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Unemployment fluctuations in a small open-economy model with segmented labour markets : the case of Canada

Zhang, Yahong - 2013

The recent financial crisis and subsequent recession have spurred great interest in the sources of unemployment … the model using Canadian data from 1991 to 2010. I find that, in the long run, unemployment fluctuations are mainly driven … per cent of unemployment fluctuations. I also find that inclusion of the recent financial crisis data in the estimation is …

Persistent link: https://www.econbiz.de/10010201384

Labour reallocation, relative prices and productivity

Cao, Shutao; Leung, Danny - 2010

This paper documents the rate at which labour flows between industries and between firms within industries using the most recent data available. It examines the determinants of these flows and their relationship with the productivity growth. It is found that the dispersion of industry employment...

Persistent link: https://www.econbiz.de/10003933394

Weather the storms? : hurricanes, technology and oil production

Brannlund, Johan; Dunbar, Geoffrey; Ellwanger, Reinhard; … - 2022 - Last updated: August 9, 2022

Do technological improvements mitigate the potential damages from extreme weather events? We address this question using oil production and hurricane data from the Gulf of Mexico. We show that hurricane activity lowers well production and that stronger storms have larger impacts that persist for...

Persistent link: https://www.econbiz.de/10013335013

Macroeconomic disasters and consumption smoothing : international evidence from historical data

Pozzi, Lorenzo; Sadaba, Barbara - 2023 - Last updated: January 12, 2023

This paper uses a large historical dataset (1870-2016) for 16 industrial economies to show that during macroeconomic disasters (e.g., wars, pandemics, depressions) aggregate consumption and income are significantly less decoupled than during normal times. That is, during these times of turmoil,...

Persistent link: https://www.econbiz.de/10013482594

Macroeconomic policy in recessions and unemployment hysteresis

Sturn, Simon - In: Applied economics letters 21 (2014) 13/15, pp. 914-917

Persistent link: https://www.econbiz.de/10010418320

Dissecting Okun's law beyond time and frequency

Krüger, Jens; Neugart, Michael - In: Applied economics letters 28 (2021) 20, pp. 1744-1749

Persistent link: https://www.econbiz.de/10012652591

The effect of unemployment on noncognitive skills

Kleinjans, Kristin J. - In: Applied economics letters 27 (2020) 17, pp. 1387-1390

Persistent link: https://www.econbiz.de/10012313044

Labour demand in the time of post-COVID-19

Krumel, Thomas Patten; Goodrich, Corey; Fiala, Nathan - In: Applied economics letters 30 (2023) 3, pp. 343-348

Persistent link: https://www.econbiz.de/10013553458

Time variation in Okun's law : a Canada and US comparison

Beaton, Kimberly - 2010

unemployment rate to movements in output growth increasing recently over time in both Canada and the United States. -- Business …

Persistent link: https://www.econbiz.de/10003951223

Labor market participation, unemployment and monetary policy

Campolmi, Alessia; Gnocchi, Stefano - 2014

We incorporate a participation decision in a standard New Keynesian model with matching frictions and show that treating the labor force as constant leads to incorrect evaluation of alternative policies. We also show that the presence of a participation margin mitigates the Shimer critique.

Persistent link: https://www.econbiz.de/10010254334