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law with a focus on the dynamic part of the relationship. We find that the negative relationship between unemployment and … misspecification of the short run unemployment-output relationship. A mixed lag structure indirectly controls for missing explanatory …
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The impact of economic growth on unemployment is commonly agreed and extensively studied. However, how age and gender … apply Okun's law, aiming to estimate age-, gender- and educational attainment level-specific unemployment rate sensitivity … output change on the unemployment rate, supporting higher effects of recessions than that of expansions, we aim to enrich …
Persistent link: https://www.econbiz.de/10012312044
The impact of economic fluctuations on the total unemployment rate is widely studied, however, with respect to age- and … gender-specific unemployment, this relationship is not so well examined. We apply the gap version of Okun’s law, aiming to … estimate youth unemployment rate sensitivity to output deviations from its potential level. Additionally, we aim to compare …
Persistent link: https://www.econbiz.de/10012132298
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almost non-existent. Using the unemployment gap as the proxy for the maturity of the business cycle phase, this paper seeks … unemployment gap is positive and increasing and lower when the gap decreases, regardless of the business cycle phase. Thus, it can …
Persistent link: https://www.econbiz.de/10014496484
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compared the results of the coefficient of variation of GDP per capita in PPP and the unemployment rate. The findings of this … unemployment rate were different from the development of the coefficient of variation of GDP per capita. The first year of the …
Persistent link: https://www.econbiz.de/10013397729