law with a focus on the dynamic part of the relationship. We find that the negative relationship between unemployment and … misspecification of the short run unemployment-output relationship. A mixed lag structure indirectly controls for missing explanatory …

labor market and skill obsolescence from long-term unemployment. The model can account for key features of the Great … aggregate demand raises unemployment and the training costs associated with skill obsolescence. Lower employment hinders …

labor market and skill obsolescence from long-term unemployment. The model can account for key features of the Great … aggregate demand raises unemployment and the training costs associated with skill obsolescence. Lower employment hinders …

Okun's law is formulated as the ratio between GDP and unemployment (UE): β = f(GDP/UE). It is used to investigate the …

The impact of economic fluctuations on the total unemployment rate is widely studied, however, with respect to age- and … gender-specific unemployment, this relationship is not so well examined. We apply the gap version of Okun’s law, aiming to … estimate youth unemployment rate sensitivity to output deviations from its potential level. Additionally, we aim to compare …