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Macroeconomic policy and unemployment by economic activity: evidence from Turkey

Berument, Hakan; Dogan, Nukhet; Tansel, Aysit - 2008

This paper investigates how macroeconomic policy shocks in Turkey affect the total unemployment and provides evidence … several other macroeconomic shocks. The quarterly data used which covers the period 1988:01 to 2004:04 from Turkey. A VAR … that the positive income shock is followed by a decrease in unemployment in all economic activity groups during the initial …

Persistent link: https://www.econbiz.de/10010268812

Geographic Mobility over the Life-Cycle

Diaz, Antonia; Jáñez, Álvaro; Wellschmied, Felix - 2023

When mobility between locations is frictional, a person's economic well-being is partially determined by her place of birth. Using a life cycle model of mobility, we find that search frictions are the main impairment to the mobility of young people in Spain, and these frictions are particularly...

Persistent link: https://www.econbiz.de/10014296640

Fiscal Policy and Educational Attainment in the United States : A Generational Accounting Perspective

Chojnicki, Xavier; Docquier, Frédéric - 2004

In this paper, we investigate the consequences of the rise in educational attainment on the US generational accounts. We build on the 1995 accounts of Gokhale et al. (1999) and disaggregate them per schooling level. We show that low skill newborns are characterized by a negative generational...

Persistent link: https://www.econbiz.de/10010261806

Immigration, growth and unemployment: Panel VAR evidence from OECD countries

Boubtane, Ekrame; Coulibaly, Dramane; Rault, Christophe - 2012

This paper examines empirically the interaction between immigration and host country economic conditions. We employ panel VAR techniques to use a large annual dataset on 22 OECD countries over the period 1987-2009. The VAR approach allows to addresses the endogeneity problem by allowing the...

Persistent link: https://www.econbiz.de/10010289971

Is the Deficit under Control?

Bonin, Holger; Abio, Gemma; Berenguer, Eduardo; Gil, Joan; … - 2001

According to the 2001 Spanish budgetary previsions, the government deficit is about to disappear. We analyse this matter within a generational accounting framework. Accounting for the recent expansive phase of the economic cycle, we find that current fiscal policy is also intertemporally...

Persistent link: https://www.econbiz.de/10010262513

Rising Occupational and Industry Mobility in the United States : 1968-1993

Kambourov, Gueorgui; Manovskii, Iourii - 2004

We analyze the dynamics of worker mobility in the United States over the 1968-1993 period at various levels of occupational and industry aggregation. We find a substantial overall increase in occupational and industry mobility over the period and document the levels and time trends in mobility...

Persistent link: https://www.econbiz.de/10010261866

Occupational Mobility and Wage Inequality

Kambourov, Gueorgui; Manovskii, Iourii - 2004

In this study we argue that wage inequality and occupational mobility are intimately related. We are motivated by our empirical findings that human capital is occupation-specific and that the fraction of workers switching occupations in the United States was as high as 16% a year in the early...

Persistent link: https://www.econbiz.de/10010261938

Human Capital Accumulation, Education and Earnings Inequality

Sunde, Uwe - 2001

This paper attempts to add to the understanding of the causes for the differing recent developments in inequality in OECD countries. The similarity of shocks and technological changes affecting these countries suggests that interactions of these shocks and countryspecific institutions are...

Persistent link: https://www.econbiz.de/10010262516

Productivity, welfare and reallocation: theory and firm-level evidence

Basu, Susanto; Pascali, Luigi; Schiantarelli, Fabio; … - 2009

We prove that the change in welfare of a representative consumer is summarized by the current and expected future values of the standard Solow productivity residual. The equivalence holds if the representative household maximizes utility while taking prices parametrically. This result justifies...

Persistent link: https://www.econbiz.de/10010269431

Productivity and the welfare of nations

Basu, Susanto; Pascali, Luigi; Schiantarelli, Fabio; … - 2012

We show that the welfare of a country's infinitely-lived representative consumer is summarized, to a first order, by total factor productivity and by the capital stock per capita. These variables suffice to calculate welfare changes within a country, as well as welfare differences across...

Persistent link: https://www.econbiz.de/10010286892