potential level of production (and, consequently, the estimation of the natural rate of unemployment is also altered). In order … implicitly influenced by the actual unemployment rate, it is usually recommended as a more accurate solution to try to obtain … the growth of pure productivity independently of the actual level of employment and, implicitly, of the unemployment rate …

the social elasticity of the matching function with respect to unemployment. …

In this paper, we explore the fluctuations of unemployment and vacancies in the Italian labour market over the last … line with previous findings on the unemployment volatility puzzle, we find that the labour market tightness indicator is …

production. Coming from recent literature on natural rate of unemployment estimation we used a specific methodology in order to … of natural rate of unemployment. …