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We know from experience that weak economic growth increases the unemployment rate. In 1962 Okun proposed to measure … potential output in terms of unemployment gap. From this relation a direct link between increase in unemployment and output …
Persistent link: https://www.econbiz.de/10005510372
This paper presents an international literature review on qualified labor shortage and summarizes recent evidence on this topic in the context of Brazilian labor markets. An interpretation is provided on the extent of this problem in Brazil in the 2000s. It does not seem to be the case that a...
Persistent link: https://www.econbiz.de/10011372180