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Monetary Policy Committee (MPC) to both unemployment and underemployment, which in our view are invalid. Without any evidence … the MPC in its assessment of the output gap reduces the level of unemployment because of its claim that long …-term unemployment has no effect on wages. We produce contrary evidence. The MPC further reduces the level of underemployment in the …
Persistent link: https://www.econbiz.de/10013051159
unemployment rate) and the labor force participation rate. This paper proposes an adjustment to the calculation of the EPOP using …
Persistent link: https://www.econbiz.de/10013026105
effect of FDI on the district unemployment outflow and inflow rates, the aggregate unemployment exit hazard rates, and … subsequently both the unemployment rate and the employment rate. Using difference-in-differences analysis, labor market performance …. The results indicate a positive significant impact of the investment on the local unemployment outflow rate driven mainly …
Persistent link: https://www.econbiz.de/10012709074
largely unexplored, set of determinants of the effectiveness of Keynesian and supply-side economic policies. -- unemployment … ; employment ; wage setting ; labour force participation ; labour market dynamics ; unemployment persistence ; imperfect … unemployment responsiveness …
Persistent link: https://www.econbiz.de/10009736646
major challenges for policy makers in Finland. The recession of the early 1990s showed that high unemployment can leave long …, greater flexibility in wage setting, ensuring earlier activation of unemployed and reforming unemployment and social benefits … to better support work incentives. Finland has an unusual combination of elevated unemployment replacement rates and late …
Persistent link: https://www.econbiz.de/10012446965
this episode assume that a worker leaving unemployment moves into full employment. We ask where the unemployed actually … went. Using and merging two large micro data sets, we account for the decrease of unemployment by computing inflows and … outflows between unemployment and 16 other labour market states. Direct flows between unemployment and full employment …
Persistent link: https://www.econbiz.de/10011663975
from household surveys. We analyze the case of the national unemployment rate for Ecuador; assess the potential …
Persistent link: https://www.econbiz.de/10011982494
The paper starts by presenting some stylised facts on youth unemployment over the last two decades, both at the euro … area and the country level. It shows that despite declining considerably over the last few years, youth unemployment has … relationship between the share of young people in the total population and the youth unemployment rate, i.e. the smaller the share …
Persistent link: https://www.econbiz.de/10011641252
Albania and North Macedonia, as many countries in South-Eastern Europe, struggle with youth unemployment which is … unemployment through two case studies: Luigj Gurakuqi (LG) the University of Shkodra in Albania and South-East European (SEE … logistic regression analysis is used to estimate the correlation between employment/unemployment and the various explanatory …
Persistent link: https://www.econbiz.de/10012543189
unemployment rates for 25-39 year-olds and those with at least university degrees are the least affected groups. There is also … dynamics of labor force participation rates (LFPR) as a fundamental determinant of unemployment rate. According to the MS …
Persistent link: https://www.econbiz.de/10012592026