approach, the unemployment rate is on average 0.8 percentage points (ppts) higher than the official unemployment rate, with a …-cycle fluctuations in the unemployment rate from job separation, job finding, and participation. Correcting for misclassification changes … unemployment fluctuations, while participation accounts for fewer. The methodology I propose can be applied to any other labor …

Inflation dynamics, as well as its interaction with unemployment, have been puzzling since the Global Financial Crisis … unemployment, post-GFC …

medium-term business cycle fluctuations in GDP, its components and the unemployment rate. Additionally, it facilitates …

Low rates of inflation have been recorded in recent years, despite a decline in the unemployment rate. This phenomenon …

The methodology used in this paper has three distinguishing features: the natural rate of unemployment and potential …