This paper studies the relationship between the change in the unemployment rate and output growth using an approach …

interact and affect the evolution of unemployment rates and participation rates, the two main indicators of labour market … performance. Our analysis has two special features. First, apart from the two labour market states - employment and unemployment … that a shock to the net flow from unemployment to employment drive the unemployment rate and the participation rate in …

, directly from employer to employer as well as indirectly via an unemployment spell. In addition they are more likely to change …

This paper addresses the question of why prolonged regional unemployment differentials tend to persist even after their … proximate causes have been reversed (e.g., after wages in the highunemployment regions have fallen relative to those in the low-unemployment …

This paper addresses the question of why prolonged regional unemployment differentials tend to persist even after their … proximate causes have been reversed (e.g., after wages in the highunemployment regions have fallen relative to those in the low-unemployment …

This paper addresses the question of why high unemployment rates tend to persist even after their proximate causes have …

, directly from employer to employer as well as indirectly via an unemployment spell. In addition they are more likely to change …