have consistently shown evidences of the existence of hysteresis in employment rates and labor force participation rates … is consistent with the result in labor force participation rates and employment rates. The existence becomes more …

English Abstract: This paper analyzes how the adverse impacts of the global financial crisis on Korea's employment … maintenance of domestic demand despite a sharp fall of export, (iii) less serious over-employment during the run-up to the crisis … mitigate adverse impacts on employment, therefore, priority should be given to expansionary macroeconomic policies to keep …

English Abstract: Most previous empirical studies on the effects of monetary policy on employment fail to take care of … the “price puzzle”, concluding that the estimated response of inflation is positive to the contractionary monetary policy … employment-to-population ratio (EPR) of young male workers while other worker groups do not respond in a similar fashion. This …

because unemployment growth contains information on not only output gap, but also price inflation and wage inflation which are …