Showing 1 - 9 of 9
precautionary saving and a shift toward safer assets in the years leading up to unemployment, and depletion of savings during … unemployment. This suggests that at least some households can foresee and prepare for upcoming unemployment, which indicates that … private savings can to some extent serve as a substitute for publicly provided unemployment insurance. -- unemployment …
Persistent link: https://www.econbiz.de/10009504553
they are likely to exist also in other countries. -- Unemployment ; Optimal Unemployment Insurance ; Liquidity Constraints …
Persistent link: https://www.econbiz.de/10009504557
This study investigates the usefulness of the business tendency surveys collected at the KOF institute for short-term forecasting of employment in Switzerland aggregated in the KOF Employment Indicator. We use the real time dataset in order to simulate the actual predictive process using only...
Persistent link: https://www.econbiz.de/10003909485
cantonal unemployment rates on a quarterly level. Our model contains a spatial lag in the level and in the error term, as well … dependency in the error term seems to be even stronger than the one in the level. -- Regional Unemployment ; Spatial Econometrics …
Persistent link: https://www.econbiz.de/10008906649
This paper examines the linkages between real exchange rate movements and firms' skill demand. Real exchange rate movements may affect unskilled workers differently than skilled workers because of skill-specific adjustment costs, or because exchange rates lead to changes in relative factor...
Persistent link: https://www.econbiz.de/10011280799
The increase in unemployment to relatively high levels for Switzerland in the 1990s gave rise to two fears: First, that … unemployment, i.e. the rate of employment that prevails even in favourable economic conditions, is on an increasing trend. This … "equilibrium" rate of unemployment exhibit a large spread and tend to follow actual rates. Our judgement is, that its increase over …
Persistent link: https://www.econbiz.de/10003459856
inflation and on unemployment. This relationship can be motivated by the existence of the Taylor rule. Using micro survey data …
Persistent link: https://www.econbiz.de/10010526685
Okun's Law postulates a stable relationship between quarterly output growth and changes in (un)employment. This …
Persistent link: https://www.econbiz.de/10010362189
(EMU) led to lower wage growth and lower unemployment in participating countries. Following Grüner's model, monetary … national business cycles which, in turn, leads to higher unemployment risk. In order to counter-balance this effect, trade … unions lower their claims for wage mark-ups resulting in lower wage growth and lower unemployment. This paper uses …
Persistent link: https://www.econbiz.de/10009270311