In this paper we analyse the short- and long-run relationship between employment growth, inflation and output growth in … causality tests. The empirical results strongly support the existence of a single cointegrating relationship between employment … growth, inflation and output growth with bidirectional causality between employment growth and inflation as well as output …

This paper investigates the empirical relevance of different unemployment theories in three major economies, namely the … UK, the US and Japan, by estimating the degree of dependence in the unemployment series. Both univariate and multivariate …. Specifically, when taking a univariate approach, the unit root null cannot be rejected in case of the UK and Japanese unemployment …

This paper examines the degree of persistence of youth unemployment (total, male and female) in twenty-four countries … labour market policies are necessary to prevent short-term unemployment from becoming structural (long-term). …

can affect the decision to join a trade union. Furthermore, a shift in risk attitudes can alter collective bargaining … that an overall increase in risk aversion contributes to wage moderation and promotes employment. …

1851-2013 by estimating a multivariate ARFIMA-FIGARCH model (with the unemployment rate and inflation as explanatory …