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EMU, e.g. due to further rising unemployment, become too large to bear. …
Persistent link: https://www.econbiz.de/10010496610
The approach put forward in this article is based on Schumpeter's idea of creative destruction, the competitive process by which entrepreneurs are always looking for new ideas that will render their rivals' ideas obsolete. I present a model in which the rate of economic growth is sensitive to...
Persistent link: https://www.econbiz.de/10010499923
This paper investigates the determinants of German long-term unemployment. In particular a microeconometric event … factors such as receiving unemployment benefits have on the length of unemployment. The paper further discusses the advantages … unemployment. This is an important finding in terms of economic policy because it sheds light into appropriate policy measures that …
Persistent link: https://www.econbiz.de/10010503724
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 … unemployment are due, instead, to very prolonged after-effects of persistent (transitory but long-lasting) shocks. We argue that (a …
Persistent link: https://www.econbiz.de/10011313937
Persistent link: https://www.econbiz.de/10015071128
, such as GDP per capita, employment/unemployment rates, household savings and use them to compare the regional disparities …
Persistent link: https://www.econbiz.de/10011506374
persistent unemployment in contracting regions. The basic idea behind the experiment is to collect all unemployment related … lower the unemployment rate in Paltamo by almost 10 percentage points in just two years time during an era of global … financial crisis. The costs of this remarkable drop in unemployment were 3.4 million Euros in 2010. The results show that one …
Persistent link: https://www.econbiz.de/10011508708
capacity. In important theoretical approaches it is assumed that this threshold depends on the unemployment rate. If this is … excellent opportunity to test the relationship between unemployment and reservations wages. The analysis opens up the 'black box …
Persistent link: https://www.econbiz.de/10011512741
This paper derives alternative measures of the short-run NAIRU (SRN) for the UK, the rate for unemployment at which … a beneficial impact on RPIX inflation over the last few years. We show that deviations of unemployment from the short …
Persistent link: https://www.econbiz.de/10011517881
Labour market structures which offer fewer options to women than to men and relatively poor educational facilities are usually mentioned as main reasons why remote and economically weak regions are affected by selective out-migration and shortage of young women. Also traditional gender...
Persistent link: https://www.econbiz.de/10011521742