Showing 1 - 10 of 17
to the reference value around 4.5%. As a result of the policy, during the last ten years unemployment in France was twice …A linear and lagged relationship between inflation, unemployment and labor force change rate, π(t)=A0UE(t-t0)+A1dLF …. The relationship obtained for France is characterized by A0=-1, A1=4, A2=0.095, t0=4 years, and t1=4 years. For GDP …
Persistent link: https://www.econbiz.de/10005835964
Using an analog of the boundary element method in engineering and science, we analyze and model unemployment rate in … force. Originally, the model linking unemployment to inflation and labor force was developed and successfully tested for … Austria, Canada, France, Germany, Japan, and the United States. Autoregressive properties of neither of these variables are …
Persistent link: https://www.econbiz.de/10005837146
Economic growth and unemployment exhibit an ambiguous relationship – according to empirical studies. This ambiguity can …, unemployment may be absorbed by underground firms, which adopt backward technology, at the cost of reduced economic growth …. Alternatively, unemployment diminishes because productivity grows by employing workers who prefer to become skilled, and thus not to …
Persistent link: https://www.econbiz.de/10011212957
evasion and unemployment. This paper shows that the firm's decision to evade taxes also depends on trust in tax authorities …, and affects one of the most important macroeconomic variables: the unemployment rate. Also, the model is able to mimic the … and a reduction of tax evasion may decrease unemployment. …
Persistent link: https://www.econbiz.de/10011259666
unemployment to the change in the level of labour force in Canada. Inherently, our model belongs to the class of Phillips curve … uncorrelated noise and systematic errors. Our previous model of inflation and unemployment in Canada is enhanced by the … price inflation accompanied by a substantial fall in the rate of unemployment. Therefore, the new monetary policy in Canada …
Persistent link: https://www.econbiz.de/10008927057
A matching model will explain both unemployment and economic growth by considering the underground sector. Three … between underground employment and unemployment, and (iii) between growth and unemployment. Key assumptions are that … contribute to growth. Underground employment alleviates unemployment only if the monitoring rate is sufficiently low. …
Persistent link: https://www.econbiz.de/10009132744
We have modeled the employment/population ratio in the largest developed countries. Our results show that the evolution of the employment rate since 1970 can be predicted with a high accuracy by a linear dependence on the logarithm of real GDP per capita. All empirical relationships estimated in...
Persistent link: https://www.econbiz.de/10009220106
institutions of labor market and remittances on unemployment. In our model, the remittances take the form of insurance against … involuntary unemployment. In this environment, it was shown that remittances sent by the diaspora provide consumption and savings … and increase the amount of national physical capital. Since the rate of unemployment decreases with the size of the …
Persistent link: https://www.econbiz.de/10011112884
This paper considers the formation of the urban formal ector wages in the presence of rural migration in a collective bargaining framework. We show in particular that the restoration of full employment in the presence of an informal sector can be implemented through a policy of subsidy depends...
Persistent link: https://www.econbiz.de/10011113522
A quantitative model is presented linking the rate of inflation and unemployment to the change in the level of labor … simplified version of the 1-D boundary elements method. All models for Australia are similar to those obtained for the US, France …
Persistent link: https://www.econbiz.de/10008836412