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unemployment based on the distribution of completed spells will be superior than that based on the distribution of interrupted …
Persistent link: https://www.econbiz.de/10009482188
Rising wage inequality in the U.S. and Britain and rising continental European unemployment have led to a popular view …
Persistent link: https://www.econbiz.de/10009476767
minimum wage may increase unemployment (although the estimates arenot robust). There are no discernable effects of minimum …Taking advantage of a complex minimum wage structure in Honduras, this paper examines how changes in minimum wages over … the 1990-2004 period affect unemployment as well as the employment and average wages of workers in different sectors of …
Persistent link: https://www.econbiz.de/10009477114
Notably, Africa countries have enjoyed relatively strong economic growth for the past years (decade) mainly because of impressive global demand for primary commodities. Unfortunately, Africa’s economic growth had failed to generate many good jobs and thus postponing the benefits of the...
Persistent link: https://www.econbiz.de/10015213292
The aim of this essay is to show how sustained growth in the employment rate, which should be taken as a strategic variable of economic policy, depends - for given growth rates of output and working age population - on two conditions: (a) allowing working hours to decline at the same rate at...
Persistent link: https://www.econbiz.de/10015213397
hourly labour productivity. By holding employment growth and wage growth together, a working time reform would thus help to …
Persistent link: https://www.econbiz.de/10015213413
of labor market transitions among formality, informality, unemployment, and inactivity. The flow into informality from … unemployment is the main force accounting for persistence, which suggests that informality is a temporary shelter from joblessness …
Persistent link: https://www.econbiz.de/10015213427
Expenditures on healthcare and employment in the healthcare sector have been steadily increasing across OECD countries for many years. This shift of expenditure and employment towards a consistently found to be less productive sector has often been associated with the idea of Baumol’s (1967)...
Persistent link: https://www.econbiz.de/10015213432
This paper analyzes the relationship between demographic change and automation while taking the role of education into account. This is illustrated by incorporating skilled and unskilled labor into a theoretical model. If labor supply by households decreases, for example, due to demographic...
Persistent link: https://www.econbiz.de/10015213434
In this study we investigated the long-run relationship between property crime and three macro-financial economic variables in Malaysia for the period 1973 to 2003. In order to avoid what the econometrician term as ‘spurious regression problem’ we estimate the model using the vector-error...
Persistent link: https://www.econbiz.de/10015213550