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Persistent link: https://www.econbiz.de/10005048599
This paper assesses the consequences of immigration for natives' unemployment in OECD countries and investigates the … raise temporarily natives' unemployment, over a period of approximately five to ten years. Anticompetitive product market … protection legislation magnifies its persistence, and a higher average replacement rate of unemployment benefits increases its …
Persistent link: https://www.econbiz.de/10005049026
labour with business cycles and unemployment can be the Pareto optimal regime. It also sheds light on the transmission of …
Persistent link: https://www.econbiz.de/10005050525
methods, the offsetting effects of a monetary policy change on the output-inflation and unemployment-inflation trade …
Persistent link: https://www.econbiz.de/10005050997
in equation but unemployment is not. We interpret this as evidence that the unemployed do not effectively compete with …
Persistent link: https://www.econbiz.de/10005051060
This paper analyses a new-Keynesian model incorporating hysteresis in output. Specifically, we assume that the natural rate of output sluggishly adjusts towards current output. We also assume that the natural rate has an upper bound and that, in addition to having standard objectives, the...
Persistent link: https://www.econbiz.de/10005051088
to create a match, we show that on-the-job search ceteris paribus reduces the unemployment outflow rate. We derive this …
Persistent link: https://www.econbiz.de/10005051107
equalization allows the divergent wage experience as well as unemployment experience of Europe and America to be explained. Europe … reduces European unemployment (which increased under factor price equalization). …
Persistent link: https://www.econbiz.de/10005051115
Persistent link: https://www.econbiz.de/10005051118
Did exceptionally low unemployment between 1990-1996 mean that the CzechRepublic had sacrificed more labour market … ofincreasing the rate of unemployment drastically? Does currently increasingunemployment accelerate the coversion of the structure … unemployment miracle has disappeared as soon as theparticipation rate had become stable, labour shedding accelerated and …
Persistent link: https://www.econbiz.de/10005051782