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Low rates of inflation have been recorded in recent years, despite a decline in the unemployment rate. This phenomenon …
Persistent link: https://www.econbiz.de/10014403414
The Great Recession pushed Japan’s unemployment rate to historic highs, but the increase has been small by …
Persistent link: https://www.econbiz.de/10014403441
macroeconomic factors--including the unemployment rate and generosity of the unemployment compensation system--as well as individual …-specific determinants, such as human capital proxies and length of unemployment spell. The longitudinal dataset provides an interesting … unemployment to employment. The findings shed light on the disincentive effects of the German tax and transfer system for the …
Persistent link: https://www.econbiz.de/10014403637
impact on aggregate labor market performance and unemployment. In a two-sector labor market model with free mobility of labor …
Persistent link: https://www.econbiz.de/10014403794
This paper investigates the link between macroeconomic performance and the change in the poverty rate among 47 episodes of growth and 52 episodes of economic downturn in developing and transition economies. We show that, on average, (i) the greater the inequality, the lower the elasticity of...
Persistent link: https://www.econbiz.de/10014403953
Despite strong economic growth, a ""U""-curve unemployment phenomenon in Mauritius can be observed. Unemployment … growth of higher-skilled sectors coupled with rigidities in the labor market seem to account for the observed unemployment …
Persistent link: https://www.econbiz.de/10014403993
that if annual GDP growth averages 7 percent and the employment elasticity is one-half, urban unemployment could double to …
Persistent link: https://www.econbiz.de/10014403994
More than a decade after the start of the transition process, unemployment rates remain in the double digits in a … number of Central and Eastern European countries. That unemployment rates have failed to decline, even in countries … influenced developments? Why have regional differences in unemployment persisted? The authors take an eclectic methodological …
Persistent link: https://www.econbiz.de/10014404506
The Southern African Customs Union (SACU), the oldest customs union in the world, comprises Botswana, Lesotho, Namibia, Swaziland (known as the BLNS countries), and South Africa. This Selected Issues paper analyzes how policy has responded to the positive SACU revenue shock. It discusses the...
Persistent link: https://www.econbiz.de/10014406659
This paper suggests that it is essential to save a substantial portion of mineral revenues now to ensure fiscal sustainability for a post-diamond period. Taking the non-mineral primary balance into account can help clarify desirable fiscal policies. Botswana’s real effective exchange rate is...
Persistent link: https://www.econbiz.de/10014405503