increasing unemployment, and that the effects of industrial restructuring were even greater during the economic downturn. In …

extended unemployment (U6 and the underemployed), main determinants of real marginal cost (real wage, unit labor cost, and … labor share of income), and some labor-flow indicators (Shimer's (2012) conditional steady-state unemployment, BSI (labor … the official unemployment rate, do not improve the model's forecasting performance significantly when compared with the …

, extensive margin is defined as a weighted count of Korean exports categories relative to the rest of world's export categories … to China. On the other hand, intensive margin refers to Korean exports to China relative to the rest of the world …

world's technology frontier, and at the same time, measure relative standings of major industrial nations in their … Israel. By considering the most popular technologies per each decade, we observe a clear pattern in the evolution of world …