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Full-Text Articles in Social and Behavioral Sciences
The Incidence And Cost Of Job Loss In The Ukrainian Labor Market, Hartmut Lehmann, Norberto Pignatti, Jonathan Wadsworth
The Incidence And Cost Of Job Loss In The Ukrainian Labor Market, Hartmut Lehmann, Norberto Pignatti, Jonathan Wadsworth
Upjohn Institute Working Papers
We examine the effects of economic transition on the pattern and costs of worker displacement in Ukraine, using the Ukrainian Longitudinal Monitoring Survey (ULMS) for the years 1992 to 2002. Displacement rates in the Ukrainian labor market average between 3.4 and 4.8 percent of employment, roughly in line with levels typically observed in several Western economies, but considerably larger than in Russia. The characteristics of displaced workers are similar to those displaced in the West, in so far as displacement is concentrated on the less skilled. Around one third of displaced workers find re-employment immediately while the majority continues into …
The Impact Of Trade Liberalization On Growth, Unemployment, And Poverty In Bangladesh, Maha Z. Mirza
The Impact Of Trade Liberalization On Growth, Unemployment, And Poverty In Bangladesh, Maha Z. Mirza
Graduate Program in International Studies Theses & Dissertations
Trade liberalization has been one of the major policy components of the governments of the developing countries in the recent decades. Bangladesh as many other developing nations, has adopted different measures of trade reform policies as an element of International Monetary Fund's (IMF) Structural Adjustment Program (SAP), as well as to be an integral part of the world wide trend of globalization. Such policy measures include the reduction/rationalization of tariff rate, simplification of import and export trade procedures, relaxation of restrictive trade policies, and reform of financial and monetary policies. Even though, the trade reform measures were anticipated to increase …
2005-02 Keynes And The Birth Of Modern Macroeconomics, David Laidler
2005-02 Keynes And The Birth Of Modern Macroeconomics, David Laidler
Economic Policy Research Institute. EPRI Working Papers
No abstract provided.
A Reappraisal Of The Inflation-Unemployment Tradeoff, Marika Karanassou, Hector Sala, Dennis Snower
A Reappraisal Of The Inflation-Unemployment Tradeoff, Marika Karanassou, Hector Sala, Dennis Snower
Dennis Snower
This paper offers a reappraisal of the inflation-unemployment tradeoff, based on "frictional growth", describing the interplay between nominal frictions and money growth. Whe the money supply growth in the presence of price inertia (due to staggered wage contracts with time discounting), the price adjustments to each successive change in the money supply are never able to work themselves out fully. In this context, temporary nominal rigidities let monetary policy have permanent real effects. Although our theory contains no money illusion, no permanent nominal rigidities, and no departure from rational expectations, there is a long-run inflation-unemployment tradeoff. Our empirical analysis suggests …
Asynchronous Risk: Unemployment, Equity Markets, And Retirement Savings, Jason S. Seligman, Jeffrey Brian Wenger
Asynchronous Risk: Unemployment, Equity Markets, And Retirement Savings, Jason S. Seligman, Jeffrey Brian Wenger
Upjohn Institute Working Papers
The link between unemployment and pension accumulations is conceptually straightforward; periods of unemployment lead to lower pension contributions, and thus to lower accumulations. However, impacts on accumulation may differ as a result of the timing and frequency of unemployment spells. We hypothesize that unemployment is more likely during periods in which the equities market experiences greater than average returns, largely due to a lead/lag structure of the stock and labor markets, respectively. This would imply that workers may systematically miss opportunities to purchase equities through DC plans when prices are relatively low. To test this hypothesis, we match historic stock …
Future Job Prospects In Singapore, Hian Teck Hoon
Future Job Prospects In Singapore, Hian Teck Hoon
Research Collection School Of Economics
No abstract provided.