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Pozvánka na empirický seminár

For employees
15.10. 2024

Vážené kolegyne, Vážení kolegovia,

Pozývame Vás na ďalší seminár o empirickej ekonómii, ktorý sa uskutoční v knižnici Ústavu ekonomického výskumu Slovenskej akadémie vied (EÚ SAV) dňa 28. októbra 2024 (pondelok) od 10:00 do 11:30 hod.

Tentokrát pozvanie prijala Olga Popova (Leibniz Institute for East and Southeast European Studies (IOS), Germany), ktorá prednesie prezentáciu s názvom: “ The Societal Costs of Inflation and Unemployment”.

Abstrakt: What are the broad societal implications of inflation and unemployment? Analysing a dataset of over 1.9 million individuals from 156 countries via the Gallup World Poll spanning 2005 to 2021, alongside macroeconomic data at the national level, we find that both inflation and unemployment have a negative link with confidence in financial institutions. While inflation is generally unassociated with confidence in government and leadership approval, unemployment still has a strong negative association with these outcomes. While we find no gender differences in the consequences of inflation and unemployment for confidence in political and financial institutions, the associations we document are more substantial for the cohorts that are likely to bear a disproportionate burden from inflation and unemployment–the middle-aged, lower-educated, and unmarried individuals, and for those living in rural areas. Uncertainty about the country's economic performance and one's own economic situation are the primary channels behind the associations we identify. These findings hold significant implications for policymakers, Central Banks, and public discourse, necessitating targeted strategies to alleviate the social consequences of inflation and unemployment.

Seminár bude prebiehať hybridnou formou. Pre záujemcov budú rečníčka a niekoľko diskutujúcich prítomní v knižnici EÚ SAV.

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