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In order to have an impact on the labor market, welfare states must implement active labor market policies (ALMPs). The effectiveness of ALMPs has only been the subject of a few numbers of studies, the majority of which only take into account the short-term effects of ALMPs and use aggregate data. We examine the impact of public spending on female and male unemployment rates by disaggregating data on unemployment for nine OECD countries and focusing on long-term effects of ALMPs, primarily to determine whether there is evidence of causation between the variables. Based on the bootstrap panel Granger causality test, the estimates account for cross-sectional dependence, slope heterogeneity, and structural breaks. Although the causality direction varies by country, our study demonstrates that ALMPs are helpful at lowering unemployment. It's interesting to notice that these policies appear to have the most positive effects for women. Policymakers must provide appropriate support for ALMPs in order to effectively lower unemployment.
This book is about the Anatomy of Neoliberalism and Education from a Marxist perspective. It is the dialectical materialism of neoliberal ideas, examining the material conditions of how these ideas and practices emerged, and under what conditions. Each of these elements is related to the other and can only be properly understood as part and parcel of the whole system of capitalism, which links them together. This book investigates neoliberalism's political, cultural, and financial tools. It goes deep in the forces who have supported neoliberalism and how it became "common sense". It explores the imperialist outcomes and the social devastation it created. It then goes to see how these ideas and policies have been implemented in education. In short, it is the materialist conception of the history of the American empire. It then uses the analytic tools developed through this investigation to re-read the neoliberal educational reforms.
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This thought-provoking Research Agenda examines various themes within economic studies that have become active areas of commentary for economists of the Austrian School. Contributors establish their own distinctive interpretations of how an Austrian Research Agenda should appear, displaying plainly that there is no set dogma within Austrian economics.
This book is a collection of high-impact papers accepted and presented at the 2019 Vietnam’s Business and Economics Research Conference (VBER2019) organised by Ho Chi Minh City Open University held on 18th–20th July 2019. The Special Issue is associated with a broad coverage of the contemporary issues in Business and Economics in Vietnam and other emerging markets reflecting a key theme of VBER2019: Vietnam’s Place in the Asia Pacific Region. A total of 14 papers were published from more than the 120 submissions to the VBER2019 Conference. Published papers had been undergone a rigorous reviewing process conducted by the Journal of Risk and Financial Management. The papers incorporated ...
Energy sources have always been an essential part of world economies. Availability of energy resources has a vital role for a country’s economic growth and financial development. Contrary to fossil fuels, many countries have the potential to power their economies by renewable energy sources. This study aims to investigate the effects of different energy resources on the financial development of countries. In particular, the paper analyzes the impact of renewable, non-renewable, and nuclear energy resources on the financial development of 28 countries with nuclear energy reactors for 2001-2019. Empirical results show that natural gas and renewable energy resources have a positive and significant impact on financial development of a country.