Showing 1 - 10 of 2,120
, it is known that there is a reverse relation between unemployment and growth known as Okun’s Law. This relation …, suggesting that every 1 point decrease in unemployment induces a 3 point increase in growth, is tested for many countries. In … difference in coefficients. At the same time, long term relation between growth and unemployment is tested with the use of time …
Persistent link: https://www.econbiz.de/10015242334
’s Dual-Decision Hypothesis (DDH), Wu (2017) derived the result showing change in savings is a function of labor income growth … that these assumptions, specifically labor income growth were lower, further optimization is done with proper adjustments …
Persistent link: https://www.econbiz.de/10015214465
human capital in Pakistan. Based on endogenous growth theory, this study empirically test the standard growth model …
Persistent link: https://www.econbiz.de/10015232144
/advices that the epicentre of policy efforts in addressing the country’s high unemployment and low economic growth dilemma should …
Persistent link: https://www.econbiz.de/10015260277
nonlinear Okun’s trade-off between unemployment and output growth in Swaziland with this trade-off being stronger during …
Persistent link: https://www.econbiz.de/10015261191
The present paper works out a demand-led growth model of a labour-constrained economy with an endogenous direction of …, capacity utilization, and capital accumulation; on Goodwin-type growth cycle models to investigate the dynamic interaction … between labour market and distributive conflict; on the induced innovation literature to link labour productivity growth to …
Persistent link: https://www.econbiz.de/10015268233
experiencing high output growth. Unemployment will also grow at a rate identical with other factors and sectors. The result is … growth in different sectors to mitigate or reduce unemployment history becomes crucial. …This paper develops a very simple model to explain the phenomenon of persistent unemployment even in an economy …
Persistent link: https://www.econbiz.de/10015242868
Since the early '90s, the empirical literature on human capital and economic growth is full of conflicting results …. Indeed, most theoretical analyzes have confirmed that human capital has a positive and significant effect on growth. This … article explore time series causality between human capital (particularly higher education) and growth in three different …
Persistent link: https://www.econbiz.de/10015249250
Economic growth crucially depends on the level of R&D investment, as well as on the existing labour market institutions … paper proposes a novel analysis combining a Schumpeterian growth model with cash-in-advance (CIA) constraints on R&D to … study the impact of trade unions on economic growth and social welfare. Two main results arise: one the one hand, economic …
Persistent link: https://www.econbiz.de/10015255098
Examining the hypothesis of jobless growth in the organised manufacturing sector (OMS) in the State of Tamil Nadu (T ….N.), the paper finds that there is some evidence of jobless growth in the post-reform years (1994-2006). However, in both the … pre-reform period (1983-93) and the combined period of 1983-2006 there is growth with employment generation. The results …
Persistent link: https://www.econbiz.de/10015255883