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Author: Pasi Holm
Publisher:
ISBN:
Category : Structural unemployment
Languages : en
Pages : 30
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Book Description
Taux de chômage non accélérateur du taux de salaire. Taux de chômage non accélérateur d'inflation.
Author: Pasi Holm
Publisher:
ISBN:
Category : Structural unemployment
Languages : en
Pages : 30
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Book Description
Taux de chômage non accélérateur du taux de salaire. Taux de chômage non accélérateur d'inflation.
Author: William Gbohoui
Publisher: International Monetary Fund
ISBN: 1513519999
Category : Business & Economics
Languages : en
Pages : 42
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Book Description
This paper combines both micro and macro approaches to identify the drivers of (un)employment and inactivity in Luxembourg. The young, low-skilled, and non-EU migrants are found to be the most vulnerable groups in the labor market. In addition to skills mismatches, work disincentives embedded in the tax-benefit system constitute a factor explaining structural unemployment. High unemployment of young and low-skilled workers reflects substantial unemployment traps, while disincentives for second earners (respectively the generosity of the pension system) contribute to lower labor market participation of women (respectively seniors). Further reduction of structural unemployment requires better integration of vulnerable groups into the labor market and improved targeting of benefits to make work more rewarding.
Author: Jari Ojala
Publisher: Suomalaisen Kirjallisuuden Seura
ISBN: 9789517468183
Category : Finland
Languages : en
Pages : 343
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Book Description
The Finnish economy is a victory over hardship, a success story with few equivalents. During the period 1860-2000 the gross domestic product grew 21-fold, while EU nations on average achieved 11-fold growth. Today, Finland is known for its competitiveness, high educational standards, negligible corruption, expertise in creating and using high technology, and successful companies, most notably Nokia. This book tells how Finland astonishingly evolved from an internationally insignificant agrarian economy to the affluent, knowledge-based, welfare society that it is now. The Road to Prosperity: An Economic History of Finland offers an overview of several centuries of economic progress -- with a keen eye on negative effects of growth. The articles in this beautifully illustrated work contain long-term analyses of business, foreign trade, agriculture, and employment. In addition, there is coverage of the development of banking, the public sector, income distribution, the advance of the information society, and welfare. And the Finnish story is woven seamlessly into the tapestry of international economics. The contributors are prominent scholars of Finnish economic history and economics; the foreword being a product of distinguished American economic historian Joel Mokyr, winner of the Heineken Prize for History 2006.
Author: Lars Jonung
Publisher: Edward Elgar Publishing
ISBN: 1849802130
Category : Business & Economics
Languages : en
Pages : 351
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Book Description
The Nordic financial crisis had it all: a botched liberalization, a huge boom followed by an even bigger bust, massive taxpayer-financed bailouts and, finally, deep long-run gains. The first-class team of scholars mobilized in this book convincingly tell a story that should be carefully studied by economists, bankers and policymakers. After this book, no one should be able to say: If we only knew ! Charles Wyplosz, Graduate Institute of International Studies, Geneva, Switzerland The financial crisis in Scandinavia in the early 1990s was a forerunner of the later world-wide crisis in 2007/8. Although the initial causation was different, the impact on their banks, though more localised, was just as severe. So we can benefit, and already policymakers have done so, from learning the lessons in this book on how to restore shattered banking systems to health. For this we owe a debt of gratitude to the editors, who have put together a series of key papers that emerged from a much larger exercise on the crisis that was earlier reported in four volumes in Swedish and Finnish. Amongst the many studies on current and past financial crises, this is a classic must-read . Charles A.E. Goodhart, London School of Economics, UK The Nordic experience with financial crisis resolution could not be more timely. Everyone cites it as an example of how it should be done , but rarely does one find careful and detailed analysis. Now policymakers and others searching for guidance will know where to look. Barry Eichengreen, University of California, Berkeley, US Following World War II, Nordic countries were commonly regarded as successful and stable economies. This perception was, however, shattered in the early 1990s when Finland and Sweden encountered severe financial crises. Here, the authors explore the symptoms of financial crisis decreasing real income, soaring unemployment and exploding public deficits and their devastating effects. The book compares and contrasts the experiences of Finland and Sweden, then adopts an international perspective, encompassing the experiences of Asia, Latin America, Denmark and Norway. Lessons from the 1990s crisis are drawn, and possible solutions prescribed. The conclusion is that long-term effects of financial crises financial liberalization and integration are not as dramatic as the short-term effects, but may prove to be of greater importance over time. Only the future will show whether these long-term benefits will balance or even outweigh the enormous short-term costs of the crises. Highly relevant to the current international financial crisis currently afflicting the world economy, this timely book will prove invaluable to economists and other social scientists with a general interest in financial crises, and to those with a more specific interest in the evolution and models of Scandinavian economies.
Author: Mr.Jeffrey R. Franks
Publisher: International Monetary Fund
ISBN: 1451852576
Category : Business & Economics
Languages : en
Pages : 42
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Book Description
Spain has the most serious and persistent unemployment problem in Europe, with an unemployment rate that reached 24.6 percent in early 1994. This paper explores the characteristics of this unemployment problem, its causes, and provides a brief discussion of recent labor market reform measures and their likely Impact. A demographic shift in recent years has produced a large rise in female labor force participation and a decrease in agricultural jobs to which the economy has been unable to adjust. The effects of generous unemployment benefits and the large underground economy may explain 6–12 percentage points of the resulting unemployment, but the remainder must be explained by failures and rigidities in the labor market. The paper presents econometric evidence that unemployment displays hysteresis, and that wages are not responsive to changes in the unemployment rate. This evidence supports the claim that insider-outsider factors and rigidities in the legal structure of the labor market are responsible for much of the high unemployment rate. Recent reforms have improved the functioning of the labor market, but they are unlikely to be sufficient to reduce unemployment to single digit rates without further action.
Author: Markku Temmes
Publisher:
ISBN:
Category : Labor laws and legislation
Languages : en
Pages : 90
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Book Description
Author: Edward C. Budd
Publisher: W. W. Norton
ISBN: 9780393096903
Category : Business & Economics
Languages : en
Pages : 484
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Book Description
Author: OECD
Publisher: OECD Publishing
ISBN: 9264006605
Category :
Languages : en
Pages : 201
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Book Description
In this 2004 review of the Finnish economy, OECD finds that Finland’s recent strong performance is threatened by population ageing and falling productivity and prices in the ICT sector. This edition’s special feature suggests fiscal measures to counter budgetary pressures of the ageing population.
Author: International Monetary Fund. European Dept.
Publisher: International Monetary Fund
ISBN: 1513517163
Category : Business & Economics
Languages : en
Pages : 52
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Book Description
This Selected Issues paper analyzes structural shocks, productivity, and growth in Finland. Finland has gone from being a top-performing advanced economy to a growth laggard since 2007. The rapid decline of the (previously) high productivity information and communications technology sector in recent years has weighed on overall growth and productivity. An analysis of industry-level data indicates that shifts in the sectoral distribution of labor and capital toward lower productivity sectors are also contributing to slower aggregate productivity growth. Firm-level analysis suggests that the aggregate total factor productivity impact of reallocating resources within sectors is limited, although there is more scope to reallocate resources between sectors.
Author:
Publisher: DIANE Publishing
ISBN: 1428923225
Category : Employees
Languages : en
Pages : 425
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Book Description
