education in the labor force and when long-term unemployment is more pronounced. Policies which could facilitate labor market … policies, such as unemployment benefits, as well as labor taxation render matching signficantly more difficult …

This paper provides an assessment of the consistency of unemployment and output forecasts. We show that, consistent … with Okun’s Law, forecasts of real GDP growth and the change in unemployment are negatively correlated. The Okun … coefficient—the responsiveness of unemployment to growth—from forecasts is fairly similar to that in the data for various …

, employment protection legislation for regular and temporary workers, and the replacement rate and duration of unemployment …