The trade-off between output and unemployment has become an essential part of modern macroeconomics and is known as … Okun's law. However, in transition and emerging markets economies' context, the output-employment nexus has a much more … transition) countries to find out a discrepancy between the output and employment growth. Therefore, the employment elasticity …

lagged, hump‑shaped reactions of output, employment and unemployment in each of the analysed countries. … between monetary policy, employment, and unemployment. According to the obtained estimates monetary policy shocks invoked …

In this paper we evaluate whether the accuracy of Finnish unemployment rate forecasts can be improved by utilising the … information in the flows into and out of unemployment. We compare and contrast different methodologies for constructing the flows …

characterize the responses of vacancy creation and unemployment. Vacancies decline in response to the shock when firms expect … the unemployment rate peaks at 19.7%, 2 months after the shock, and takes 1 year to return to 5%. Relative to a scenario … without the shock, unemployment uncertainty rises by a factor of 11. Nonlinear methods are crucial. In the linear economy, the …

state-level initial unemployment insurance claims, changes in the unemployment rate, and changes in private employment. The …

In this paper, we assess several methods that have been used to measure the Canadian trend unemployment rate (TUR). We … extent to which methods provide explanations for changes in trend unemployment; (ii) whether revisions to unemployment gap … (UGAP, the difference between the actual unemployment rate and TUR) estimates are well behaved; (iii) if UGAPs provide …

at risk in the euro area and in the United States. We model the asymmetry of the shocks to changes in the unemployment … the unemployment rate displays time-varying volatility and skewness, with peaks coinciding with the Global Financial … risk defined as the possible joint event of large increases in the unemployment rate and large annual rates of inflation …

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

We evaluate the effects of outsourcing and wage solidarity on wage formation andequilibrium unemployment in a …