The literature on unemployment has mostly focused on labor market issues while the impact of capital formation is …

During the nineties, unemployment has fallen in a number of European countries while it has remained high in others … the unemployment problem. Some speculative thoughts are offered as to why those factors might be more stringent in … countries where unemployment remained high. …

available data for fourteen OECD economies. We thendevise a method to decompose changes in unemployment into contributions … accountedfor by changes in inflow and outflow rates for cases where unemployment deviates fromits flow steady state, as it does in … unemploymentvariation within countries. For Anglo-Saxon economies we find approximately a 15:85inflow/outflow split to unemployment …

negative duration dependence of exit rates from unemployment. Our model has a number of novel testable implications. For …

global financial markets enables capital owners to invest abroad, thereby fostering unemployment at the extensive industry … margin. Whether a country benefits from FDI in terms of unemployment depends on the respective country's net-FDI, measured as … the difference between in- and outward FDI. The derived FDI and unemployment nexus is tested employing macroeconomic data …

claim that when interest rates rise, unemployment will increase. The idea is that higher rates make businesses tighten their … belts, leading to less hiring and greater unemployment. Looking at the evidence, I find that this claim is not particularly …

In my last post, I discussed the underwhelming relation between interest rates and unemployment. In this post, I …’ll look at a better way to connect unemployment to interest income. It turns out that if you take US net interest and divide … it by corporate profit, you get a ratio that closely tracks unemployment. It’s a measure that Jonathan Nitzan and …