lead to unemployment surges, as firms are forced to cut costs when financing becomes expensive or is no longer available …. As a result, all countries with risk premium shocks saw unemployment surge, even as euro area core countries managed to … contain unemployment as firms hoarded labor during the downturn. Most striking, wage bills in euro area crisis countries and …

The Great Recession pushed Japan’s unemployment rate to historic highs, but the increase has been small by …

.C from 1991 to 2008, we present econometric evidence that supports that changes in state-level unemployment rates are linked … causality going from mismatches and housing conditions to unemployment rates. The numerical estimates imply that the structural … unemployment rate in 2010 was about 13⁄4 percentage points higher than before the onset of the housing market meltdown at end-2006 …

of national accounts benchmarks, availability annual and quarterly GDP estimates, vintage of the System of National … Accounts (SNA), index formula used for calculating annual constant price (volume) estimates, availability of GDP by different … approaches, timeliness of disseminating and annual and quarterly GDP estimates, availability institutional sector accounts, and …

that can be used to nowcast GDP and track changes in economic activity for countries in SSA. We make two main contributions … flexibility to incorporate mixed-frequency data variables. We present nowcast results for 2019Q4 and 2020Q1 GDP for Kenya, Nigeria …, South Africa, Uganda, and Ghana, and argue that our factor model methodology can be generalized to nowcast and forecast GDP …