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1985-2012. The NAIRU is a poor proxy for 'structural unemployment': Labor market institutions - employment protection …
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of these estimates is the measure of labor market slack. The traditional measure of unemployment in Korea yields an … rather than registering as unemployed. This paper discusses a way in which the measure of unemployment can be broadened to …
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The Great Recession (2009/10) resulted in the need of different economic policies and structural reforms to boost economic growth both in the advanced and in the emerging economies. In this paper, we start from a theoretical concept that is relatively new - the modified output gap (MOG), based...
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a multivariate trend-cycle decomposition. Although the unemployment rate clearly contains important cyclical information … about the output gap. Instead, we show that the alternative U-2 unemployment rate (job losers as a percentage of the labor …
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und Arbeitslosigkeit als Folge von Suchfriktionen auf Kapital- und Arbeitsmärkten. Finanzpolitische Maßnahmen zur … Förderung von Unternehmensgründungen stellen sich dabei als ein wirksames Instrument zur Bekämpfung von Arbeitslosigkeit heraus …
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