unemployment on inflation, for given expected inflation, decreased until the early 1990s, but has remained roughly stable since …

of these estimates is the measure of labor market slack. The traditional measure of unemployment in Korea yields an … rather than registering as unemployed. This paper discusses a way in which the measure of unemployment can be broadened to …

unemployment—compared to the past. We examine another aspect that could explain this empirical finding, namely the demographic … effectiveness may moderate in graying societies. It then uses Bayesian estimation techniques for the U.S., Canada, Japan, U.K., and … Germany to confirm a weakening of monetary policy effectiveness over time with regards to unemployment and inflation. After …

In recent years, unemployment rates in some ECCU countries have been among the highest globally. This paper evaluates … significantly associated with high structural unemployment, while the global crisis added a cyclical component. Our analysis also … unemployment is related to the phase out of EU preferences on bananas/sugar exports or to a skills mismatch. As expected …

unemployment by about 2.2 pp after five years. If sequencing is required, starting with PMRs would be more effective in boosting … output, while starting with LMRs would reduce unemployment faster. Finally, increasing unemployment benefits would be more …

developing economies. Second, youth's unemployment is twice as sensitive as that of adults'. Third, women's unemployment is …The negative and stable relationship between an economy's aggregate demand conditions and overall unemployment is well …-documented. We show that there is a large degree of heterogeneity in the cyclical sensitivities of unemployment across worker and …