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The concept of the employment threshold plays an important role in the public discussion of unemployment. The …
Persistent link: https://www.econbiz.de/10009781535
This paper provides new estimates of Okun’s unemployment-output relationship in euro area countries between 1979 and … characterise the literature and that the responsiveness of output to unemployment is driven by idiosyncratic factors in both euro …
Persistent link: https://www.econbiz.de/10015052585
We investigate the relationship between unemployment and growth in China. We find considerable differences in the … find a hump-shaped relationship between unemployment and our proxy for the speed of reform. The current unemployment in …
Persistent link: https://www.econbiz.de/10010189833
We estimate Okun's law, the negative relationship between output and the unemployment rate, at the sector level for the … coefficients are proportional to the aggregate in all four countries. We also show that the standard deviation of unemployment is …
Persistent link: https://www.econbiz.de/10012166007
to avoid elevated unemployment rates during the transition. …
Persistent link: https://www.econbiz.de/10014267170
activity, with a positive impact on tourism expenditure and tourism employment, but no effect on total employment. In high-unemployment …
Persistent link: https://www.econbiz.de/10015407788
Persistent link: https://www.econbiz.de/10009781501
Anglo-Saxon countries have been successful in the 1990s concerning labor market performance compared to the former role models Germany and Japan. This reversal in relative economic performance might be related to idiosyncracies in financial markets with bank-based financial markets as in Germany...
Persistent link: https://www.econbiz.de/10011507850
impact on labor productivity and they lead to a fall in the unemployment rate. Collective bargaining reforms do not seem to …
Persistent link: https://www.econbiz.de/10013176915
to lower unemployment levels than predicted by the standard labour market model with heterogeneous labour and symmetric … information. -- minimum wages ; unemployment ; asymmetric information ; labour market regulation …
Persistent link: https://www.econbiz.de/10003833327