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Individuals' unemployment durations over the business cycle
Kalwij, Adriaan S. - 2001
Diamond (1994) that an individual's probability of leaving unemployment decreases with unemployment duration and increases …
Persistent link: https://www.econbiz.de/10011403854
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Individuals' Unemployment Durations Over the Business Cycle
Kalwij, Adriaan - 2021
Diamond (1994) that an individual's probability of leaving unemployment decreases with unemployment duration and increases …
Persistent link: https://www.econbiz.de/10013320786
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Australia: the miracle economy
Junankar, Pramod N. - 2013
made in terms of several macroeconomic indicators, GDP, Unemployment, Inflation, Current Account Balances, and debt. …
Persistent link: https://www.econbiz.de/10009774315
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Beyond Okun's law : output growth and labor market flows
Lim, Guay C.; Dixon, Robert J.; Ours, Jan C. van - 2018
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
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Jobless Recoveries : Stagnation or Structural Change?
Burger, John D. - 2016
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
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Jobless Recovery is no Recovery : Prospects for the US Economy
Papadimitriou, Dimitri B. - 2011
The US economy grew reasonably fast during the last quarter of 2010, and the general expectation is that satisfactory growth will continue in 2011-12. The expansion may, indeed, continue into 2013. But with large deficits in both the government and foreign sectors, satisfactory growth in the...
Persistent link: https://www.econbiz.de/10013128529
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The Great Recession Was Not so Great
Submitter, CentER - 2015
with the 1980s recession it is concluded that there is a high cross-country correlation of the unemployment rates over the …. Young workers are the most affected by the Great Recession both in terms of unemployment rates as well as employment rates … impact. To analyze how economic growth and labor market institutions have affected unemployment two types of models are …
Persistent link: https://www.econbiz.de/10013029525
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The recovery from the Great Recession: a long, evolving expansion
Shambaugh, Jay C.; Strain, Michael R. - 2021
Prior to 2020, the Great Recession was the most important macroeconomic shock to the United States economy in generations. Millions lost jobs and homes. At its peak, one in ten workers who wanted a job could not find one. On an annual basis, the economy contracted by more than it had since the...
Persistent link: https://www.econbiz.de/10012405441
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The Recovery from the Great Recession : A Long, Evolving Expansion
Shambaugh, Jay; Strain, Michael R. - 2021
Prior to 2020, the Great Recession was the most important macroeconomic shock to the United States economy in generations. Millions lost jobs and homes. At its peak, one in ten workers who wanted a job could not find one. On an annual basis, the economy contracted by more than it had since the...
Persistent link: https://www.econbiz.de/10013251540
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Switching-track after the great recession
Vinci, Francesca; Licandro, Omar - 2021
We propose a theoretical framework to reconcile episodes of V-shaped and L-shaped recovery, encompassing the behaviour of the U.S. economy before and after the Great Recession. In a DSGE model with endogenous growth, negative demand shocks destroy productive capacity, moving GDP to a lower...
Persistent link: https://www.econbiz.de/10012533939