This study assesses the economic and social impacts of foreign direct investment (FDI) in 17 economies in Central, East and Southeast Europe (CESEE). More precisely, we investigate how different FDI inflows have affected various economic and social indicators, such as GDP growth, labour market...

The consequences of the Covid-19 pandemic had numerous social, political, and economic consequences. However, many studies suggest the labor market is the most affected area compared to the others. This is because some of the workers were forced to quit due to the presence of the pandemic at...

In recent years, particularly in the European Union, it is believed that the reduction of labor costs will contribute to the competitiveness and adaptability of enterprises and thus to maintain existing and create new jobs. Since the early 1990s, Greece following the guidelines of the European...

Few countries have as serious an unemployment problem as South Africa. In the period 2000-2013 the narrow (and official) unemployment rate averaged 24.1%. The broad unemployment rate (which includes the discouraged unemployed) averaged 33.4%. At the same time the informal sector is very small...

The ‘lost decade’ in Japan was a period of steep surge in unemployment. It started in 1991 with the unemployment rate at 2.1%, and ended in 2002 when it reached a historical maximum of 5.5%. To assess the main causes of this rise we take a macroeconomic perspective and estimate a...

In this paper, we have tried to find out specially the features of unemployment-underemployment scenario. As we know, like auction market labor market is not perfectly competitive. For various heterogeneities, it has some distinct features. In Bangladesh, unemployment and underemployment...

In this paper we offer a critical discussion about the concept of labour market rigidity in the light of recent theoretical approaches that have aimed to provide sound micro-foundations to the presence of unemployment in market economies. We point out that the concept of labour market rigidity...

Health has a significant impact on labor market outcomes, and thus on criminal decisions. We document that health positively affects an individual's wage and employment probability but has a negative effect on criminal activities. To study the economic mechanism behind these findings, we build...

In this paper I assess the responsiveness of Italian wage rates to labor market conditions and show that the specific wage measure considered has important consequences for the results. The cyclical response of wages measured by National Accounts is dampened by a number of measurement issues; on...

This paper investigates the impact of private credit contractions on labor market performance. Impulse responses for total, youth, and long-term unemployment are estimated using local projections for a panel of 20 OECD countries over the period 1980-2013. The empirical findings suggest that a...