unemployment, including the sharp rise in U.S. long-term unemployment during the Great Recession of 2007-09. About 75% of the … forecast error variance of unemployment is accounted for by cyclical factors-real GDP changes (?Okun‘s Law?), monetary and … dispersion of industry-level stock returns, account for the remaining 25 percent. For U.S. long-term unemployment the split …

may have increased unemployment. It is shown that it is likely to be so if they are associated with an increase in the …

detrimental medium-term effects on output, unemployment, poverty, and inequality. However, policies can go a long way toward … relatively greater fiscal support. The increases in unemployment, poverty, and inequality are likewise lower for countries with …

unemployment, several European economies display highly persistent unemployment dynamics. The theory of hysteresis challenges this …Despite conventional macroeconomic theory is based on the idea that demand shocks can only have temporary effects on … strong empirical evidence of unemployment hysteresis in advanced economies since the 1990s. Relying on an identification …

education in the labor force and when long-term unemployment is more pronounced. Policies which could facilitate labor market … policies, such as unemployment benefits, as well as labor taxation render matching signficantly more difficult …

The literature on the relationship between the unemployment rate and wage bargaining fails to separate the offsetting … effects of a reduction in competition associated with centralized bargaining and the increased awareness of unemployment … unemployment rate in countries that have switched to centralized wage-bargaining arrangements, the industry wage is not …

employment, unemployment, and economic growth in OECD countries. The paper examines a number of facets of tax and welfare policy …