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 …

macroeconomic factors--including the unemployment rate and generosity of the unemployment compensation system--as well as individual …-specific determinants, such as human capital proxies and length of unemployment spell. The longitudinal dataset provides an interesting … unemployment to employment. The findings shed light on the disincentive effects of the German tax and transfer system for the …

various tax rates lead to lower budget deficits in the long run, as a result of an expanding tax base and lower unemployment …

non accelerating inflation rate of unemployment (NAIRU) improves on univariate methods as the Hodrick-Prescott (HP) filter …

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 …