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those that affect the long-run unemployment rate. …
Persistent link: https://www.econbiz.de/10005772376
those that affect the long-run unemployment rate. …
Persistent link: https://www.econbiz.de/10005124134
We propose that the natural rate of unemployment has an active role in the business cycle, in contrast to the … rate during the long recovery that began in 2009 and ended in 2020. We explain how the common finding of research in the … Phillips-curve framework of low - often extremely low - response of inflation to unemployment could be the result of fairly …
Persistent link: https://www.econbiz.de/10014423725
Results of general equilibrium models are sensitive to model parameterization and specification. The role of macroeconomic closures and the effect of trade elasticities are documented in the literature, but there is no systematic analysis of the implications of different labor supply...
Persistent link: https://www.econbiz.de/10012232857
stayers, as well as to lower unemployment in the source country. However, emigration has also exacerbated skills shortages in …
Persistent link: https://www.econbiz.de/10011417106
Persistent link: https://www.econbiz.de/10014445012
Persistent link: https://www.econbiz.de/10014383638
Within the past decades, employment precariousness has emerged as an alarming phenomenon afflicting labor markets across Europe. While the spread of job insecurity can be traced to specific mechanisms and processes triggered by recent macroeconomic developments, evidence shows how mainstream...
Persistent link: https://www.econbiz.de/10013188908
, deaths, and closure measures. We find that the labor market recovery of the summer and early fall stagnated in late fall and …
Persistent link: https://www.econbiz.de/10012436380
Although economic crises are difficult to predict, their recurrence is a salient feature of emerging market economies. Nevertheless, many developing countries continue to lack an effective policy infrastructure that can mitigate the impacts of economic downturns on employment opportunities...
Persistent link: https://www.econbiz.de/10008837649