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.p. over the annualized inflation); ii) a shock on the unemployment rate lasts for 18 months; iii) a shock on the expectations … has no effect over the unemployment rate. That is, more inflation does not reduce unemployment. …
Persistent link: https://www.econbiz.de/10010330807
.p. over the annualized inflation); ii) a shock on the unemployment rate lasts for 18 months; iii) a shock on the expectations … has no effect over the unemployment rate. That is, more inflation does not reduce unemployment. …
Persistent link: https://www.econbiz.de/10009553780
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
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unemployment hysteresis phenomenon, using Household Sample National Survey (PNAD) published by the Brazilian Bureau of Geography …This work estimates elasticity wage/long-term unemployment and checking which individuals groups are more affected by … market. However, analyzing only formal workers, this result show that hysteresis originates of wage rigidity. In addition, it …
Persistent link: https://www.econbiz.de/10008517631
. In the labor market, changes in unemployment rate do not affect directly poverty duration. The effect of unemployment …
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