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 …

productivity growth and manufacturing output growth using least squares on a small postwar sample that included Japanese data … and Japan was removed from Kaldor's sample. This paper shows if output growth is independent of the random error term …

distribution of transition probabilities from full employment to part employment, unemployment and economically unregistered … unemployment and vice a versa. Our results show that there are disparities in the transition probabilities across regions, implying …

distribution of transition probabilities from full employment to part employment, unemployment and economically unregistered … unemployment and vice a versa. Our results show that there are disparities in the transition probabilities across regions, implying …

employment and unemployment and vice a versa. Thus, statistical inferences are readily available. Our results show that there are …

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 …

In the long history of rising and persistent unemployment in Europe almost all institutions - employment protection … legislation, unions, wages, wage structure, unemployment insurance, etc. - have been alleged and found guilty to have caused this … identified as more plausible causes for rising equilibrium unemployment in Europe. Monetary policy has managed to be regarded as …

In the long history of rising and persistent unemployment in Europe almost all institutions - employment protection … legislation, unions, wages, wage structure, unemployment insurance, etc. - have been alleged and found guilty to have caused this … identified as more plausible causes for rising equilibrium unemployment in Europe. Monetary policy has managed to be regarded as …

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 …