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inflation and unemployment. We focus on the G7 economies plus Spain, and use monthly data –high-frequency data in a macro …. We find that total connectedness is larger for prices (58.28%) than for unemployment (41.81%). We also identify …
Persistent link: https://www.econbiz.de/10013236402
We develop a growth model with unemployment due to imperfections in the labor market. In this model, wage inertia and …
Persistent link: https://www.econbiz.de/10005822131
We develop a growth model with unemployment due to imperfections in the labor market. In this model, wage inertia and …
Persistent link: https://www.econbiz.de/10005731615
This paper examines the movements in EU unemployment from two perspectives: (a) the NRU/NAIRU perspective, in which … unemployment movements are attributed largely to changes in the long-run equilibrium unemployment rate and (b) the chain …-reaction perspective, in which unemployment movements are viewed as the outcome of the interplay between labor market shocks and prolonged …
Persistent link: https://www.econbiz.de/10011412080
' relative position persists: those with the highest unemployment rates in 1996 were also in the worse position in 2012. To … reacts to regional employment shocks in a variety of cases. Shock responses are channelled via changes in unemployment …, unemployment and spatial mobility become the central ones in recession. We also provide evidence of real wage rigidities in both …
Persistent link: https://www.econbiz.de/10010221827
unemployment was relatively slow with respect to sustained economic growth. Following Holden and Wulfsberg (2009), we compute a …
Persistent link: https://www.econbiz.de/10011636672
Persistent link: https://www.econbiz.de/10014308829
This paper studies the impact of financialization on unemployment in the U.S. We estimate a dynamic multi … appears as a key determinant of capital accumulation which, in turn, is the transmission channel towards its unemployment … swings experienced by the financialization process. We find that it has had relevant unemployment effects in all periods …
Persistent link: https://www.econbiz.de/10010293162
' relative position persists: those with the highest unemployment rates in 1996 were also in the worse position in 2012. To … reacts to regional employment shocks in a variety of cases. Shock responses are channelled via changes in unemployment …, unemployment and spatial mobility become the central ones in recession. We also provide evidence of real wage rigidities in both …
Persistent link: https://www.econbiz.de/10010329166
' relative position persists: those with the highest unemployment rates in 1996 were also in the worse position in 2012. To … via changes in unemployment, labour market participation, and spatial mobility. Our results provide evidence of asymmetric … adjustment mechanism in expansion, unemployment and spatial mobility become the central ones in recession. We also provide …
Persistent link: https://www.econbiz.de/10011650286