In recent years, economists and other social scientists have devoted extensive research efforts to understanding the widening wage gap between high-skill and low-skill workers. This paper focuses on a slightly different question: how has globalization affected the relative share of income going...

Keynes had a lot of plausible things to say about unemployment and its causes. His ‘mercurial mind’, though, relied on intuition which means that he could not prove his diverse opinions convincingly. This explains why Keynes’s ideas immediately invited bastardizations. One of them, the...

Tax Freedom Day memorises the day in a calendar year that individual households no longer transfer their income to their government, but start earning an income for the household. In the same manner one could also define a “Debt Freedom Day” as the day that individual households no longer...

Based on the savings glut argument, proposed a new point of view that unlike the neoclassical and Keynesian, and on this basis, shows the current plight of the Chinese economy is heavily reliant on the root cause of the investment. Since 2008 the world financial crisis, reflections on...

The aim of this paper is to test the relationship between unemployment and the effective factors in the Syrian Arab Republic (S. A. R.). For that, this paper will analyses the unemployment available data and use the cointegration method. The paper says that unemployment in S.A.R. is a structural...

Migration is an important component of contemporary society. Leaving the homeland for a better life and a well paid job is currently the most dynamic form of working population movement. For the host countries migration provides experienced cheap workforce capable of high performance. But the...

Abstract: This paper applies the “spatial correlations” methodology in order to investigate the impact of immigrants on the unemployment rates of natives. We use information on 13 local labor markets for the 1988-2008 period. The data are drawn from the Greek Labor Force Survey. We address...

The question this paper poses relates to the role of economic theories in gaining wider support around political agendas. That is their ability to describe a problem in such a way, so that the “answer” would appear not as a political demand in favor of one class, but as a prerequisite for...

This paper explores the dynamic behavior of investment and hiring within a unified framework, stressing their mutual dependence and placing the emphasis on their joint, forward-looking behavior. Using structural estimation in aggregate, private sector U.S. data, it shows that the model, which...

The utilization of time use data for exploring employment issues has received little attention in economic analysis. Using data from the 2000 South African national time use survey we argue that a gender-aware understanding of how men and women organize their daily life can help identify labor...