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relating unemployment and vacancies to inflation, the link between these labor market indicators and inflation depends on … curve shifts between 1960 and 2000. A reduction in matching efficiency, that depressed unemployment outflows, shifted the … Beveridge curve is essential for drawing policy conclusions from the joint behavior of unemployment and job openings. …
Persistent link: https://www.econbiz.de/10014480477
hand and the inflation rate on the other hand. Empirically, we estimate this relationship by developing three different … markets for goods and services will push up inflation. We show the empirical relevance of the modified output gap for Spain …
Persistent link: https://www.econbiz.de/10011946383
Estonia has succeeded in reducing its macroeconomic imbalances and vulnerabilities, but faces the challenge of preserving its hard-earned fiscal and financial stability and enhancing long-term growth prospects. In this regard, adopting a fully fledged medium-term fiscal framework can help assess...
Persistent link: https://www.econbiz.de/10011245026
This paper extends a general equilibrium model of unemployment and working hours and evaluates the model on a 5 percent …. Furthermore, working time reductions may result in an increase in wage pressure, causing unemployment to rise. …
Persistent link: https://www.econbiz.de/10011573150
This paper extends a general equilibrium model of unemployment and working hours and evaluates the model on a 5 percent …. Furthermore, working time reductions may result in an increase in wage pressure, causing unemployment to rise. …
Persistent link: https://www.econbiz.de/10010321052
This paper extends a general equilibrium model of unemployment and working hours and evaluates the model on a 5 percent …. Furthermore, working time reductions may result in an increase in wage pressure, causing unemployment to rise. …
Persistent link: https://www.econbiz.de/10005651897
This paper explores the determinants of intelligence by focusing on the role played by barriers to the diffusion of competence and human capital. The results based on cross-sectional data from 167 countries consisting of 1996-2009 averages suggest that, genetic distance to global frontiers has a...
Persistent link: https://www.econbiz.de/10011390915
Major nuclear accidents as recently in Fukushima set nuclear power plant security at the top of the public agenda. Using data of the German Socio-Economic Panel we analyze the effects of the Fukushima accident and a subsequent government decision on nuclear power phase-out on several measures of...
Persistent link: https://www.econbiz.de/10010322840
Recent work has documented industrial output growth around the poor periphery from 1870 to the present, finding unconditional convergence on the leaders long before the modern BRICS and even before the Asian Tigers. The Philippines was very much part of that catching up. In the decade or so up...
Persistent link: https://www.econbiz.de/10010333519
The common European electricity market requires both market integration and transmission grid expansion, including trans-border interconnectors. Although the benefits of increased interconnectivity are widely acknowledged, expansion of interconnectors is often very slow. This paper gathers...
Persistent link: https://www.econbiz.de/10010352749