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to workers. In the short run, union membership dynamics are mainly driven by changes in unemployment. In turn, changes in …
Persistent link: https://www.econbiz.de/10005656160
The view that high unemployment in West Germany and other European countries is caused by a path dependence effect - or … is argued that in a cointegration framework it is reasonable to define hysteresis as the absence of weak exogeneity of … the explanatory variables. Building on a cointegration model of the employment rate in West Germany, I find only weak …
Persistent link: https://www.econbiz.de/10014173316
Although a large body of research has examined the effects of unions on the wage distribution, surprisingly little … attention has been devoted to the effects of unions on the distribution of income. This paper examines the long-run relationship … between unionization and income inequality for a sample of 20 countries. Using heterogeneous panel cointegration techniques …
Persistent link: https://www.econbiz.de/10010406053
This article explores the long-run relationship between unemployment rate and labor force participation rate in Canada …. The cointegration analysis vindicates the existence of a long-run relationship between these two variables. This finding … leads us to doubt the pertinence of the unemployment invariance hypothesis for Canada. This is consistent with the empirical …
Persistent link: https://www.econbiz.de/10011528837
This research explores the long-term equilibrium relationship between unemployment and labour force participation rates … for six selected countries in Latin America at both aggregate and gender-disaggregated levels. Cointegration analysis … focused on the study of time series is used to validate the unemployment invariance hypothesis and explore added and …
Persistent link: https://www.econbiz.de/10014636663
This article explores the long-run relationship between unemployment rate and labor force participation rate in Canada …. The cointegration analysis vindicates the existence of a long-run relationship between these two variables. This finding … leads us to doubt the pertinence of the unemployment invariance hypothesis for Canada. This is consistent with the empirical …
Persistent link: https://www.econbiz.de/10011696305
This article explores the long-run relationship between unemployment rate and labor force participation rate in Canada …. The cointegration analysis vindicates the existence of a long-run relationship between these two variables. This finding … leads us to doubt the pertinence of the unemployment invariance hypothesis for Canada. This is consistent with the empirical …
Persistent link: https://www.econbiz.de/10011882662
, 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/10013053730
This article explores the long-run relationship between unemployment rate and labor force participation rate in Canada …. The cointegration analysis vindicates the existence of a long-run relationship between these two variables. This finding … leads us to doubt the pertinence of the unemployment invariance hypothesis for Canada. This is consistent with the empirical …
Persistent link: https://www.econbiz.de/10011534303
This article explores the long-run relationship between unemployment rate and labor force participation rate in Canada …. The cointegration analysis vindicates the existence of a long-run relationship between these two variables. This finding … leads us to doubt the pertinence of the unemployment invariance hypothesis for Canada. This is consistent with the empirical …
Persistent link: https://www.econbiz.de/10011558505