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Finance industry: a sector which accounts for a large proportion of all bonus payments in the British economy. …
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A new CEP report says that the financial system has become far more complicated than it need to be - and dangerously unstable too
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. In labor markets with high unemployment, such employment changes may have significant net efficiency benefits, which …
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Over the past several decades, the rate at which regular unemployment insurance recipients run out of benefits before … recipients exhausted their benefits; in 2007 (with a similar unemployment rate) 35.6 percent exhausted. This paper documents the … increase in the exhaustion rate, along with the parallel rise in long-term unemployment; examines the consequences; and reviews …
Persistent link: https://www.econbiz.de/10009358433
This book provides a detailed insider's view under the Clinton and Bush administrations of the process by which eight social science experiments influenced federal laws and policies to alleviate joblessness in the United States.
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Recessions lead to short-term job loss, lower levels of happiness and decreasing income levels. There is growing evidence that workers who first join the labour market during economic downturns suffer from poor job matches that have a sustained detrimental effect on their wages and career...
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This paper develops a model of unemployment fluctuations. The model keeps the architecture of the Barro and Grossman … flexible to completely rigid. With some price rigidity, aggregate demand influences unemployment through a simple mechanism … thus increases labor demand, which in turn reduces unemployment. We use the comparative-statistics predictions of the model …
Persistent link: https://www.econbiz.de/10010798202