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Characteristics of unemployment
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Part 1 of ebook "The economics of development and planning (40th revised and enlarged edition)" provides readers with content including: basic problems; some theories of economic development; some growth models; factors of economic growth: economic and non-economic; meaning and characteristics of modern economic growth; Nurkse’s theory of disguished unemployment as a saving potential;...
616p
lytamnguyet
04-08-2023
9
4
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This chapter identify the four phases of the business cycle; explain the primary characteristics of recessions and expansions; define potential output, measure the output gap, and analyze an economy's position in the business cycle; define the natural rate of unemployment and relate it to cyclical unemployment; apply okun's law to analyze the relationship between the output gap and cyclical unemployment; discuss the differences between how the economy operates in the short run and the long run.
33p
tradaviahe15
23-02-2021
14
2
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This chapter identify the four phases of the business cycle; explain the primary characteristics of recessions and expansions; define potential output, measure the output gap, and analyze an economy's position in the business cycle; define the natural rate of unemployment and relate it to cyclical unemployment; apply okun's law to analyze the relationship between the output gap and cyclical unemployment; discuss the differences between how the economy operates in the short run and the long run.
13p
nanhankhuoctai10
23-07-2020
15
1
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The purpose of the paper is to econometrically exploit the characteristics of unemployment in Serbia upon the start of the 2008 economic crisis. The methodological framework is based on the cointegrated vector autoregressive model that consists of the following macroeconomic variables: unemployment rate, prices, nominal wages and nominal exchange rate.
14p
vinguyentuongdanh
19-12-2018
22
0
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The Netherlands may be an extreme case, both in terms of observed retirement patterns as well as in terms of the characteristics of the institutional setting. Since the mid-seventies Labour force participation rates of elderly males (55 years and older) have dropped about 50% points to a current level of less 30%. Employer provided Early Retirement (ER) schemes allow for retirement at the age of 60, or sometimes even earlier 2 . In addition to these schemes there are Unemployment Insurance schemes (UB) and Disibality Insurance schemes (DI) to protect...
6p
taisaokhongthedung
01-01-2013
62
4
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Individuals are then identified as workers and nonworkers (i.e., the unemployed and the respective dependents/ spouses of workers). Workers are assigned employer wage distribution characteristics from EDD 2007 data based on firm size and insurance offer status from their MEPS record. e firms are then statistically matched to the Employer Sponsored Insurance (ESI) data from the 2010 CEHBS, which contains additional information on the actuarial value of the health plans offered.
27p
thankinhphanliet
01-01-2013
50
3
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Chapter 6 Search, Matching, and Unemployment 6.1. Introduction This chapter applies dynamic programming to a choice between only two actions, to accept or reject a take-it-or-leave-it job offer. An unemployed worker faces a probability distribution of wage offers or job characteristics
48p
summerflora
28-10-2010
82
6
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