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During the last decade, economists have shown that the inverse relationship between economic growth and unemployment rate varies over time. Rolling regression has been the main tool used to quantify such a relationship. This methodology suffers from several well-known problems which lead to...
Persistent link: https://www.econbiz.de/10013125831
We investigate factors affecting the job search channels (newspapers, agency, informal network, direct contact, internet) of unemployed individuals in Italy using a multivariate probit model. We separately analyse unemployed individuals who lost their job or who are entering the labour market...
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This study investigates Okun's law in OECD countries by examining estimates for male and female age cohorts for the period 1998-2012. We find that the estimated Okun coefficients are not always statistically significant for each subgroup of the population. Our results also highlight a general...
Persistent link: https://www.econbiz.de/10013032453
We investigate Okun's law in some European countries over 1985-2020 period, with a focus on the COVID-19 pandemic. We compare estimates using traditional OLS and an M-robust estimator within a rolling regression framework. Firstly, we found that the M-estimator outperforms the OLS estimator in...
Persistent link: https://www.econbiz.de/10013308066