evidence is only starting to catch up. In particular, EPL is not robust as an indicator of overall unemployment, but previous …

decomposes regional differences in employment, economic inactivity and unemployment into components due to either structural or …Regional unemployment rates in Great Britain have narrowed dramatically in recent years. However, significant … differences still remain in terms of both employment and economic inactivity rates, which may now better reflect relative labour …

cyclical job loss and unemployment fell disproportionately on young and unskilled workers. The paper identifies, by age, gender …

We reconsider the central role of the natural rate of unemployment (NRU) in forming policy decisions. We show that the … unemployment rate does not gravitate towards the NRU due to frictional growth, a phenomenon that encapsulates the interplay between … empirical analysis and find that the NRU explains only 33% of the unemployment variation, while frictional growth accounts for …

Using an analog of the boundary element method in engineering and science, we analyze and model unemployment rate in … force. Originally, the model linking unemployment to inflation and labor force was developed and successfully tested for …. Nevertheless, the model explains between ~65% and ~95% of the variability in unemployment and inflation. For Italy, the rate of …

Rising wage inequality in the U.S. and Britain (especially in the 1980s) and rising continental European unemployment … large data sets from the U.S., Britain, and western Germany to test the Krugman hypothesis for the 1990s, when unemployment …