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Full-Text Articles in Social and Behavioral Sciences

How Global Value Chains Affect Economic Output And Unemployment: An Empirical Evidence From Asean Countries, Sri Juli Asdiyanti Samuda Sep 2023

How Global Value Chains Affect Economic Output And Unemployment: An Empirical Evidence From Asean Countries, Sri Juli Asdiyanti Samuda

Bulletin of Monetary Economics and Banking

This paper examines the effects of Global Value Chains on economic output and unemployment in ten ASEAN countries from 1999 to 2018. This study provides estimation using the system GMM and panel causality test to determine the effect of GVC thoroughly. The results indicate a positive and significant effect of global value chains on economic output in ASEAN countries. However, the findings also show that global value chains increase unemployment during the observation period. Heterogenous panel non-causality findings suggest that economic output does not affect the level of participation of GVC, but unemployment affects the level of participation in ten …


Does The Okun's Law Hold In The Brics Countries And Nigeria?, U. Aminu, A. Abel, A. R. Garba Jun 2022

Does The Okun's Law Hold In The Brics Countries And Nigeria?, U. Aminu, A. Abel, A. R. Garba

Economic and Financial Review

The unemployment-output nexus is a topical issue in developing countries, particularly with some evidence against the trade-off suggested by Okun’s law. This study, therefore, investigates the validity of Okun’s law in the BRICS countries and Nigeria, based on annual data between 1993 and 2020, using the Panel ARDL model. We validate the Okun’s law with evidence of an inverse relationship between output and unemployment in the BRICS countries and Nigeria. We, therefore, recommend that policymakers should boost both nominal and potential output by fully diversifying the economy to enhance productivity and reduction in the unemployment rate. We also recommend that …


Does Technological Innovations Affect Unemployment In Nigeria?, Ebunoluwa O. Oyegoke, Wasiu A. Yusuf Dec 2021

Does Technological Innovations Affect Unemployment In Nigeria?, Ebunoluwa O. Oyegoke, Wasiu A. Yusuf

Bullion

The study examines the effects of technological innovations on unemployment in Nigeria using annual time series data 1980-2018, Autoregressive Distributed Lag and cointegration bound testing approach, Technological innovations was provided by the inflow of FDI; importation of Machinery and Equipment as indicator for process innovation (ETC), Patent represents product innovation, while Total Factor Productivity serves as the exogenous technical progress in line with Solow. The result shows that the coefficient of the inward Foreign Direct Investments (INFDI) is positive (3.85), which is significant at 5%, indicating a strong positive effect of process innovation on Unemployment, Machinery and Equipment was also …


Income In The Off-Season: Household Adaptation To Yearly Work Interruptions, John Coglianese, Brendan M. Price Feb 2021

Income In The Off-Season: Household Adaptation To Yearly Work Interruptions, John Coglianese, Brendan M. Price

Employment Research Newsletter

No abstract provided.


Child Labour In Nigeria: Causes And Consequences For National Development, Adebola Tolulope Adeoti Jan 2021

Child Labour In Nigeria: Causes And Consequences For National Development, Adebola Tolulope Adeoti

Young African Leaders Journal of Development

Child Labour is a great concern in many Africa countries, Nigeria inclusive in spite of legislative measures. Child labour eradication has also been recognised as a necessity for the achievement of sustainable development. The paper reviews the factors that influence the use of child labour .The paper which argues that, at the heart of the problematic of the Child Labour is Poverty, also explains the health consequences of child labour in Nigerian children. The paper reveals the various types of child labour, which Nigerian children engaged in. The findings also identified; illiteracy, unemployment , polygamy and others as some of …


The Enduring Local Harm From Recessions, Brad J. Hershbein, Bryan A. Stuart Jul 2020

The Enduring Local Harm From Recessions, Brad J. Hershbein, Bryan A. Stuart

Employment Research Newsletter

No abstract provided.


Determinants Of County-Level Poverty Rates In 2017: An Upper-Midwest Comparison, Trey V. Perez May 2020

Determinants Of County-Level Poverty Rates In 2017: An Upper-Midwest Comparison, Trey V. Perez

Undergraduate Economic Review

The American upper-Midwest as a region throughout the 2010s has experienced lower-than-average poverty rates. This paper seeks to uncover the determinants that have the greatest impact on the county-level poverty rates for five states (Iowa, Minnesota, Wisconsin, and the Dakotas). Outcomes for this study came from an Ordinary Least Squares (OLS) regression to estimate the impact each independent variable had on the poverty rate. The empirical results showed the unemployment rate, the percentage of households headed solely by females, and percent of the population that was Native American in 2017 had a significant impact on a county’s poverty rate.


Effect Of Unemployment Length On Employment Expectations, Kamyar Kamyar May 2020

Effect Of Unemployment Length On Employment Expectations, Kamyar Kamyar

Undergraduate Economic Review

Unemployment often has devastating effects on individuals -- both in financial and psychological terms. Depending on the type and category of unemployment, its length varies; and as its length increases it may implement biased thought in individuals’ predictions regarding future employment. This paper’s primary purpose is to measure and discuss how the time length that one has been unemployed for affects his or her expectations on his or her own short-term possibility of employment. The results suggest a strong opposite link between one’s prediction of future employment and the same person’s prior unemployment period. This paper was originally written in …


How A Pandemic Crisis Serves As A Predicament In Trade Merchandises?- A Global Panorama, V Yamuna Ph.D., Source Marie Jan 2020

How A Pandemic Crisis Serves As A Predicament In Trade Merchandises?- A Global Panorama, V Yamuna Ph.D., Source Marie

International Review of Business and Economics

Trade and commerce occupies a vital part in burgeoning of a nation’s economy, which thereby is responsible for thriving of several global merchandises. However, the current COVID-19 scenario has casted a dark spell upon the business industry and caused the rate of imports and exports to plummet drastically. Global economists predicted an 18.5 % drop in trade, on regard with the second quarter of 2020. This precipitous decline would be attributed as horrendously enormous on record concerning the history of modern trade. As every cloud has a silver lining, the experts forecasted a much lower decline which was eventually inhibited. …


A Study On The Causes And Impact Of Unemployment In India, Shruti Nair Jan 2020

A Study On The Causes And Impact Of Unemployment In India, Shruti Nair

International Review of Business and Economics

The rate of unemployment in India has been increasing over the years. The current paper aims to analyze the factors leading to unemployment and its impact on the Indian economy. The study focusses on how employment rate plays a major role in overall development of the economy. The study makes use of secondary data sources and focusses on the present scenario of unemployment in rural and urban areas. The paper analyzes how an increase in population, poverty, illiteracy, inflation and lack of full employment can lead to a slowdown in the growth of the economy.The paper discusses the problems faced …


Youth Education, Unemployment And Entrepreneurship In Nigeria: Pointers For Accessing Sdg Goal 8, Tomilade Olominu Nov 2018

Youth Education, Unemployment And Entrepreneurship In Nigeria: Pointers For Accessing Sdg Goal 8, Tomilade Olominu

Young African Leaders Journal of Development

There exist a link between the youth and education-employment-entrepreneurship. This link expresses an age-long interaction and futuristic tendencies. It is such that the education of the youth determines their employability. Youth unemployment has however pervaded the make-up of the Nigerian society as such youth have resorted to entrepreneurship. Entrepreneurship or entrepreneurship education has gained general empathy as the solution to tackling unemployment. In the event of Sustainable Development Goal 8 which aims at promoting sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all men and women regardless of their capabilities and incapabilities, how can …


The Impact Of Entrepreneurship Education On Self-Employment Initiatives Among Fourah Bay College Students, Kamara Abdulsalam Nov 2018

The Impact Of Entrepreneurship Education On Self-Employment Initiatives Among Fourah Bay College Students, Kamara Abdulsalam

Young African Leaders Journal of Development

Entrepreneurship education is a catalyst for the diminution of unemployment in Sierra Leone. The study evaluates the causal nexus between entrepreneurship education and self-employment initiatives among Fourah Bay College students. Using regression analysis, data collected were primary data through the administration of questionnaires and simple percentage ranking techniques were used to analyze the questionnaires. The result shows that entrepreneurship education is an important policy and it has positive effect on self-employment initiatives. From the study, the following are some of the recommendations: The University of Sierra Leone should establish a center for entrepreneurship and innovation that will offer degree programs …


Evidence-Based Reform Of The Unemployment Insurance System, Stephen A. Wandner Oct 2018

Evidence-Based Reform Of The Unemployment Insurance System, Stephen A. Wandner

Employment Research Newsletter

No abstract provided.


Monetary Policy Management In Nigeria Today: Issues In Stagflation And Recession, Moses K. Tule Mar 2018

Monetary Policy Management In Nigeria Today: Issues In Stagflation And Recession, Moses K. Tule

Bullion

This article explore the rare and challenging economic problem faced by Nigeria refers to as stagflation. i.e. a condition characterized by the co-existence of declining growth rates along with high unemployment and inflation rates. These negative economic development have raised major concern for policy makers and other economic agents because of the adverse effects on investment, financial stability and livelihood.


Measuring Health Outcomes Of Uncovered Employment: A Study Of Income, Social Mobility, Equality, And Health Indicators In An Under-Looked Segment Of The Labor Force, Zakariya Kmir Feb 2018

Measuring Health Outcomes Of Uncovered Employment: A Study Of Income, Social Mobility, Equality, And Health Indicators In An Under-Looked Segment Of The Labor Force, Zakariya Kmir

Undergraduate Economic Review

Economists have strongly supported the idea that unemployment causes many undesirable health outcomes. However, how does belonging to a different sector of employment tied closely to changes in minimum wage and inflation relate to overall health? To properly understand the numerical significance of health disparities in the uncovered sector of employment, this research is targeted at quantifying the relationship between the insured and non-insured within the uncovered sector. By substantiating the existence of severe health disparities as a function of the labor force dynamic, this research subsequently estimates the amount of inefficiency and negative health outcomes in the US economy …


Investigating A Modern Midwestern Crisis: The Economy And Opioid Overdose Death In Ohio, Anna M. Gagliardo Jun 2017

Investigating A Modern Midwestern Crisis: The Economy And Opioid Overdose Death In Ohio, Anna M. Gagliardo

Undergraduate Economic Review

This paper examines the effect of local economic factors on the amount of opioid overdose deaths across counties in Ohio. Ohio leads the nation in opioid overdose deaths. The data examined spans all 88 counties of Ohio and compares 2009 and 2013 data, relying predominantly on Ohio Department of Health and US Census American Community Survey data. Using two linear regression models, I demonstrate that there is a significant correlation between insured rates and opioid overdose deaths in 2009 as well as a significant correlation between poverty rates and opioid overdose death rates in Ohio in 2013. Additionally, I show …


Dynamic Effects Of Fiscal Policy On Output And Unemployment In Nigeria: An Econometric Investigation, Attahir B. Abubakar Dec 2016

Dynamic Effects Of Fiscal Policy On Output And Unemployment In Nigeria: An Econometric Investigation, Attahir B. Abubakar

CBN Journal of Applied Statistics (JAS)

This study investigates the effect of fiscal policy shocks on output and unemployment in Nigeria under the Keynesian framework by employing the Structural Vector Autoregression (SVAR) methodology to analyse annual series on the relevant variables for the period 1981-2015. Augmented Dickey Fuller (ADF) test for unit root result shows all variables to be integrated of order one and Johansen Cointegration test confirms the presence of long run association among the variables. Findings of the SVAR model shows shock in public expenditure as having a positive long- lasting effect on output. Revenue shock was found to exert a positive effect (lower …


Monetary Policy And Unemployment In Nigeria: Is There A Dynamic Relationship?, Sunday N. Essien, Garba A. Manya, Mary O.A. Arigo, Kufre J. Bassey, Suleiman F. Ogunyinka, Deborah G. Ojegwo, Francisca Ogbuehi Jun 2016

Monetary Policy And Unemployment In Nigeria: Is There A Dynamic Relationship?, Sunday N. Essien, Garba A. Manya, Mary O.A. Arigo, Kufre J. Bassey, Suleiman F. Ogunyinka, Deborah G. Ojegwo, Francisca Ogbuehi

CBN Journal of Applied Statistics (JAS)

This paper examines the link between unemployment and monetary policy in Nigeria using a vector autoregressive (VAR) framework for the period 1983q1 – 2014q1. The paper investigates the effect of structural change by identifying three structural breakpoints and incorporating them into the VAR model as dummy variables. The results show that a positive shock to policy rate raises unemployment over a 10 quarter period. In addition, all the variables used as proxy in the model jointly Granger cause unemployment, implying the existence of a dynamic relationship between monetary policy and unemployment in Nigeria.


Does Public Employment Reduce Unemployment?, Alberto Behar, Junghwan Mok Sep 2015

Does Public Employment Reduce Unemployment?, Alberto Behar, Junghwan Mok

Topics in Middle Eastern and North African Economies

We quantify the extent to which public-sector employment crowds out privatesector employment using specially assembled datasets for a large cross-section of developing and advanced countries, and discuss the implications for countries in the Middle East, North Africa, Caucasus and Central Asia. These countries simultaneously display high unemployment rates, low private-sector employment rates and high proportions of government-sector employment. Regressions of unemployment rates on public-sector employment point to full crowding out. This means that high rates of public employment, which incur substantial fiscal costs, do not reduce overall unemployment rates.


Self-Employment And Unemployment In Turkey, Yasemin Ozerkek, Fatma Dogruel May 2015

Self-Employment And Unemployment In Turkey, Yasemin Ozerkek, Fatma Dogruel

Topics in Middle Eastern and North African Economies

The relationship between the rates of self-employment and unemployment has been extensively studied in the literature. The results of the existing studies are varied. The aim of this paper is to investigate the dynamic relationship between these variables in Turkey. The results indicate that there is a long-run relationship between the rates of self-employment and unemployment. Changes in self-employment rates have a negative effect on subsequent unemployment rates. There is evidence for the existence of causality running from self-employment rate to unemployment rate. The results reveal the existence of an entrepreneurial effect. However, it is not possible to assess the …


Young Workers Left Behind: Hiring And The Great Recession, Eliza C. Forsythe Jan 2015

Young Workers Left Behind: Hiring And The Great Recession, Eliza C. Forsythe

Employment Research Newsletter

No abstract provided.


The Minimum Wage And Teen Unemployment: A Study Of The Effect Of The Fair Minimum Wage Act Of 2007, Alexander Pino Jan 2014

The Minimum Wage And Teen Unemployment: A Study Of The Effect Of The Fair Minimum Wage Act Of 2007, Alexander Pino

Pepperdine Policy Review

The Fair Minimum Wage Act of 2007 increased the national minimum wage from $5.15 per hour to $7.25 per hour. We attempt to evaluate the impact of this statute on low-skill labor. We do so by analyzing the effect of the law on the teen unemployment rate in the five states with no state minimum wages (Alabama, Louisiana, Mississippi, South Carolina, and Tennessee). Using the adult unemployment rate as a control in a difference-in-differences analysis we find that the 2007 minimum wage increase had a negative effect on teen employment in these states.


Responding To The Needs Of Workers During The Great Recession, Randall W. Eberts, Stephen A. Wandner Apr 2013

Responding To The Needs Of Workers During The Great Recession, Randall W. Eberts, Stephen A. Wandner

Employment Research Newsletter

No abstract provided.


Social And Economic Factors Leading To Differences In Us State Unemployment, Taylor Neighbours Jan 2012

Social And Economic Factors Leading To Differences In Us State Unemployment, Taylor Neighbours

Empirical Economic Bulletin, An Undergraduate Journal

This paper dives into the socio-economic factors that lead to differences in U.S. State unemployment rates. The study will look at and evaluate prior economic literature, including regression analysis, comparative statistics, and raw data from the BLS and Census Bureau. Further, it will take select parts from past models to create and analyze an economic regression model. The data to be found below is a cross-sectional interpretation of each of the 50 states for the years 2000 & 2010. The root causes for fluctuations in unemployment can help economists better understand how to monitor and manage unemployment levels on a …


G-20 Summit And Debt Crisis Of Europe, Badar Alam Iqbal Jan 2012

G-20 Summit And Debt Crisis Of Europe, Badar Alam Iqbal

Business Review

Europe is under debt threat, facing the biggest crisis of uncertainty. If Euro fails, Europe fails. Since the Second World War, this is the hardest hour for Europe. One of the biggest limitations of global integration of EU is that small and weak countries could not fall in line with strong economies. This crisis is the example in this regard. The recent summit at Cannes has failed in giving concrete solution to the debt crisis especially in case of Greece, Italy, Portugal, Ireland and Spain. The crisis in Greece and ltaly cost the resignations of two popular Prime Ministers. The …


When Will The Labor Market Recover?, Randall W. Eberts Apr 2011

When Will The Labor Market Recover?, Randall W. Eberts

Employment Research Newsletter

No abstract provided.


A Proposal For Early Impact, Persistent, And Cost-Effective Job Creation Policies, Timothy J. Bartik Jan 2010

A Proposal For Early Impact, Persistent, And Cost-Effective Job Creation Policies, Timothy J. Bartik

Employment Research Newsletter

No abstract provided.


What Are Jobs Worth?, Joseph Persky, Daniel Felsenstein, Virginia Carlson Jul 2004

What Are Jobs Worth?, Joseph Persky, Daniel Felsenstein, Virginia Carlson

Employment Research Newsletter

No abstract provided.


Restructuring The Educational System As A Long-Term Solution To The Unemployment Problem In Nigeria., Abraham B. Borishade Dec 2001

Restructuring The Educational System As A Long-Term Solution To The Unemployment Problem In Nigeria., Abraham B. Borishade

Bullion

The educational process, formal or informal consciously created, represents an essential investment necessary for industrialization; such education must be planned to fit the needs of a changing society so that as the Urban complex grows and demands expand. Education is the key with which to unlock the economic potential of the people. In contemporary developing countries, there is an incongruous relationship between education and their economies. This is reflected in the rising pool of the phenomenon of educated unemployed more than ever before. This paper examines the increasing problem associated with unemployment in Nigeria. The author conclude that It is …


Evaluation Of Past Policy Measures For Solving Unemployment Problems., Nicholas A. Damachi Dec 2001

Evaluation Of Past Policy Measures For Solving Unemployment Problems., Nicholas A. Damachi

Bullion

The issue of persistent unemployment and overall manpower planning and utilization poses a great challenge to policy planners, human resources experts, and persons dealing with employment programmed planning and implementation. This paper undertakes a review and evaluation of the past policy measures that have been adopted to solve unemployment problems in the county. There is strong need for institutional collaboration and improved coordination of policy measures for dealing with unemployment. This paper has examined Past policy measures for solving unemployment problems. There is strong need for institutional collaboration and improved coordination of policy measures for dealing with unemployment. While there …