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In this paper we study international linkages when forecasting unemployment rates in a sample of 24 OECD economies. We propose a Global Unemployment Factor (GUF) and test its predictive ability considering in-sample and out-of-sample exercises. Our main results indicate that the predictive...
Persistent link: https://www.econbiz.de/10012845239
This paper uses efficiency wage theory and the existence of community-based sharing to hypothesize that labor markets in developing countries have multiple equilibria—the same economy can be stuck at different levels of unemployment with different levels of wages. The model is meant for...
Persistent link: https://www.econbiz.de/10013152351
This paper uses efficiency wage theory and the existence of community-based sharing to hypothesize that labor markets in developing countries have multiple equilibria - the same economy can be stuck at different levels of unemployment with different levels of wages. The model is meant for...
Persistent link: https://www.econbiz.de/10013325308
We build a model for predicting civil wars where the government bargains with a rebel group using concessions and repression. The equilibrium is either a state of perpetual peace where there are concessions but no repression, or a state of repressive equilibrium that can lead to civil wars. At...
Persistent link: https://www.econbiz.de/10014158307
distribution of culturally diverse groups affects the outcome. To understand why ethnic diversity affects conflict and economic …
Persistent link: https://www.econbiz.de/10014025396
We examine the effect of inter-group fiscal competition on within-group violent conflict. Using a triple difference … that higher competition between villages reduces conflict but only up to moderate levels of competition. The conflict …
Persistent link: https://www.econbiz.de/10014315060
The relationship between land investment and tenure security is usually tested in land scarce but peaceful areas. This article examines instead the effects of land abundance and war for investment and tenure security. The paper demonstrates that war enhances land abundance. This implies that...
Persistent link: https://www.econbiz.de/10011438824
Persistent link: https://www.econbiz.de/10015206933
potential. Applications include international conflict, litigation, and elections. Even though only a peaceful agreement avoids … a loss of resources, if this loss is small enough, then any contract must assign a positive probability of conflict. We … show how the likelihood of conflict outbreak depends on the distribution of power between the agents and their information …
Persistent link: https://www.econbiz.de/10010365867
Persistent link: https://www.econbiz.de/10010407035