We estimate Okun's law, the negative relationship between output and the unemployment rate, at the sector level for the … coefficients are proportional to the aggregate in all four countries. We also show that the standard deviation of unemployment is …

to the share of the term in office elapsed, political and regime instability, the occurrence of elections, and inflation … independence. This is confirmed in models for cross-section inflation in which TOR becomes insignificant once its endogeneity is …

generosity of long-term unemployment benefits. We propose a model with different unemployment durations, where the reform …’s steady state unemployment and that partial and equilibrium effect were nearly of equal importance. In addition, we provide …

. At the municipality level, we find a large reduction of long-term unemployment, and no negative employment spillovers …

how this framework can generate changes in unemployment and labor participation that match those uncovered by the ….S. states, including many that experience unemployment during the transition. However, nominal rigidities reduce the overall U …

increases job-finding in the private sector by 10 percentage points within one year of unemployment. Six years later, high …

economy. While about half of all studies for the United States find a significant effect of unemployment and inflation on … choice of the sample period is of crucial importance. While in the very long run we find unemployment, inflation and the …

This paper examines the distributional implications of inflation on top income shares in 12 advanced economies using … data over the period 1920-2016. We use Local Projections to analyze how top income shares respond to an inflation shock …, and panel regressions in which all variables are defined as five-year averages to examine the impact of inflation on the …