment, wages, prices and household well-being. The meta-analysis finds that most results on employment and wages … are non-significant. When significant, decreases in employment and wages are more likely to occur than increases with … prices tend to increase in the short-term. The probability of observing a decrease in household well-being among hosts is …
Persistent link: https://www.econbiz.de/10012239323
to household well-being, prices, employment, and wages. All studies can be classified as ex post quasi … nonsignificant, and 6 to 20 percent show a decrease in household well-being. The analyses on employment and wages show positive and … significant results for 22 to 25 percent of the results. Negative results on employment and wages relate to young and informal …
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The unemployment rate provides an important gauge of spare capacity in the labour market and the economy more generally …. However, other factors also affect unemployment, which complicates its interpretation when informing monetary policy …. Statistical methods can be used to estimate the extent to which the unemployment rate reflects spare capacity versus more enduring …
Persistent link: https://www.econbiz.de/10010949107
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This paper addresses the issue of measuring the NAIRU in the Spanish economy. We implement some of the procedures proposed in the literature to estimate the NAIRU, describing their advantages and disadvantages. Our analysis shows that these alternative approaches provide significantly different...
Persistent link: https://www.econbiz.de/10005590690