Showing 1 - 10 of 439
We model the rate of inflation and unemployment in Austria since the early 1960s within the Phillips/Fisher framework … unemployment beyond revisions to definitions. The labour force projection provided by Statistic Austria allows foreseeing inflation …. The change in labour force is the driving force representing economic activity in the Phillips curve. For Austria, this …
Persistent link: https://www.econbiz.de/10011110150
covering the period from 1991 to 2010. We find a negative effect of the unemployment rate on the divorce rate, pointing to a … characteristics that can vary by country, and/or over time. Results indicate that a one-percentage-point increase in the unemployment … possible non-parametric pattern, confirms a clearly negative relationship between unemployment and divorce in European …
Persistent link: https://www.econbiz.de/10011210485
We build an analytically and computationally tractable stochastic equilibrium model of unemployment in heterogeneous … countercyclical unemployment, and is simultaneously consistent with procyclical reallocation, countercyclical separations and a … negatively-sloped Beveridge curve. Moreover, the model exhibits unemployment duration dependence, which (when calibrated to long …
Persistent link: https://www.econbiz.de/10011259507
such as endogenous business cycles, nominal GDP growth, unemployment rate fluctuations, the Phillips curve, leverage cycles … system may remain trapped in a large unemployment status, without the possibility to quickly recover unless an exogenous …
Persistent link: https://www.econbiz.de/10011259514
unemployment rate, and the spikes in the unemployment rate followed with lags of 2-3 years. On the world scale, over the last 44 … years (for which the data is available), all 4 maximums of the solar activity overlapped with minimums of the unemployment …
Persistent link: https://www.econbiz.de/10011259636
This paper examines the prospects for Australia meeting the Governments target to bring unemployment down to 5 per cent … by the year 2000. Particular attention is paid to the effect of the business cycle on unemployment. …
Persistent link: https://www.econbiz.de/10005620145
For U.S. recessions since 1948, we study paneled time series of (i) ExUR, the excess of the unemployment rate over the … maximum effect of NGAP on unemployment occurs with a lag of 2 to 3 quarters. …
Persistent link: https://www.econbiz.de/10011108641
fragility increases causing a weaker economic environment (e.g., higher mean unemployment rate), a more volatile business cycle …
Persistent link: https://www.econbiz.de/10011110721
This paper analyzes the cyclical behavior of production and unemployment at regional level, using Chilean quarterly … performance of regional unemployment using auto regressive components (in the form of polynomial distributed lags), and related … unemployment cyclical behavior for quarters 2006:Q1 and 2006:Q4. The results suggests a notorious unemployment reduction in regions …
Persistent link: https://www.econbiz.de/10005789804
This paper investigates the time-varying correlation between the EU12-wide business cycle and the initial EU12 member-countries based on Scalar-BEKK and multivariate Riskmetrics model frameworks for the period 1980-2012. The paper provides evidence that changes in the business cycle...
Persistent link: https://www.econbiz.de/10012910120