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Persistent link: https://www.econbiz.de/10012177962
Evidence suggests that productivity would be much higher and unemployment much lower if the supply of and demand for …
Persistent link: https://www.econbiz.de/10011735125
The material within these pages shows that Barbados, a Caribbean country with just over a quarter of a million people, embodies many of the classic vulnerabilities of an island with a small open economy, yet aspires to developed-country status, and is already well advanced on the road to...
Persistent link: https://www.econbiz.de/10010943497
Persistent link: https://www.econbiz.de/10013463638
The material within these pages shows that Barbados, a Caribbean country with just over a quarter of a million people, embodies many of the classic vulnerabilities of an island with a small open economy, yet aspires to developed-country status, and is already well advanced on the road to...
Persistent link: https://www.econbiz.de/10010895474
The debate about the massive influx of refugees into Germany often focuses solely on the short-term costs. But while these expenditures are bound to be substantial in the coming years, the discussion neglects the long-term economic potential of a successful integration of refugees - often, young...
Persistent link: https://www.econbiz.de/10011387999
Der starke Zustrom von Flüchtlingen heizt die Diskussionen in Deutschland an. Dabei wird oft nur auf kurzfristige Kosten geschaut, die in den kommenden Jahren zweifellos massiv sein werden. Dies versperrt den Blick auf potentielle Chancen, die die Zuwanderung - oftmals junger Menschen - der...
Persistent link: https://www.econbiz.de/10011389041
It is often argued that a mandatory minimum wage is binding only if the wage density displays a spike at it. In this paper we analyze a model with wage setting, search frictions, and heterogeneous production technologies, in which imposition of a minimum wage affects wages even though, after...
Persistent link: https://www.econbiz.de/10010324545
Persistent link: https://www.econbiz.de/10010335007
cumulative core inflation since 2015 but headline unemployment rate much less so. The contribution of trend productivity growth … form of involuntary part-time employment and headline unemployment rate. Both indicators have contributed positively to … post-crisis period-has corresponded with slow pass through from declining unemployment rates to faster wage growth. We …
Persistent link: https://www.econbiz.de/10011984750