The global recession is likely to results in higher structural unemployment for some time in many OECD countries. This … paper assesses how the shock to aggregate unemployment as a result of the economic crisis may be transmitted to structural … unemployment through hysteresis effects that occur through the rise in long-term unemployment. The estimated increase in structural …

This paper analyses the determinants of structural unemployment rates in a two-stage approach. First, time … drivers of structural unemployment. Consistent with earlier studies, the level of product market regulation, union density and … the unemployment benefit replacement rate also play an important role in explaining changes in the NAIRU although there is …

and lagged relationships between the rates of inflation, unemployment, and change in labour force. For France, several … unemployment within the Phillips curve framework. Following the original problem formulation by Fisher and Phillips, the set of … study has validated the reliability and accuracy of the linear and lagged relationships between inflation, unemployment, and …

unemployment on inflation seems to present in short term. In the long run, the estimations do not able to detect any impact of … unemployment on the dynamic of inflation. Finally, the structural break marks the relationship between the exchange rate and …

relation where inflation dynamics depend on excess unemployment, a risk premium and the fraction of firms receiving financing …. Excess unemployment is defined as that which arises from disruptions in credit flows. GMM estimates using data from a survey …

unemployment and monetary policy in a small open economy such as Sweden. Third, we do not want to overburden Swedish monetary …

estimates the unemployment rate that is compatible with a tolerable inflation rate of say 2 percent following roughly the … compatible with 2 percent inflation in Germany is currently around 7 percent if the definition of unemployment follows the …

, and its deviation from the actual unemployment rate affects inflation, among other factors. The inclusion of inflation … unemployment gap coefficient. The results show that so far only the Czech Republic and Hungary exhibit a significant inflation-unemployment …