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targeting affect unemployment, economic growth and the output gap. The results show that inflation targeting causes no harm to … employment in developing and emerging countries. On the contrary, it might reduce average unemployment and narrow the output gap …
Persistent link: https://www.econbiz.de/10010293308
The debate in Australia on the (constant-output) elasticity of labour demand with respect to wages has wrongly … area which is particularly relevant for Australia. This paper attempts to fill this void by estimating a multi … causes of the unemployment upturn in 1973-1983 and the subsequent decline in 1993-2006. Our results show that (i) the main …
Persistent link: https://www.econbiz.de/10010280778
Changes in labor productivity have been a source of puzzlement and paradoxical results for economists. We suggest that puzzles and paradoxes vanish once two simple regularities are properly acknowledged. Okun and Verdoorn's Laws explain 87 percent of all the variations in labor productivity....
Persistent link: https://www.econbiz.de/10010288082
This paper asks how well Okun's Law fits short-run unemployment movements in the United States since 1948 and in twenty … the unemployment rate-varies substantially across countries. This variation is partly explained by idiosyncratic features …
Persistent link: https://www.econbiz.de/10010397783
unemployment that is in line with this empirical regularity and the findings for the other emerging markets and regional peers. We … European debt crisis. When investigating whether various expenditure components of GDP may cause different unemployment … improve forecasting of unemployment. …
Persistent link: https://www.econbiz.de/10012109775
This paper attempts to identify and examine labor intensive industries in the organized manufacturing sector in India in order to understand their employment generation potential. Using the data from the Annual Survey of Industries (Government of India, various issues), the labor intensity for...
Persistent link: https://www.econbiz.de/10011807642
This study attempts to address the issue of declining labour intensity in India's organized manufacturing in order to understand the constraints on employment generation in the labour intensive sectors. Using primary survey data covering 252 labour intensive manufacturing-exporting firms across...
Persistent link: https://www.econbiz.de/10011807643
employment is a type of wage subsidy paid to unemployed workers and they do not lose their unemployment benefits if the wage is … more likely to select into such jobs. The unemployed who start to work in marginal employment during their unemployment …, more unemployment, lower wages, lessens over time but is still present after three years. …
Persistent link: https://www.econbiz.de/10010294511
This paper explores how extended unemployment insurance (UI) benefits targeted to older workers affect early retirement …
Persistent link: https://www.econbiz.de/10010316883
.1 percentage points among women. The reforms had large spillover effects to the unemployment insurance program but negligible … effects on disability insurance claims. Specifically, unemployment increased by roughly 10 percentage points both among men … government expenditures would have amounted to 264 million Euros per year. Due to higher unemployment insurance claims and …
Persistent link: https://www.econbiz.de/10010316918