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Labour market --- Unemployment --- Econometric models --- Unemployment. --- Econometric models. --- AA / International- internationaal --- 332.630 --- 332.620 --- Strijd tegen de werkloosheid: algemeen. Theorie en beleid van de werkgelegenheid. Volledige werkgelegenheid. --- Werkloosheid: algemeenheden. Philipscurve. --- Chômage. Econométrie. --- Werkloosheid. Economie (Wiskundige). --- Joblessness --- Employment (Economic theory) --- Full employment policies --- Labor supply --- Manpower policy --- Underemployment --- Werkloosheid: algemeenheden. Philipscurve --- Strijd tegen de werkloosheid: algemeen. Theorie en beleid van de werkgelegenheid. Volledige werkgelegenheid --- Unemployment - Econometric models

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JEL Cl This study constructs a new data set on unemployment rates in Latin America and the Caribbean and then explores the determinants of unemployment. We compare different countries, finding that unemployment is influenced by the size of the rural population and that the effects of government regulations are generally weak. We also examine large, persistent increases in unemployment over time, finding that they are caused by contractions in aggregate demand. These demand contractions result from either disinflationary monetary policy or the defense of an exchange - rate peg in the face of capital flight. Our evidence supports hysteresis theories in which short - run changes in unemployment influence the natural rate.

Unemployment--Latin America--Econometric models. --- Unemployment--Econometric models. --- Caribbean Area. --- Exports and Imports --- Labor --- Taxation --- Employment --- Unemployment --- Wages --- Intergenerational Income Distribution --- Aggregate Human Capital --- Aggregate Labor Productivity --- Monetary Policy --- Open Economy Macroeconomics --- Mobility, Unemployment, and Vacancies: General --- Unemployment: Models, Duration, Incidence, and Job Search --- International Investment --- Long-term Capital Movements --- Personal Income and Other Nonbusiness Taxes and Subsidies --- Demand and Supply of Labor: General --- Labour --- income economics --- International economics --- Welfare & benefit systems --- Unemployment rate --- Capital outflows --- Social security contributions --- Labor markets --- Balance of payments --- Taxes --- Capital movements --- Social security --- Labor market --- Argentina --- Unemployment. --- Income economics

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Expectations, Employment and Prices brings Keynesian economics into the 21st century by providing a new paradigm that explains how high unemployment could potentially persist forever without a little help from the government. The book fills in logical gaps that were missing from Keynes' General Theory of Employment Interest and Money by reconciling some of its key ideas with modern economic theory. Central bankers throughout the world are talking now about developing a second instrument of monetary policy in addition to controlling the interest rate. This book directly addresses this issue and

Unemployment --- Capital market --- Equilibrium (Economics) --- Rational expectations (Economic theory) --- Econometric models --- Effect of monetary policy on --- AA / International- internationaal --- 330.3 --- 331.01 --- 331.062 --- 331.31 --- 332.620 --- 333.846.2 --- 333.846.4 --- Methode in staathuishoudkunde. Statische, dynamische economie. Modellen. Experimental economics. --- Evolutie van de economische cycli. --- Anticyclisch beleid. Rational expectations. --- Economisch beleid. --- Werkloosheid: algemeenheden. Philipscurve. --- Verband tussen de geld-, bank- en kredietpolitiek en de prijzen. --- Verband tussen de geld-, bank- en kredietpolitiek en de productie en werkgelegenheid. --- Capital market. --- Econometric models. --- Effect of monetary policy on. --- -Unemployment --- -Capital market --- -Equilibrium (Economics) --- -Rational expectations (Economic theory) --- -331.137 --- Expectations, Rational (Economic theory) --- Economic forecasting --- Time and economic reactions --- Uncertainty --- Disequilibrium (Economics) --- Economic equilibrium --- General equilibrium (Economics) --- Partial equilibrium (Economics) --- Economics --- Stagnation (Economics) --- Statics and dynamics (Social sciences) --- Capital markets --- Market, Capital --- Finance --- Financial institutions --- Loans --- Money market --- Securities --- Crowding out (Economics) --- Efficient market theory --- Joblessness --- Employment (Economic theory) --- Full employment policies --- Labor supply --- Manpower policy --- Right to labor --- Underemployment --- -Electronic information resources --- Electronic information resources --- E-books --- Equilibrium (Economics). --- Rational expectations (Economic theory). --- Monetary policy --- DGE (Economics) --- DSGE (Economics) --- Dynamic stochastic general equilibrium (Economics) --- SDGE (Economic theory) --- Methode in staathuishoudkunde. Statische, dynamische economie. Modellen. Experimental economics --- Evolutie van de economische cycli --- Anticyclisch beleid. Rational expectations --- Economisch beleid --- Werkloosheid: algemeenheden. Philipscurve --- Verband tussen de geld-, bank- en kredietpolitiek en de prijzen --- Verband tussen de geld-, bank- en kredietpolitiek en de productie en werkgelegenheid --- Unemployment - Econometric models --- Unemployment - Effect of monetary policy on