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We investigate the relationship between unemployment and growth in China. We find considerable differences in the … find a hump-shaped relationship between unemployment and our proxy for the speed of reform. The current unemployment in …
Persistent link: https://www.econbiz.de/10010189833
This paper provides new estimates of Okun’s unemployment-output relationship in euro area countries between 1979 and … characterise the literature and that the responsiveness of output to unemployment is driven by idiosyncratic factors in both euro …
Persistent link: https://www.econbiz.de/10015052585
, it is known that there is a reverse relation between unemployment and growth known as Okun's Law. This relation …, suggesting that every 1 point decrease in unemployment induces a 3 point increase in growth, is tested for many countries. In … difference in coefficients. At the same time, long term relation between growth and unemployment is tested with the use of time …
Persistent link: https://www.econbiz.de/10010380133
Diamond (1994) that an individual's probability of leaving unemployment decreases with unemployment duration and increases …
Persistent link: https://www.econbiz.de/10011403854
We investigate the relationship between unemployment and growth in China. We find considerable differences in the … find a hump-shaped relationship between unemployment and our proxy for the speed of reform. The current unemployment in …
Persistent link: https://www.econbiz.de/10013075132
This paper provides evidence for a positive effect of total factor productivity growth on unemployment in cross …-country regressions for OECD countries. The paper explains this empirical result with an exogenous growth model with unemployment due to … implies cross-country differences in unemployment rates due to differences in the steady-state capital-output ratios. In turn …
Persistent link: https://www.econbiz.de/10012728652
Diamond (1994) that an individual's probability of leaving unemployment decreases with unemployment duration and increases …
Persistent link: https://www.econbiz.de/10013320786
In the study we deal with two key indicators of economic development, which are economic growth and unemployment. We … part of the study is evaluation of the relationship between economic growth and unemployment on the basis of Okun’s law in … the SR and comparison of these results with other members of EU. The last chapter contains prognosis of unemployment rate …
Persistent link: https://www.econbiz.de/10010945572
We propose a unique method of nowcasting and forecasting GDP growth based on a forward-looking measure of unemployment …
Persistent link: https://www.econbiz.de/10014506541
to zero in the long run. We show that these restrictions imply that unemployment due to automation is expected to …
Persistent link: https://www.econbiz.de/10012916066