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This book is a welcome consolidation and extension of the recent expanding debates on happiness and economics. Happiness and economics, as a new field for research, is now of pivotal interest particularly to welfare economists and psychologists. This Handbook provides an unprecedented forum for...
Persistent link: https://www.econbiz.de/10011169116
This study analyses asymmetries in the dynamic relationship between unemployment and the business cycle in the UK and the US. Unemployment rates present clear unconditional asymmetry in both countries. Markov switching regime models with two regimes also display clear asymmetries and show that,...
Persistent link: https://www.econbiz.de/10011240932
This study analyzes the relationship between unemployment and the business cycle in the UK and the US. For both economies, a strong and definite association is found that shows that cyclical shocks extend their effect on unemployment over several quarters. This association is much more intense...
Persistent link: https://www.econbiz.de/10011065311
This paper studies the existence of a world business cycle by examining quarterly and annual comovements in production, prices and interest rates in the three main world economies: Germany, Japan and the US. In accordance with earlier studies, contemporaneous relationships clearly dominate...
Persistent link: https://www.econbiz.de/10005164835
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The analysis of the determinants of the individual wage income can be transfered to the total domestic income from the point of view of the human capital. This paper analyzes the effects that a group of variables, relative to sociodemographic and labour attributes, exerts on the total income...
Persistent link: https://www.econbiz.de/10005515817
In this paper we present a study into the Spanish unemployment problem. To do so we examine unemployment flows, the relationship between unemployment and vacancies, and the outflow rate from unemployment. We propose a way of correcting the administrative, official, vacancy data. The unemployment...
Persistent link: https://www.econbiz.de/10005515821
This paper analyses the efficiency and productivity growth experienced by the Spanish Banking System over the 1986-92 period. The analysis uses a non parametric approach together with the Malmquist index to decompose the productivity growth into changes in efficiency (catching-up) and...
Persistent link: https://www.econbiz.de/10005515827