Why is Canada's unemployment rate so high?: A labour market and technology explanation ofthe divergence of unemployment rates in Canada and the United Stat... HG Grubel,J Bonnici 被引量: 1发表: 1986年 Why is Canada's unemployment rate so high? : a labour market and technology explanation...
WHY IS UNEMPLOYMENT SO HIGH IN EUROPE ? t Beyond the Natural Rate HypothesisBlanchard, Olivier JSummers, Lawrence HBlanchard, Oliver Jean, y Lawrence H. Summers, "Beyond the natural rate hypothesis", American Economic review, 78, June 1988, pp. 182-187....
In 2007 and 2008, the U.S. unemployment rate was only 4.6 percent, though it started to rise after the financial crisis hit in September 2008, reaching 10.1 percent in October 2009. Since then it has fallen to 8.1 percent. The unemployment figure is not terribly illuminating, as it defines...
The analysis also points out another key truism, which is that unemployment is linked to your level of educational attainment. Even in eras of relatively low unemployment, the higher the level of education achieved, the lower the unemployment rate is for that group. In other words, people with...
And of course this fall in velocity is just another way of thinking about the fall in the natural rate of interest that I discussed earlier. So they understand that a housing collapse can reduce interest rates, velocity, and hence NGDP. So again, why do they reach such different conclusions...
It is not enough for a basic income to be harmless. Bureaucracy-busting arguments aside, it must also reducepoverty and inequality. Brazil's Bolsa Família program has been encouraging in this regard. Beginning in 2004, the program made modest cash grants to low-income families. The country's...
Stagflation is the combination of slow economic growth, high unemployment, and a high rate of inflation.
Filing your tax return too early or too late can lead to delays due to IRS system updates or high processing volumes. How long does it take to receive a tax refund? When you're expecting a tax refund, the last thing you want to do is wait for it to show up. Fortunately, th...
A holistic understanding of the federal funds rate involves knowing the Federal Reserve's dual mandate. Its monetary policy is geared toward two things. The first is maintaining maximum employment, also known as full employment. The Federal Reserve doesn't aim to zero out unemployment. The objecti...
Even though the U.S. budget deficit has been rising, the risk of the U.S. defaulting on its debt practically remains nil (unless a political decision to do so is made). Effectively, the U.S. may not need China to continuously purchase its debt; rather China needs the U.S. more, ...