أعرض تسجيلة المادة بشكل مبسط

dc.creator Karanassou, Marika
dc.creator Sala, Héctor
dc.creator Snower, Dennis J.
dc.date 2003
dc.date.accessioned 2013-10-16T06:56:01Z
dc.date.available 2013-10-16T06:56:01Z
dc.date.issued 2013-10-16
dc.identifier IZA discussion papers Forschungsinstitut zur Zukunft der Arbeit, Bonn 899
dc.identifier http://hdl.handle.net/10419/3061
dc.identifier ppn:372030475
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/3061
dc.description This paper presents a reappraisal of unemployment movements in the European Union. Our analysis is based on the chain reaction theory of unemployment, which focuses on (a) the interaction among labor market adjustment processes, (b) the interplay between these adjustment processes and the dynamic structure of labor market shocks, and (c) the interaction between the adjustment processes and economic growth. We divide the shocks into institutional variables, price variables, and growth drivers. Estimating a system of labor market equations for a panel of EU countries, we derive the dynamic unemployment responses to each shock. Our analysis permits us to distinguish between the short- and longrun effects of the shocks. Different shocks generate different degrees of "unemployment persistence" (responses to temporary shocks) and "unemployment responsiveness" (responses to permanent shocks). We find that the growth drivers play a dominant role in accounting for the main swings in EU unemployment.
dc.language eng
dc.publisher Forschungsinstitut zur Zukunft der Arbeit, Bonn
dc.relation IZA Discussion paper series 899
dc.rights http://www.econstor.eu/dspace/Nutzungsbedingungen
dc.subject J64
dc.subject E30
dc.subject E37
dc.subject J32
dc.subject J60
dc.subject ddc:330
dc.subject unemployment , natural rate , labor market shocks , chain reaction theory
dc.subject Arbeitslosigkeit
dc.subject Hysteresis
dc.subject Schock
dc.subject Arbeitsmarktflexibilisierung
dc.subject Internationaler Wettbewerb
dc.subject Konjunktur
dc.subject Schätzung
dc.subject EU-Staaten
dc.title Unemployment in the European Union: institutions, prices, and growth
dc.type doc-type:workingPaper


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أعرض تسجيلة المادة بشكل مبسط