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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
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
unemployment rate in Australia. Okun's law also implies a rate of output growth consistent with stable unemployment, called the …
Persistent link: https://www.econbiz.de/10014035504
To what extent does the cultural composition of a society impose a constraint on its long-run growth potential? We study this question in the context of an innovation-based model of growth where cultural attitudes are endogenously transmitted from one generation to the next. Focusing on...
Persistent link: https://www.econbiz.de/10014147117
unemployment rate, using a search and matching model. We incorporate disembodied technological progress and on-the-job search into … faster growth to reduce unemployment by decreasing the separation rate and inducing job creation. We demonstrate that … growth on unemployment. Our quantitative analysis shows that our model increases the magnitude of the negative impact of …
Persistent link: https://www.econbiz.de/10003921741
. Data from Japan shows that productivity growth reduces both unemployment and the proportion of non-regular workers to total … employed workers. In order to study the impact of long-run productivity growth on unemployment and non-regular employment, I … faster growth on unemployment is ambiguous …
Persistent link: https://www.econbiz.de/10013102988
unemployment rates. The possibility of a double-dip recession is also explored …
Persistent link: https://www.econbiz.de/10013038549
, however, including longer unemployment spells, more part-time employment, and a greater incidence of long-term unemployment …
Persistent link: https://www.econbiz.de/10013049927