Showing 1 - 10 of 482
more likely during deep recessions and when unemployment rates are high. Moreover, the further distant from best practices …
Persistent link: https://www.econbiz.de/10011804393
more likely during deep recessions and when unemployment rates are high. Moreover, the further distant from best practices …
Persistent link: https://www.econbiz.de/10012953484
This paper presents a positive theory of centralization of political decisions in an international union. My central claim is that lobbies play a role in determining the assignment of competencies to the union because their power of influence can increase or decrease under centralization. I show...
Persistent link: https://www.econbiz.de/10011604266
Abstract: Initially, voting rights were limited to wealthy elites providing political support for stock markets. The franchise expansion induces the median voter to provide political support for banking development as this new electorate has lower financial holdings and benefits less from the...
Persistent link: https://www.econbiz.de/10011091017
We propose a monetary model in which the unemployed satisfy the official US definition of unemployment: they are people ….e., unemployment is ‘involuntary’). We integrate our model of involuntary unemployment into the simple New Keynesian framework with no … capital and use the resulting model to discuss the concept of the ‘non-accelerating inflation rate of unemployment’. We then …
Persistent link: https://www.econbiz.de/10011605248
We measure the contribution of worker flows across employment, unemployment, and non-participation to the change in … unemployment in eleven EU countries during the period 2006-2012, paying special attention to which socio-demographic groups in each … larger extent than educational attainments, is the main determinant of flows from employment into unemployment, particularly …
Persistent link: https://www.econbiz.de/10011605907
We propose a monetary model in which the unemployed satisfy the official US definition of unemployment: they are people ….e., unemployment is ‘involuntary'). We integrate our model of involuntary unemployment into the simple New Keynesian framework with no … capital and use the resulting model to discuss the concept of the ‘non-accelerating inflation rate of unemployment'. We then …
Persistent link: https://www.econbiz.de/10013143337
-off policy of firms can explain the relatively high level of unemployment amongst lower educated workers and the relatively … strong sensitivity of their unemployment rate to the business cycle. We find that lay-off rates decrease with education but … with a higher level of education can not explain the stronger cyclicality of the unemployment rate for lower educated …
Persistent link: https://www.econbiz.de/10011090392
This paper provides new empirical evidence on policy-makers’ voting patterns on interest rates. Applying (pooled) Taylor-type rules and using real-time information available from published inflation reports and voting records, the paper tests for heterogeneity among committee members in three...
Persistent link: https://www.econbiz.de/10011605429
This paper provides new empirical evidence on policy-makers' voting patterns on interest rates. Applying (pooled) Taylor-type rules and using real-time information available from published inflation reports and voting records, the paper tests for heterogeneity among committee members in three...
Persistent link: https://www.econbiz.de/10013120227