interact and affect the evolution of unemployment rates and participation rates, the two main indicators of labour market … performance. Our analysis has two special features. First, apart from the two labour market states - employment and unemployment … that a shock to the net flow from unemployment to employment drive the unemployment rate and the participation rate in …

This paper studies the relationship between the change in the unemployment rate and output growth using an approach … recessions. The framework also highlights the potential misspecification in conventional models of Okun's Law unless stringent …

Our paper revisits Okun's relationship between observed unemployment rates and output gaps. We include in the … unemployment rate) over time. The Okun coefficient is not only different for young, prime-age and older workers, it decreases with … reducing the overall unemployment rate, it will also have the distributional effect of lowering youth unemployment. …

Swiss policy makers created a unique link between unemployment benefits and Active Labor Market Programs (ALMPs) by … making benefit payments conditional on program attendance after 7 months of unemployment duration. We evaluate the effect of … Active Labor Market Programs and benefit entitlement on the duration of unemployment in Switzerland. In the evaluation we …

leading indicators for predicting recessions. We estimate the BRT approach on German data and study the relative importance of …