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been beneficial in terms of inflation, while it has not resulted in a significant effect on growth. Finally, we evidence …
Persistent link: https://www.econbiz.de/10015241317
countries. Using a panel data analysis technique, our result showed that there was no significant relationship between inflation … region. We employed a panel data technique of analysis, drawing data from twenty-nine countries in the region. The data … spanned 24 years (1991 to 2015). The annual data for unemployment rate and inflation rate for these countries were obtained …
Persistent link: https://www.econbiz.de/10015257898
Developing the National Strategy for Sustainable Development (SNDD) is the result of the obligation assumed by Romania, as a member of the European Union, in accordance with the objectives agreed at EU and methodological prescriptions of the European Commission. Defining element of this policy...
Persistent link: https://www.econbiz.de/10015215218
This paper sheds new light on the causes of the unemployment upsurge in Japan during the “fading 1990s”, an unprecedented period of structural crisis. We estimate a labor market model and identify the main macroeconomic determinants of labor demand and labor supply decisions in last decades....
Persistent link: https://www.econbiz.de/10015217735
In his Inquiry into the Nature and Causes of the Wealth of Nations Adam Smith (1776) considered the phenomenon of division of labor so enormously significant for the creation of a nation’s wealth that he devoted the first three chapters of his book to an investigation of this process. This is...
Persistent link: https://www.econbiz.de/10015220291
The paper presents an approach to labor market structure in the municipality of Rionegro, Antioquia from the construction of indicators. The analysis was conducted from the supply side, taking information from the municipality's population that was part or not in the labor force and accounts for...
Persistent link: https://www.econbiz.de/10015229136
, the investment of oil revenues, economic growth, unemployment rate, inflation rate, using the Johansen multivariate …
Persistent link: https://www.econbiz.de/10015262302
We show that a minimum wage can have large effects throughout the earnings distribution, using a combination of theory and empirical evidence. To this end, we develop an equilibrium search model featuring empirically relevant worker and firm heterogeneity. We use the estimated model to evaluate...
Persistent link: https://www.econbiz.de/10015264795
Indeed, the world economy is a complex system that has undergone many different phases in the past century. Particularly, the African economy is undergoing a series of transformations (transitions) that subject the future to considerable uncertainty, complexity and unpredictability. In fact,...
Persistent link: https://www.econbiz.de/10015265307
Workers temporarily leave their jobs for various reasons, for example, maternity, caregiving, and illness. In such a situation, a firm can lay off these workers and search for a new worker. To protect workers from such a firm's behavior, many developed countries have implemented a mandatory...
Persistent link: https://www.econbiz.de/10015269677