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continuing convergence of employment and unemployment patterns for men and women. However, some recent negative trends include a … rise in unemployment, especially long-term unemployment, a deteriorating youth labor market, and a stagnant gender earnings …
Persistent link: https://www.econbiz.de/10011984694
, inflation and unemployment, we detect a wrong sign in the response of inflation to contractionary monetary policy shocks … significant unemployment inflation trade-off emerges. These conclusions are confirmed by using industrial production instead of … 1999-2019, when the Federal Funds Rate and the Euro-Dollar exchange rate are added to the VAR model inflation shows …
Persistent link: https://www.econbiz.de/10013201449
, imports, inflation, and unemployment) on CO2 emissions in the EU region. Systematization, empirical comparative analysis, and … dependence of carbon dioxide emissions on macroeconomic indicators such as gross domestic product, exports, imports, inflation …, and unemployment. To know whether to reduce or maintain allowable CO2 emissions, governments can use multivariate …
Persistent link: https://www.econbiz.de/10014461876
the reaction of post-Keynesian economists to examine alternatives to inflation-targeting monetary strategies and to Taylor …
Persistent link: https://www.econbiz.de/10014363113
strong support for concave shaped unemployment-gap and output-gap based Phillips curve specifications. Given the specific … form of concavity discovered in the Phillips curves, the low inflation rate experienced over the last couple of decades can …
Persistent link: https://www.econbiz.de/10014544483
of weak demand can lead to rising structural unemployment and a permanently lower capital stock – the hysteresis effects …) policies to cope with hysteretic unemployment is neither necessary nor sufficient. Instead, subtler forms of hysteresis should … be taken into account. They leave some room for monetary policy to maneuver, more complex way. If long-term unemployment …
Persistent link: https://www.econbiz.de/10014524305
This paper analyzes the introduction of the German minimum wage in 2015 in a structural model geared to quantitatively assess its long-run economic effects. We first employ a simple neoclassic model where wages equal theirmarginal product, then extend thismodel to two sector economy, and finally...
Persistent link: https://www.econbiz.de/10012298868
high unemployment, prevalence of skills mismatches, low labor market mobility, and lack of formal employment networks …
Persistent link: https://www.econbiz.de/10010331985
Current cohorts of young adults entered adulthood during an international labor and housing market crisis of a severity not experienced since the Great Depression. Concerns have arisen over the impacts on young adults’ employment, income, wealth, and living arrangements, and about whether...
Persistent link: https://www.econbiz.de/10011573632
Temporary work agencies use training as a recruitment and retention argument when qualified labor is scarce. However, short job assignments present a major obstacle for employers and employees to increase investment in training. As temporary agency workers are mainly low-qualified and often...
Persistent link: https://www.econbiz.de/10011573641