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The objective of the study is to examine the relationship between unemployment rate and growth rate in selected SAARC … unemployment hysteresis in selected SAARC countries. The results further depict that the significance of the relationship between … economic growth rate and unemployment rate vary between the SAARC countries. …
Persistent link: https://www.econbiz.de/10010717454
The objective of the study is to examine the relationship between unemployment rate and growth rate in selected SAARC … unemployment hysteresis in selected SAARC countries. The results further depict that the significance of the relationship between … economic growth rate and unemployment rate vary between the SAARC countries. …
Persistent link: https://www.econbiz.de/10010718611
Diamond (1994) that an individual's probability of leaving unemployment decreases with unemployment duration and increases …
Persistent link: https://www.econbiz.de/10011403854
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 …
Persistent link: https://www.econbiz.de/10012040048
constant unemployment rate, through the notion of Harrod's natural growth rate and Okun's Law. Kalman filter estimation allows … employment. First, estimates of Okun's Law indicate that the response of Philippine unemployment and visible underemployment to …
Persistent link: https://www.econbiz.de/10011817064
In this study, we use Okun’s Law to examine whether growth has been jobless in seventeen MENA countries. The methods used are the ARDL approach for the individual country and the panel data analysis for the entire sample. The period considered in this study is from 1980 to 2013. To test for...
Persistent link: https://www.econbiz.de/10011635846
This paper studies the relationship between the change in the unemployment rate and output growth using an approach …
Persistent link: https://www.econbiz.de/10011940045
We estimate Okun's law, the negative relationship between output and the unemployment rate, at the sector level for the … coefficients are proportional to the aggregate in all four countries. We also show that the standard deviation of unemployment is …
Persistent link: https://www.econbiz.de/10012841145
This paper studies the relationship between the change in the unemployment rate and output growth using an approach …
Persistent link: https://www.econbiz.de/10012870857
Within the existing literature on jobless recoveries a bit of a puzzle is emerging. On the one hand there is evidence of dynamic structural change including off-shoring/globalization and skill-biased technological advances. Other studies emphasize a less dynamic economy with slower growth,...
Persistent link: https://www.econbiz.de/10012989422