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The existence of involuntary unemployment advocated by J. M. Keynes is a very important problem of the modern economic … theory. Using a three-generations overlapping generations model, we show that the existence of involuntary unemployment is … of involuntary unemployment further reduces employment. This instability is due to the negative real balance effect that …
Persistent link: https://www.econbiz.de/10013233911
inflation and unemployment. We focus on the G7 economies plus Spain, and use monthly data –high-frequency data in a macro …. We find that total connectedness is larger for prices (58.28%) than for unemployment (41.81%). We also identify …
Persistent link: https://www.econbiz.de/10013236402
There is little internal propagation of unemployment in standard search and matching models. When calibrated to the … high levels of worker flows observed empirically, unemployment in these models rapidly converges back to its steady state … level. We illustrate that even with high worker flows between employment and unemployment, slow movements in the composition …
Persistent link: https://www.econbiz.de/10013238105
High level of unemployment persistence is important for Iran’s policy makers not only becauseof its weakening impacts … paper tests the dynamics and hysteresis of theIran’s unemployment rate disaggregated by territory (urban and rural), gender … mostly support the hysteresis in unemployment and so shocks have a persistenceeffect on the unemployment subgroup series …
Persistent link: https://www.econbiz.de/10013238283
Solving the unemployment issue is one of the best ways to reduce poverty. Through the provision of job opportunities …, the poverty rate can be reduced. Therefore, this research explores the factors that influence the unemployment rate across … unemployment rate can be reduced by increasing the average school duration. Meanwhile, the level of economic growth and the …
Persistent link: https://www.econbiz.de/10013239210
generosity of long-term unemployment benefits. We propose a model with different unemployment durations, where the reform …’s steady state unemployment and that partial and equilibrium effect were nearly of equal importance. In addition, we provide …
Persistent link: https://www.econbiz.de/10013239563
the relation between unemployment rate from the gender perspective and economic growth of BIMP-EAGA by using two methods … negative relation between the male unemployment rate and GDP. This study found that the female unemployment rate did not affect …
Persistent link: https://www.econbiz.de/10013240504
This paper explores the potential externality of welfare payments under the Unemployment Insurance (UI) program during … times of high job destruction rates and unemployment rates on the spread and mortality of COVID-19. Using data for all US …
Persistent link: https://www.econbiz.de/10013242050
unemployment not necessarily by changing what they spend on defense, but by allocating more existing defense resources to personnel … the states in question as an instrument for unemployment. I find that when states experience increases in unemployment …
Persistent link: https://www.econbiz.de/10013248493
, our welfare analysis of fiscal alternatives shows that the young prefer increases in unemployment transfers as this …
Persistent link: https://www.econbiz.de/10013248525