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This article suggests a way of building a comprehensive program that can effectively eliminate unemployment using the employer-of-last-resort (ELR) scheme, which comes from the Minskyan tradition. According to this scheme, the state offers a job to everyone who is willing to work. In response to...
Persistent link: https://www.econbiz.de/10012946929
This paper analyses the Beveridge Curve across nine OECD countries from 1985 to 2012. Besides allowing for some customary labour-market institutions, we assess the role of various kinds of structural factors (technological progress, globalisation, oil prices) and of the current recession on the...
Persistent link: https://www.econbiz.de/10012965390
This paper tests the existence of a Beveridge Curve across the economies of nineteen OECD countries from 1980 to 2007, investigating the impact of technological progress and globalisation on the unemployment-vacancies trade-off. We find largely favourable evidence for the existence of a OECD...
Persistent link: https://www.econbiz.de/10011631013
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This paper tests the existence of a Beveridge Curve across the economies of nine OECD countries from 1980 to 2011, investigating the impact of various kinds of structural factors (technological progress, globalisation, oil prices) and of the current recession on the Curve. Technological progress...
Persistent link: https://www.econbiz.de/10011267932