-related variables accounts for changes (rises) in the Okun's parameter in the US in recent decades. Accordingly, the unemployment gap is …

the labor force and almost doubles the unemployment risk. The financial effects of health shocks are small on average and …

monthly employment and unemployment rates and the monthly transition intensities between the states of employment …, unemployment, and out-of-thelabor- force for the German labor market between January/February 1983 and November/ December 1994. The …

German unemployment in the long term, and the cyclical sensitivity of the unemployment experience across demographic groups …. The analysis moves beyond that of unemployment rates to a detailed investigation of transition rates from employment to … unemployment and vice versa. While long-term differences across demographic groups are dominating the structure of both job loss …

This paper develops a model with multiple steady states (low tax and unemployment rate versus high tax and unemployment … European unemployment rates observed during the seventies. The explanation given is that even if the unemployment rate would … job creation remains low making the return to a low unemployment rate impossible. The paper shows that in some cases …

surrounding the effects of rule-based monetary policy on unemployment dynamics in the euro area and the US. We employ a Bayesian … policy ; model uncertainty ; Bayesian model averaging ; unemployment gap ; Taylor rule …

This paper analyses how labour market heterogeneity affects unemployment, productivity and business cycle dynamics that … unskilled workers. Skill mismatch and skill-specific labour market institutions have three main effects on business cycles and … skilled workers increases the natural rate of unemployment and reduces total factor productivity with long- run effects on the …