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Unemployment dynamics : the chain reaction theoryKaranassou, Maria January 1998 (has links)
The aim of the thesis is to examine, mainly, how labour market dynamics affect unemployment. We consider labour market models where current decisions - regarding employment, wage setting, and labour supply behaviour - depend on past decisions, and where these lagged adjustment processes interact. These interactions are the centerpiece of the chain reaction theory of unemployment, in which each labour market shock has a chain reaction of unemployment effects. Chapter 1 analyzes two important dynamic influences: (i) the prolonged effects of temporary shocks, called unemployment persistence, and (ii) the delayed effects of permanent shocks, which we call imperfect unemployment responsiveness. Focusing on three countries - Germany, UK, and US - we identify significant labour market lags, and measure the degree to which these lags are responsible for unemployment persistence and imperfect responsiveness. Chapter 2 shows that in multi-equation labour market models containing lagged endogenous variables and exogenous variables with nonzero long-run growth rates the natural rate of unemployment - as conventionally defined for empirical purposes - is not a reference point (a value toward which the equilibrium unemployment rate tends with the passage of time). Chapter 3 evaluates the natural rate and chain reaction theories of unemployment. For an empirical model of the UK labour market, we show that un-employment does not converge to the natural rate, as conventionally defined. Furthermore, we show that the labour market lags account for a substantial part of the UK long-run equilibrium unemployment rate as well as for the movement of UK unemployment over the past one and a half decades. Chapter 4 shows that real inertia (sluggish adjustment of real variables) may have a powerful role to play in generating the real effects of nominal (demand) shocks, and nominal inertia (sluggish adjustment of nominal wages and prices) may be important in propagating real (supply-side) shocks.
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Regional development planning and the role of secondary cities as migration centres in CameroonTati, Gabriel January 2000 (has links)
No description available.
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Women and teaching : Perceptions of gender relationships in the context of schoolingHicks, L. January 1988 (has links)
No description available.
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Technicians in the Hong Kong electronics and related industries : an emerging occupation?Ng, Sek Hong January 1983 (has links)
No description available.
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Empirical aspects of the rate of return to educationVigoles, Anna Frances January 1998 (has links)
No description available.
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Education, occupation and earnings of recent labour market entrants in Greece : evidence and analysisKandilorou, Helen January 1989 (has links)
No description available.
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Gender and social policy : women's redundancy and unemploymentCallender, Claire January 1988 (has links)
No description available.
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Flexibility and adjustment : Redundancy and the labour marketJones, D. R. January 1987 (has links)
No description available.
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The role of the labour market in the economic development of Singapore 1960-1984Kiang, H. S. January 1988 (has links)
No description available.
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Multinationals in the labour marketCarmichael, Fiona January 1989 (has links)
No description available.
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