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Output-Employment Relationship across Sectors: A Long- versus Short-Run Perspective

Şahin, Afşin; Tansel, Aysit; Berument, M. Hakan - 2013

This paper investigates the nature of the output-employment relationship by using the Turkish quarterly data for the … period from 1988 to 2008. Even if we fail to find a long-run relationship between aggregate output and total employment …, there are long-run relationships for the aggregate output with non-agricultural employment and sectoral employment levels …

Persistent link: https://www.econbiz.de/10010500246

Adjusting Measures of Economic Output for Health: Is the Business Cycle Countercyclical?

Egan, Mark L.; Mulligan, Casey B.; Philipson, Tomas J. - 2013

Persistent link: https://www.econbiz.de/10013342519

On-the-job search and the cyclical dynamics of the labor market

Krause, Michael U.; Lubik, Thomas A. - 2004

We develop a dynamic general equilibrium model where workers can engage in search while on the job. We show that on-the-job search is a key component in explaining labor market dynamics in models of equilibrium unemployment. The model predicts fluctuations of unemployment, vacancies, and labor...

Persistent link: https://www.econbiz.de/10010293492

Can intangible capital explain cyclical movements in the labor wedge?

Gourio, François; Rudanko, Leena - 2014

Intangible capital is an important factor of production in modern economies that is generally neglected in business cycle analyses. We demonstrate that intangible capital can have a substantial impact on business cycle dynamics, especially if the intangible is complementary with production...

Persistent link: https://www.econbiz.de/10010352192

Measuring and Predicting Heterogeneous Recessions

Çakmaklı, Cem; Paap, Richard; van Dijk, Dick - 2012

This paper conducts an empirical analysis of the heterogeneity of recessions in monthly U.S. coincident and leading indicator variables. Univariate Markovswitching models indicate that it is appropriate to allow for two distinct recession regimes, corresponding with 'mild' and 'severe'...

Persistent link: https://www.econbiz.de/10010500207

The increased importance of asset price misalignments for business cycle dynamics

Bask, Mikael; Madeira, João - 2011

We outline a dynamic stochastic general equilibrium (DSGE) model with trend extrapo-lation in asset pricing that we fit to quarterly U.S. macroeconomic time series with Baye-sian techniques. To be more precise, we modify the DSGE model in Smets and Wouters (2007) by incorporating asset traders...

Persistent link: https://www.econbiz.de/10010321374

Structural Volatility in Argentina: A Policy Report

Caballero, Ricardo J. - 2000

The author identifies sources of volatility in Argentina that include weak international financial links, a recurrent credit crunch and financial underdevelopment problem, a fragile fiscal situation, and a pervasive profit and collateral squeeze mechanism brought about by a rigid labor market...

Persistent link: https://www.econbiz.de/10010327170

Exploring OECD SDGs Pilot City's 50-Year Time Series Data and Its Environmental Kuznets Curves

Vuong, Quan Hoang - 2019

Can green growth policies help protect the environment while keeping the industry growing and infrastructure expanding? This study applies Auto-Regressive Distributed Lag (ARDL) method on the 50-years' time series data, from 1967 to 2015, of Kitakyushu City, Japan, and found mixed evidence for...

Persistent link: https://www.econbiz.de/10012865070

Income support systems, labour supply incentives and employment: Some cross-country evidence

Forslund, Anders; Fredriksson, Peter - 2009

objective is to identify policy tools that help generate sustained increases in employment in the long run. Therefore, we focus …

Persistent link: https://www.econbiz.de/10010273947

EU employment dynamics: The pandemic years and beyond

Jestl, Stefan; Stehrer, Robert - 2021

difficulties. This study explores potential future employment dynamics across European industries and employment groups for the …

Persistent link: https://www.econbiz.de/10014565947

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