美国失业率的决定因素assignment
论文作者:英语论文论文属性:作业 Assignment登出时间:2014-09-23编辑:yangcheng点击率:13017
论文字数:7012论文编号:org201409221239519241语种:英语 English地区:马来西亚价格:免费论文
关键词:美国失业率United States决定因素unemployment宏观经济绩效
摘要:本文是一篇研究美国失业率的决定因素的留学生论文,失业率是最重要的宏观经济绩效的指标。失业率的出现是由于非竞争性工资差别造成的不正常的劳动力供应。从1945年至少到1968年的这段时期,欧洲主要的经济体的失业率比今天的标准低很多。
美国失业率的决定因素
失业率是最重要的宏观经济绩效的指标。失业率的出现是由于非竞争性工资差别造成的不正常的劳动力供应。从1945年至少到1968年的这段时期,欧洲主要的经济体的失业率比今天的标准低很多。例如在英国,整个时期的平均失业率为劳动力的1.8%,并且最差的年份也没有超过2.5%。主要的驱动力是自主性,而不是相关的政策。这些驱动力包括一波又一波的新产品和新工艺, 贸易和发展传播到世界各地。然而与美国相比,欧洲失业问题的原因是他们的劳动力市场制度,而美国是由于他们的劳动力市场的灵活性而更优越。
在本文中,将美国的失业率的决定因素对经济增长的担忧作为主要关注的问题。一个国家的经济增长是指随着时间的发展,这个国家的有效产出。一般来说,经济增长和失业率密切相关,因为失业率会影响增长率,贯穿整个所运营的经济规模。
Determinants of unemployment rate in the United States
The rate of unemployment is one of the most important indicators of macroeconomic performance. Unemployment arises due to the distortions in the supply of labor cause by the non-competitive wage differential. During the period from 1945 until at least 1968, unemployment rates in the major European economies were extremely low by today’s standards. For instance in the United Kingdom, the average rate of unemployment for the entire period was about 1.8% of the labor force and in worst years it did not even exceed 2.5%. The main driving force was autonomous rather than policy related. These forces include waves of new products and processes, spread of trade and development around the world. However the cause of unemployment problem in Europe in comparison to the United States was their labor market institutions while the United States is far more superior due to the flexibility of their labor market.
In this paper, determinants of unemployment in US are the concerns with economic growth as the main concern. Economic growth of a nation is the increase in a nation’s real output that occurs over time. In general, growth and unemployment are closely related as unemployment affects the growth rate through the scale of operation of an economy. Besides that, FDI inflow and inflation are taken into account altogether to identify the relationship towards the unemployment rate.
1.1 Background
As unemployment is one of the most important economic indicators, the unemployment rate provides useful information such as how the labor market works as well as the percentage of human capital that is not used in the production process, which is especially crucial towards policy makers. Consequently, it is important to analyze the factors that impact the unemployment rate regardless short or long term perspective.
The United States of America is a developed country which has one of the largest population and production in the world (Encyclopedia, 2010). As unemployment are explained by structural factors mainly by inflexible labor market. One may wonder the about the impact which economic growth, inflation and FDI have on the unemployment rate of the United States of America as the clutches of unemployment are hard to escape even for a develop country, especially for US which possesses by far the most flexible labor market. As a case study, the United States of America has been chosen as the research country. United States of America is reckoned to be particularly appropriate as United States of America labor market has proven by all accounts to be more dynamic in the sense of a higher level of job turnover, resulting in high vacancy levels at any point in time. Recently, unemployment rate in the United States of America has been found to be as high as 9.6% as of August 2010 compared to the 4.1% ten years ago (Bureau of Labor
statistics, 2010). In the mean time the real GDP growth in 200
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