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The aim of this report, which has been prepared by a Task Force of the Monetary Policy Committee of the Eurosystem, is to describe and analyse the main developments in labour supply and its determinants in the euro area, review the links between labour supply and labour market institutions,...
Persistent link: https://www.econbiz.de/10011606239
effects on physical capital, employment and productivity through a production function. On the basis of reforms defined as … impacts. By contrast, the long-term impact of policies coming only via the employment rate channel materialises at shorter …
Persistent link: https://www.econbiz.de/10011657141
general on employment and economic growth. Traditional economic models trade off a negative displacement or substitution … effect against a positive complementarity effect on employment. Economic history since the industrial revolution as strongly … supports the view that the net effect on employment and incomes is positive though recent evidence points to a declining labour …
Persistent link: https://www.econbiz.de/10012055359
This paper challenges what is the standard account of UK unemployment, namely that the major swings in unemployment over the past 25 years are due predominantly to movements in the underlying empirical “natural rate of unemployment” (NRU). Our analysis suggests that the British NRU has...
Persistent link: https://www.econbiz.de/10010273128
a focus on digital platforms. Although several studies find considerable effects regarding the employment impacts of …
Persistent link: https://www.econbiz.de/10014292523
market during the COVID-19 years, or just before, comparing their employment rates and multiple measures of job quality with …
Persistent link: https://www.econbiz.de/10014470180
movement in South African labour markets over the crisis period. Chances of continued employment vary along gender, age and …
Persistent link: https://www.econbiz.de/10010494218
businesses boost the capital stock and the employment rate. No robust link between labour market regulation and MFP and capital … deepening could be established. But looser labour market regulation is found to go hand in hand with higher employment rates …
Persistent link: https://www.econbiz.de/10011815814