inflation, unemployment, government deficit, and GDP growth into a single indicator. In contrast to other indexes, the EPI does …

, unemployment, and other variables. A simple bar-chart of contributing factors, in the case of multi-variable methods, sharpens the …

variables to a fiscal stimulus, while an elasticity of substitution between capital and labour in the range of available …

Middle East, North Africa, Caucasus and Central Asia. These countries simultaneously display high unemployment rates, low …-sector employment rates or unemployment rates on two measures of public-sector employment point to full crowding out. This means that … rates and do not reduce overall unemployment rates. …

Despite its low unemployment rate, the recent shift in the Japanese Beveridge curve indicates increased labor mismatch … crisis. Occupational mismatch accounted for approximtely 20-40 percent of the recent rise in the unemployment rate in Japan …

German unemployment insurance system and resulted in a significant reduction in unemployment benefits for the long …-term unemployed. In this paper, we use an incomplete-market model with search unemployment to evaluate the macro-economic and welfare …-run (noncyclical) unemployment rate in Germany by 1.4 percentage points. We also find that the welfare of employed households increases …

This paper asks how well Okun’s Law fits short-run unemployment movements in the United States since 1948 and in … that did not change substantiallyduring the Great Recession. Accounts of breakdowns in the Law, such as the emergence ofâ … the unemployment rate—varies substantially across countries. This variation is partly explained by idiosyncratic …