Showing 1 - 10 of 62,702
Persistent link: https://www.econbiz.de/10011342117
unemployment that is in line with other emerging markets and regional peers. We also find that the relationship has been somewhat … components of GDP may cause different unemployment reactions, an important issue that has not been sufficiently addressed in the …
Persistent link: https://www.econbiz.de/10011965249
unemployment that is in line with this empirical regularity and the findings for the other emerging markets and regional peers. We … European debt crisis. When investigating whether various expenditure components of GDP may cause different unemployment … improve forecasting of unemployment. …
Persistent link: https://www.econbiz.de/10011981843
Using the Reserve Bank of Australia's MARTIN model we compare actual monetary policy decisions to a counterfactual in which the cash rate is set according to an optimal simple rule. We find that monetary policy played a crucial role in avoiding a potential recession in 2001 and mitigating the...
Persistent link: https://www.econbiz.de/10013380620
Using the Reserve Bank of Australia's MARTIN model we compare actual monetary policy decisions to a counterfactual in which the cash rate is set according to an optimal simple rule. We find that monetary policy played a crucial role in avoiding a potential recession in 2001 and mitigating the...
Persistent link: https://www.econbiz.de/10013373260
Persistent link: https://www.econbiz.de/10013259543
Okun's law is formulated as the ratio between GDP and unemployment (UE): β = f(GDP/UE). It is used to investigate the …
Persistent link: https://www.econbiz.de/10013498938
variables such as gross domestic product, unemployment rate and inflation rate. The eight linear regression models are developed …
Persistent link: https://www.econbiz.de/10012174949
a multivariate trend-cycle decomposition. Although the unemployment rate clearly contains important cyclical information … about the output gap. Instead, we show that the alternative U-2 unemployment rate (job losers as a percentage of the labor …
Persistent link: https://www.econbiz.de/10013465476
An increase in the household debt to GDP ratio predicts lower GDP growth and higher unemployment in the medium run for …
Persistent link: https://www.econbiz.de/10012971099