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1 - 10 van 76 voor demand shock
Presentatie over arbeidsmarktbeleid, werkloosheid en economische activiteit in Nederland |...
... economy has become more exible with smaller output losses and faster recoveries after demand shocks. the flip side of the greater flexibility is increased unemployment volatility. ... demand shock, the speed at which the recovery in output takes place and the increased volatility of unemployment in the face of demand shocks. importantly, it appears that employment recovers faster after a demand shock ...
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presentation-fitzenberger.pdf
... j comprising education and age wage in base year ln(wj0) as proxy for relative demand shock faced by cell j in subsequent years (card et al., 1999) calculate cumulated relative employment ...
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Microsoft Word - discussion57
... labour demand shock. in this region, wages will go down, unemployment will rise, and labour will migrate to the other region. durability of housing in the region that experienced the adverse shock implies that supply does not adjust to decreased demand, and house prices go down. moreover, as supply of housing in ...
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Microsoft Word - discussion65.doc
... likely to be hampered if the housing stock does not adjust to demand. hence, the extent to which a labour demand shock translates into regional employment growth depends, at least partially, on housing ... intensive industries after a positive labour supply shock, so jobs follow people without any fall in wages. 14 the wage elasticity of regional labour demand is probably larger than minus infinity, as ...
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macroeconomic resilience dsge model pdf
... similar shock in a foreign country may well look more like a demand shock ... shock. these are a money shock and two technology shocks. there is quite some history in macroeconomics of using money shocks as a proxy for general aggregate demand ... shock to monetary policy is realised, which determines the level of demand. finally firms choose quantities of capital and labour to satisfy the level of demand ...
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memo104.pdf
... by a demand shock the analysis above is based on a supply shock with oil-exporting countries restricting the supply. the impact is very different in case of a demand shock. for instance, a significant upward shift in the productivity trend of oil-importing countries that permanently raises global growth by of a percentage point causes a substantial rise in oil demand ...
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cpb discussion paper 193 potential small model 0 pdf
... , the responses to the demand' shock are statistically different from zero. after a negative demand' shock unemployment rises and gdp falls. the estimates presented here suggest that a demand' shock that had a peak ... that would lower long-run gdp, lower unemployment in the short-run. again, the demand' shock responses are also comparable a 1% peak increase in gdp would raise unemployment by ...
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How Large was the Credit Crunch in the OECD?
... shock--or due to firms asking for less financing, because the unfolding crisis meant lower expectations for future growth--a credit demand shock. whether there really was a credit sup- ply shock and, if so, whether it hindered economic growth, are our primary research questions. a credit supply shock increases the ...
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dp215-fossil-fuel-supply.pdf
... need to analyse the response of the system of fuel supply and demand to a demand shock b r 1 -1 r r) p-1 y 1- - y ... quantities when 1. if the demand shock b (which at a buyer's price stabilised by construction comes down to a quantity shock) is larger than the ... is fuel demand, with elasticity d d log f(py ) d log py 0 the reactions of the endogenous variables, y and py , to a demand shock b ...
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Microsoft Word - paper_flex_kramarz.doc
... strict against dismissals of such individuals. several past statements of judgments also show that judges demand more stringent evidence when a firm has had large positive profits in the years ... estimating the relations between case outcomes and labor market characteristics. for instance, an adverse shock on the labor market conditions can affect case outcomes. first, according to the legislator, ...
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