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The labour supply has historically been subject to influence from the economic cycle. On the other hand, there is a paucity of research in the Latin American region examining the impact of social factors on labour participation in diverse contexts. This study examines the spatial dependence of...
Persistent link: https://www.econbiz.de/10015198408
This study analyses the relationship between unemployment and economic growth at the international level, addressing the nature and decomposition of the Okun coefficient. Using World Bank data from 173 countries between 1991 and 2019, econometric techniques including decompositions and spatial...
Persistent link: https://www.econbiz.de/10015361646
The relationship between the labor force participation and the business cycle has become a topic in the economic literature. However, few studies have considered whether the cyclical sensitivity of the labor force participation is influenced by "social effects". In this paper, we construct a...
Persistent link: https://www.econbiz.de/10012150172