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, profit sharing, and equilibrium unemployment when profit sharing is also a part of a compensation scheme in all industries … sharing. For equilibrium unemployment, we find that if there is also profit sharing in other industries, the effects of … outsourcing and profit sharing on the unemployment rate is ambiguous both in the committed and flexible case …
Persistent link: https://www.econbiz.de/10013324831
for Albania using time series data on real gross domestic product and unemployment rate from 1993 up to 2021. In addition …, growth form and the dynamic form of Okun’s law are used to answer the questions of interest. To extract potential output and … the natural rate of unemployment, we use the Hodrick-Prescott filter with a smoothing parameter λ=100. The analysis …
Persistent link: https://www.econbiz.de/10014264615
, profit sharing, and equilibrium unemployment depending on whether in other industries profit share is or is not a part of the …. Under flexible profit sharing wage is higher if optimal profit share is small enough. For equilibrium unemployment, we find … that if there is no profit sharing in other industries, outsourcing will decrease the unemployment rate. But if profit …
Persistent link: https://www.econbiz.de/10013316651
In Part One of this paper we use the harmonic analogy of a musical octave to analyze mathematic ratios of U.S. real GNP. These ratios are generated by bringing together figures for U.S. real GNP over intervals of time – “spreads of years” – as numerator and denominator in a single...
Persistent link: https://www.econbiz.de/10011260269
account deficit, exchange rate, unemployment, inflation, and mortgage rates. Second, we employ probit and logit regression …
Persistent link: https://www.econbiz.de/10012022350
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The negative and stable relationship between an economy's aggregate demand conditions and overall unemployment is well …-documented. We show that there is a large degree of heterogeneity in the cyclical sensitivities of unemployment across worker and … economy groups. First, unemployment is more than twice as sensitive to aggregate demand in advanced as in emerging market and …
Persistent link: https://www.econbiz.de/10012796190
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