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The unemployment rate provides an important gauge of spare capacity in the labour market and the economy more generally …. However, other factors also affect unemployment, which complicates its interpretation when informing monetary policy …. Statistical methods can be used to estimate the extent to which the unemployment rate reflects spare capacity versus more enduring …
Persistent link: https://www.econbiz.de/10010949107
dynamics of employment and unemployment in order to identify key issues for the sources of the malfunctioning of these labour … passive labour market policies, and the structure of employment and output. …
Persistent link: https://www.econbiz.de/10005067622
This chapter assesses how models with search frictions have shaped our understanding of aggregate labor market outcomes in two contexts: business cycle fluctuations and long-run (trend) changes. We first consolidate data on aggregate labor market outcomes for a large set of OECD countries. We...
Persistent link: https://www.econbiz.de/10009642954
targeting reducing inflation rates would also help to reduce unemployment rates in Sudan. Keywords Labour market; employment …This paper examines the structure of the labour market and unemployment in Sudan. One advantage of our analysis is that … we explain several stylized facts on the labour market using new secondary data on population, employment and …
Persistent link: https://www.econbiz.de/10010856356
This Selected Issues paper reviews recent developments in growth and employment in Bulgaria and highlights key … and financial stabilization in 1997. The global economic crisis had a major effect on Bulgarian growth and employment … its 2008 level. However, employment growth was negative during 2009–2012, and the first small uptick occurred only in …
Persistent link: https://www.econbiz.de/10011245618
.g., school achievement), and present circumstances (e.g., participation in education and employment) as well as aspirations and …
Persistent link: https://www.econbiz.de/10009652549
Remarks at the Quarterly Regional Economic Press Briefing, New York City.
Persistent link: https://www.econbiz.de/10010724980
Remarks at the Quarterly Regional Economic Press Briefing, New York City.
Persistent link: https://www.econbiz.de/10008461939
workers - have a higher elasticity of wages to local unemployment. These results indicate a greater facility of firms in these … segments to set wages as a function of the unemployment rate and they are supportive of efficiency wage theoretical models. …
Persistent link: https://www.econbiz.de/10008565292
the unemployment rate in Australia over the period 1979-1998. The Hodrick-Prescott filter is employed to extract the …
Persistent link: https://www.econbiz.de/10008565348