on the incidence of unemployment in different sex-age groups. The German population has aged substantially in recent … be expected to lead to fluctuations in age-specific unemployment rates. In general, this intuition is confirmed by the … estimations presented here. A strong positive relationship between the size of a cohort and its relative unemployment experience …

to workers. In the short run, union membership dynamics are mainly driven by changes in unemployment. In turn, changes in …

benchmark is the security with lowest yield at a given maturity. Using Granger-causality and cointegration methods, we find a …

This Paper uses restrictions implied by cointegration to identify the permanent and transitory elements (the ‘trend …

This paper provides evidence for a low frequency relationship between unemployment, inflation and the nominal interest … rate. I show that in the United States from 1959.1 to 1991.3, the unemployment rate, the inflation rate and the federal …

-correction, cointegration and dynamic factor models, and has several conceptual advantages over standard ECM and FAVAR models. In particular, it …

This paper brings together several important strands of the econometrics literature: error-correction, cointegration … the standard ECM, the FECM protects, at least in part, from omitted variable bias and the dependence of cointegration … cointegration prevent the errors from being non-invertible moving average processes. In addition, the FECM is a natural …