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Download or read book Hysteresis in West German Unemployment Reconsidered written by and published by . This book was released on 2000 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Michael Reutter
Publisher :
ISBN 13 :
Total Pages : 20 pages
Book Rating : 4.:/5 (535 download)
Download or read book Hysteresis in West German Unemployment Reconsidered written by Michael Reutter and published by . This book was released on 2000 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Karl-Heinz Paqué
Publisher :
ISBN 13 :
Total Pages : 62 pages
Book Rating : 4.:/5 (166 download)
Download or read book Wage Gaps, Hysteresis and Structural Unemployment written by Karl-Heinz Paqué and published by . This book was released on 1989 with total page 62 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Ms.Valerie Cerra
Publisher : International Monetary Fund
ISBN 13 : 1513536990
Total Pages : 50 pages
Book Rating : 4.5/5 (135 download)
Download or read book Hysteresis and Business Cycles written by Ms.Valerie Cerra and published by International Monetary Fund. This book was released on 2020-05-29 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt: Traditionally, economic growth and business cycles have been treated independently. However, the dependence of GDP levels on its history of shocks, what economists refer to as “hysteresis,” argues for unifying the analysis of growth and cycles. In this paper, we review the recent empirical and theoretical literature that motivate this paradigm shift. The renewed interest in hysteresis has been sparked by the persistence of the Global Financial Crisis and fears of a slow recovery from the Covid-19 crisis. The findings of the recent literature have far-reaching conceptual and policy implications. In recessions, monetary and fiscal policies need to be more active to avoid the permanent scars of a downturn. And in good times, running a high-pressure economy could have permanent positive effects.
Author : Eithne Mclaughlin
Publisher : Routledge
ISBN 13 : 113489953X
Total Pages : 232 pages
Book Rating : 4.1/5 (348 download)
Download or read book Understanding Unemployment written by Eithne Mclaughlin and published by Routledge. This book was released on 2013-03-07 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book argues that unemployment is symptomatic of an inherently inefficient labour market founded on structured inequalities of locality, sex, race and age. It provides a multidisciplinary explanation of why unemployment has been a continuing crisis, suitable for students in many disciplines.
Author :
Publisher :
ISBN 13 : 9780262560375
Total Pages : 409 pages
Book Rating : 4.5/5 (63 download)
Download or read book NBER Macroeconomics Annual 1986 written by and published by . This book was released on 1986 with total page 409 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Lutz Bellmann
Publisher : Walter de Gruyter GmbH & Co KG
ISBN 13 : 3110511681
Total Pages : 248 pages
Book Rating : 4.1/5 (15 download)
Download or read book Labormetrics written by Lutz Bellmann and published by Walter de Gruyter GmbH & Co KG. This book was released on 2016-11-21 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Carlo Dell'Aringad
Publisher : Springer
ISBN 13 : 1349115622
Total Pages : 520 pages
Book Rating : 4.3/5 (491 download)
Download or read book Labour Relations and Economic Performance written by Carlo Dell'Aringad and published by Springer. This book was released on 2016-07-27 with total page 520 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume contains the proceedings of a conference held to assess the current state of the analysis of the labour market and of industrial relations and their relationship to economic performance.
Author : Mr.Tamim Bayoumi
Publisher : International Monetary Fund
ISBN 13 : 1475586914
Total Pages : 26 pages
Book Rating : 4.4/5 (755 download)
Download or read book Aftershocks of Monetary Unification written by Mr.Tamim Bayoumi and published by International Monetary Fund. This book was released on 2017-03-13 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: Once upon a time, in the 1990s, it was widely agreed that neither Europe nor the United States was an optimum currency area, although moderating this concern was the finding that it was possible to distinguish a regional core and periphery (Bayoumi and Eichengreen, 1993). Revisiting these issues, we find that the United States is remains closer to an optimum currency area than the Euro Area. More intriguingly, the Euro Area shows striking changes in correlations and responses which we interpret as reflecting hysteresis with a financial twist, in which the financial system causes aggregate supply and demand shocks to reinforce each other. An implication is that the Euro Area needs vigorous, coordinated regulation of its banking and financial systems by a single supervisor—that monetary union without banking union will not work.
Author : Rod Cross
Publisher : Cambridge University Press
ISBN 13 : 9780521483308
Total Pages : 404 pages
Book Rating : 4.4/5 (833 download)
Download or read book The Natural Rate of Unemployment written by Rod Cross and published by Cambridge University Press. This book was released on 1995-06-22 with total page 404 pages. Available in PDF, EPUB and Kindle. Book excerpt: For 25 years, theory about the causes of, and possible solutions to, the problem of unemployment has been dominated by Phelps' and Friedman's natural rate of unemployment hypothesis. This postulates that the equilibrium rate of unemployment consistent with steady inflation is determined by structural variables: sustainable reductions in unemployment can be achieved only by measures to change underlying microeconomic structures, such as benefit and pay bargaining systems. Belief in the hypothesis has faltered since the 1980s, the hypothesis being unable to explain the dramatic upward shifts in European unemployment rates. These essays reflect upon the fundamental structures underlying the hypothesis, assess the related evidence, and look forwards, suggesting possible modifications. In contrast to the single rate postulated by the natural rate hypothesis, several of the contributors propose that there are ranges of unemployment rates consistent with steady inflation.
Author : Sabine Urban
Publisher : Springer Science & Business Media
ISBN 13 : 3663100065
Total Pages : 335 pages
Book Rating : 4.6/5 (631 download)
Download or read book Europe in the Global Competition written by Sabine Urban and published by Springer Science & Business Media. This book was released on 2013-11-11 with total page 335 pages. Available in PDF, EPUB and Kindle. Book excerpt: Die Globalisierung der Märkte zwingt Europa nicht nur zu einer intensiven Auseinandersetzung mit den daraus erwachsenden Problemen, sondern auch zur Ausgestaltung geeigneter Wettbewerbsstrategien, um im Kampf um Marktvorteile bestehen zu können. Namhafte Experten aus Wissenschaft und Praxis analysieren in diesem Buch Stärken und Schwächen der Europäischen Union und diskutieren ihre Rolle im globalen Wettbewerb aus unterschiedlichen Blickrichtungen. Es werden u.a. folgende Themen behandelt: - Europa im globalen Wettbewerb - Interkulturelles Management zwischen Universalismus und Relativismus - Das Konzept der Marktwirtschaft und das Prinzip der Gemeinschaft (
Author : Laurent Ferrara
Publisher : Springer
ISBN 13 : 3319790757
Total Pages : 300 pages
Book Rating : 4.3/5 (197 download)
Download or read book International Macroeconomics in the Wake of the Global Financial Crisis written by Laurent Ferrara and published by Springer. This book was released on 2018-06-13 with total page 300 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book collects selected articles addressing several currently debated issues in the field of international macroeconomics. They focus on the role of the central banks in the debate on how to come to terms with the long-term decline in productivity growth, insufficient aggregate demand, high economic uncertainty and growing inequalities following the global financial crisis. Central banks are of considerable importance in this debate since understanding the sluggishness of the recovery process as well as its implications for the natural interest rate are key to assessing output gaps and the monetary policy stance. The authors argue that a more dynamic domestic and external aggregate demand helps to raise the inflation rate, easing the constraint deriving from the zero lower bound and allowing monetary policy to depart from its current ultra-accommodative position. Beyond macroeconomic factors, the book also discusses a supportive financial environment as a precondition for the rebound of global economic activity, stressing that understanding capital flows is a prerequisite for economic-policy decisions.
Author : Brigitte Unger
Publisher : Sophie Enterprises
ISBN 13 : 9780992653743
Total Pages : 422 pages
Book Rating : 4.6/5 (537 download)
Download or read book The German Model written by Brigitte Unger and published by Sophie Enterprises. This book was released on 2015-04-08 with total page 422 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the Financial Crisis in 2008 Germany has performed economically far better than most of its neighbouring countries. What makes Germany so special that nobel prize winner Krugman called it a German miracle and is this sustainable? Is it its strong economic and political institutions, in particular trade unions, which by international comparison are a solid rock in turbulent waters, its vocational training which guarantees high skilled labour and low youth unemployment, its social partnership agreements which showed large flexibility of working time arrangements during the crisis and turned the rock into a bamboo flexibly bending once the rough wind of globalization was blowing? Or was it simply luck, booming exports to China and the East, a shrinking population, or worse so, a demolition of the German welfare state? All along from miracle to fate to shame of the German model: Is there such a thing like a core of Germany? The debate on the German model is controversial within Germany. But what do neighbours think about Germany? The Nordic countries want to copy German labor market institutions. The Western countries admire it for its high flexibility within stable institutions, the Austrians have a similar model but question Germany's welfare arrangements and growth capacities. Many Eastern European countries are relatively silent about the German model. There is admiration for the German economic success, but at the same time not so much for its institutions and certainly not for its restrictive migration policy. The Southern countries see it as a preposterous pain to Europe by shaping EU policy a la Germany and forcing austerity policy at the costs of its neighbours. Can the German model be copied? And what do neighbours recommend Germany to do?
Author : Julio A. Santaella
Publisher : International Monetary Fund
ISBN 13 : 145196045X
Total Pages : 42 pages
Book Rating : 4.4/5 (519 download)
Download or read book Unemployment in Ireland written by Julio A. Santaella and published by International Monetary Fund. This book was released on 1995-01-01 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper examines the problem of unemployment in Ireland. A brief description of the main distinctive features of the structure of Irish unemployment is presented. Based on up to date literature, the possible causes behind unemployment are reviewed. Empirical studies that have quantified the contributions of different determinants to the increase in Irish unemployment are also surveyed. The paper concludes with some policy suggestions.
Author : World Bank
Publisher : World Bank Publications
ISBN 13 : 1464816662
Total Pages : 339 pages
Book Rating : 4.4/5 (648 download)
Download or read book Global Economic Prospects, June 2021 written by World Bank and published by World Bank Publications. This book was released on 2021-08-03 with total page 339 pages. Available in PDF, EPUB and Kindle. Book excerpt: The world economy is experiencing a very strong but uneven recovery, with many emerging market and developing economies facing obstacles to vaccination. The global outlook remains uncertain, with major risks around the path of the pandemic and the possibility of financial stress amid large debt loads. Policy makers face a difficult balancing act as they seek to nurture the recovery while safeguarding price stability and fiscal sustainability. A comprehensive set of policies will be required to promote a strong recovery that mitigates inequality and enhances environmental sustainability, ultimately putting economies on a path of green, resilient, and inclusive development. Prominent among the necessary policies are efforts to lower trade costs so that trade can once again become a robust engine of growth. This year marks the 30th anniversary of the Global Economic Prospects. The Global Economic Prospects is a World Bank Group Flagship Report that examines global economic developments and prospects, with a special focus on emerging market and developing economies, on a semiannual basis (in January and June). Each edition includes analytical pieces on topical policy challenges faced by these economies.
Author : Thomas Lange
Publisher : Edward Elgar Publishing
ISBN 13 : 9781782542995
Total Pages : 328 pages
Book Rating : 4.5/5 (429 download)
Download or read book Unemployment in Theory and Practice written by Thomas Lange and published by Edward Elgar Publishing. This book was released on 1998-01-01 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: Unemployment in Theory and Practice examines the effectiveness of current policies in the battle against unemployment. It uses a variety of country case studies to analyse the range of potential causes of and cures for unemployment and analyses the complex nature of labour markets.
Author : Helmut M. Wagner
Publisher : Springer Science & Business Media
ISBN 13 : 3662040824
Total Pages : 385 pages
Book Rating : 4.6/5 (62 download)
Download or read book Globalization and Unemployment written by Helmut M. Wagner and published by Springer Science & Business Media. This book was released on 2013-03-14 with total page 385 pages. Available in PDF, EPUB and Kindle. Book excerpt: Globalization and unemployment are two phenomena which are amongst the most widely discussed subjects in the economic debate today. Often, globalization is regarded as being responsible for the increase in unemployment, particularly in unskilled labor. This book deals with the correlation between globalization and unemployment under various aspects: historical aspects of globalization, empirical trends and theoretical explanations of unemployment, effects of globalization in general and of European Monetary Union in particular on umemployment, labor market policy in a global economy, the impact of fiscal policy on unemployment in a global economy, as well as the effects of globalization on inflation and national stabilization policy.
