unemployment for the five major European economies. The dynamic adjustment and the level relations are found to be different across … all countries including the UK, deviations from reference values are found to influence unemployment. Only for Germany and … Spain, instead, we find evidence that deviations from reference values influence inflation dynamics. We also finds a …

types of sponsors and projects, objectives of reducing unemployment, characteristics and duration of participation, impacts … on wages and inflation as well as programme efficiency. Bibliography. …

decrease in the number of unions) triggers two opposite effects on real wages, unemployment and inflation. It reduces the …, unemployment and inflation. For sufficiently inflation averse unions the interaction between those two effects produces a Calmfors … position and the shape of this relation, as well as on inflation and unemployment. The paper features two mechanisms, one of …

externalities (e.g., short-term unemployment, lower wages, and burdens on society). Innovation does require labor to move from …Questionable methods for increasing nominal wages reduce real wages (i.e., buying power) by creating inflation …, shortages, lower quality, and long-term unemployment. To increase real wages (i.e., the ability to buy more), economic …

This paper examines an intricate relationship between inflation rate and unemployment rate in the Philippines by … inflation rates and unemployment in the Philippines. In other words, the current study offered an additional empirical support …

of intermediate-level collective bargaining, leading to persistently bad outcomes in terms of inflation and unemployment … bargaining structure in Spain are a determinant factor of the rates of unemployment and inflation. …