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, and time periods, separate metaregressions are estimated; one using estimates with the unemployment rate as the dependent … variable, and the other with output as the dependent variable. Our findings indicate that the specification of the underlying … unemployment and economic growth, researchers should bear in mind that there are a number of methodological choices that have …
Persistent link: https://www.econbiz.de/10013164466
growth and unemployment in Mexico during the period 2000Q2-2018Q4. The results show that tourism growth is a palliative for … unemployment, whereas unemployment reduces the growth of the tourism sector. The results also show that the relationship between …
Persistent link: https://www.econbiz.de/10012131891
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
changes in output on unemployment are least sensitive for states with relatively large employment within government … manufacturing sectors. States with lower manufacturing employment have a less sensitive output to unemployment relationship, but the …
Persistent link: https://www.econbiz.de/10010242983
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
contrary to unemployment–output relationship even though unemployment rate determines the real output growth in Nigeria but not … drastic reduction of unemployment which is a pointer to increasing aggregate demand and output growth in Nigeria in the long … Wald test and error correction model provide exactly the same conclusion of a uni-directional causality from unemployment …
Persistent link: https://www.econbiz.de/10009788571
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 …
Persistent link: https://www.econbiz.de/10012619838
' macroeconomic performances. We use the World Values Survey and inflation, unemployment, and economic growth data collected from 2010 … financial satisfaction has a negative relationship with inflation and unemployment and a positive relationship with economic …
Persistent link: https://www.econbiz.de/10014500981
China is well-placed to avoid the so-called “middle-income trap” and to continue to converge towards the more advanced economies, even though growth is likely to slow from near double-digit rates in the first decade of this millennium to around 7% at the 2020 horizon. However, in order to...
Persistent link: https://www.econbiz.de/10010231008
Using U.S. real-time data, we show that changes in the unemployment rate unexplained by Okun's Law have significant … a change in potential GDP, the equilibrium unemployment rate, or the use of labor's intensive margin. …
Persistent link: https://www.econbiz.de/10009723755