Recently, economists and policymakers alike have been paying more and more attention to subjective wellbeing (Graham 2010).
Unemployment and happiness: A new take on an old problem
Andreas Knabe, Ronnie Schöb, Joachim Weimann, 17 November 2010
Animal Spirits, Persistent Unemployment and the Belief Function
Roger E. A. Farmer , 8 November 2010
The role of openness and labour market institutions for employment dynamics during economic crises
Elisa Gamberoni, Erik von Uexkull, Sebastian Weber, 29 September 2010
As a result of the global crisis and the related domestic and debt crises, global employment growth, according to the ILO’s Global Employment Trend (Jan 2010), slowed down to 0.7% in 2009 from 1.9% in 2007 and 1.4% in 2008. According to the ILO study, the slowdown occurred across all regions of the world except for the Middle East.
Trends in environmental concern as revealed by Google searches: The chilling effect of recession
Matthew E. Kahn, Matthew J. Kotchen, 21 August 2010
Google Insights is a publically available online tool for tracking aggregate Google search activity over time for specific geographic areas. Recent research shows that Google search terms are a powerful tool to predict public health epidemics (Pelat et al.
Welfare to work: Sticks rather than carrots
Jan van Ours, Bas van der Klaauw, 19 August 2010
Given difficult circumstances, governments are considering various policy instruments to increase the “reemployment” rate of unemployed workers. This is no easy task – traditional active labour market policies are often not very successful.
Challenges in the coming phase of globalisation: A sense of déjà vu
Otaviano Canuto, José Manuel Salazar, 28 June 2010
The global crisis has hit workers hard. The ILO (2010) estimates that unemployment increased by more than 30 million in 2009 to 212 million jobless. While openness can contribute to growth and helps to buffer domestic shocks, it also increases exposure to external shocks.
Can China save the world by consuming more?
Hans Genberg, Wenlang Zhang, 25 April 2010
“China is making all of us poorer” writes Paul Krugman in his blog at the New York Times (Krugman 2010). He is referring to the current account surplus of the Chinese economy draining aggregate demand from the rest of the world and leading to lower employment and income.
Farewell to the natural rate: Why unemployment persists
Roger E. A. Farmer , 6 January 2010
Is the new-Keynesian approach (Clarida, Galí, and Gertler 2000) right? Here I suggest that US data on inflation, unemployment, and vacancies is best viewed through the lens of old-Keynesian theory.
The predictive power of Google data: New evidence on US unemployment
Francesco D'Amuri, Juri Marcucci, 16 December 2009
Using Google trends is a trend in itself. In a recently published article, Ginsberg et al (2009) develop a simple model forecasting physician visits due to influenza-like illness using only the related query fraction on total queries as recorded by the Google search engine data, available weekly with a short delay.
Offshoring and home employment
Sascha O Becker, Karolina Ekholm, Marc Muendler, 9 November 2009
The phenomenon of offshoring has currently moved to the sidelines of public debate – eclipsed by the financial crisis and deep global recession - but may very well soon return to the policy agenda (Blinder 2009).
- Secular stagnation: Facts, causes, and cures – a new Vox eBookTeulings, Baldwin
- Can large primary surpluses solve Europe’s debt problem?Eichengreen, Panizza
- The unrecognised benefits of grade inflationBoleslavsky, Cotton
- The US manufacturing base is surprisingly strongMoran, Oldenski
- Long-term damage of the US court’s Argentinian debt rulingFrankel
- A tale of two depressions: What do the new data tell us? February 2010 updateEichengreen, O’Rourke
- Educated in America: College graduates and high school dropoutsHeckman, LaFontaine
- Eurozone breakup would trigger the mother of all financial crisesEichengreen
- Panic-driven austerity in the Eurozone and its implicationsDe Grauwe, Ji
- Debt, deleveraging, and the liquidity trap: A new modelKrugman