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New Evidenceon Cyclical and Structural Sources of Unemployment
Chen, Jinzhu; Trehan, Bharat; Kannan, Prakash; … - International Monetary Fund (IMF) - 2011
unemployment, including the sharp rise in U.S. long-term unemployment during the Great Recession of 2007-09. About 75% of the … forecast error variance of unemployment is accounted for by cyclical factors-real GDP changes (?Okun‘s Law?), monetary and … dispersion of industry-level stock returns, account for the remaining 25 percent. For U.S. long-term unemployment the split …
Persistent link: https://www.econbiz.de/10009019575
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Sri Lanka's Sources of Growth
Duma, Nombulelo - International Monetary Fund (IMF) - 2007
This paper uses the growth accounting framework to assess Sri Lanka's sources of growth. It finds that while labor was the dominant factor contributing to growth in the 1980s, labor's contribution declined over time and was overtaken, to a large extent, by total factor productivity (TFP) and, to...
Persistent link: https://www.econbiz.de/10005599461