Showing 1 - 10 of 1,438
years, accompanied by a steep rise in unemployment, which would be around 11.5% in 2010 in the euro area. However, labour … soften the impact of much higher unemployment levels on Europe's potential rate of growth in the future. …
Persistent link: https://www.econbiz.de/10008642701
in the vacancy-unemployment ratio without ad hoc assumptions of wage rigidity. This paper presents a mechanism of such … economy, and the vacancy-unemployment ratio experiences large cyclical fluctuations. …
Persistent link: https://www.econbiz.de/10009228915
Using an analog of the boundary element method in engineering and science, we analyze and model unemployment rate in … Austria, Italy, the Netherlands, Sweden, Switzerland, and the United States as a function of inflation and the change in labor … force. Originally, the model linking unemployment to inflation and labor force was developed and successfully tested for …
Persistent link: https://www.econbiz.de/10005837146
policies and to study the problem of unemployment. These notes mean to provide an exhaustive introduction to the study of the …
Persistent link: https://www.econbiz.de/10008506108
estimation is based on the corrected LFS unemployment rate for the employment in the grey economy. …
Persistent link: https://www.econbiz.de/10011113002
This paper argues that existing matching models with unemployment as an active search and nonparticipation as an … inactive search predict counterfactual results: the unemployment rate is at most two times as volatile as the … employmentpopulation ratio; only 20 percent of the actual volatility of the unemployment rate is accounted for; and the labor market …
Persistent link: https://www.econbiz.de/10005790049
We apply well-known results of the econometric learning literature to a standard RBC model with unemployment. The …) with least squares learning is however slow. The cyclical response of unemployment to structural shocks is muted under …
Persistent link: https://www.econbiz.de/10011207842
and lagged relationships between the rates of inflation, unemployment, and change in labour force. For France, several … unemployment within the Phillips curve framework. Following the original problem formulation by Fisher and Phillips, the set of … study has validated the reliability and accuracy of the linear and lagged relationships between inflation, unemployment, and …
Persistent link: https://www.econbiz.de/10011109998
shocks temporarily increase unemployment. Positive labor demand shocks increase employment, depress unemployment, rise real … average wages, and were found to be the main determinant of variability of employment and unemployment in the short-run. In … employment and unemployment. The retrospective simulations of the model show that Baltic states and Poland were significantly …
Persistent link: https://www.econbiz.de/10005835482
In this paper we characterize the unemployment rate for the main cities of the Bío Bío Region using the state … for each structural model for monthly unemployment rate data which spans between I.1996 and XII.2005. We use an additive … cent for four cities); secondly, the hypothesis which states that seasonal peak levels for unemployment rate are related to …
Persistent link: https://www.econbiz.de/10005620097