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 …

unemployment that is in line with this empirical regularity and the findings for the other emerging markets and regional peers. We … European debt crisis. When investigating whether various expenditure components of GDP may cause different unemployment … improve forecasting of unemployment. …

Wald test and error correction model provide exactly the same conclusion of a uni-directional causality from unemployment … 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 …

, using the cointegration technique, we find that a long run inverse relationship exists between unemployment and output in … Nigeria. The Okun coefficient was 1.75 percent indicating that a one percent decrease in unemployment rate is accompanied by a … unemployment in Nigeria may thus significantly impact on the level of output on an increasing scale …

The trade-off between output and unemployment has become an essential part of modern macroeconomics and is known as …

We investigate the controversial issue whether unemployment is related to productivity growth in the long run, using U …. Therefore the secular decline of unemployment since the mid 1990s indeed stemmed from higher average productivity growth. The … adoption process of IT with associated learning costs. -- Productivity slowdown ; growth ; NAIRU level ; common shifts …

Almost all institutions – employment protection legislation, unions, wages, wage structure, unemployment insurance, etc … persistent unemployment in Europe. US labor market institutions, assumed to leave markets unfettered, became the benchmark for … unemployment has shielded away from the policy of central banks. Actually, however, the institutional setup regarding monetary …

and the unemployment rate by different levels of education in Turkey. These effects are assessed for total, male and …This article examines whether various macroeconomic policy shocks have different effects on overall unemployment rate … female unemployment rates separately. To examine the relationship, a quarterly VAR model with a recursive order is employed …

and the unemployment rate by different levels of education in Turkey. These effects are assessed for total, male and …This article examines whether various macroeconomic policy shocks have different effects on overall unemployment rate … female unemployment rates separately. To examine the relationship, a quarterly VAR model with a recursive order is employed …