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inflation. Among other things, the unemployment gap, which is the difference between unemployment rate and non …-accelerating inflation rate of unemployment (NAIRU), is used to measure inflationary pressure from the labour market. This paper examines … revisional property of the NAIRU is also examined, as well as the forecast capacity of the unemployment gap with regard to wages …
Persistent link: https://www.econbiz.de/10011399270
This article explores the long-run relationship between unemployment rate and labor force participation rate in Canada … leads us to doubt the pertinence of the unemployment invariance hypothesis for Canada. This is consistent with the empirical …
Persistent link: https://www.econbiz.de/10011528837
Rising wage inequality in the U.S. and Britain (especially in the 1980s) and rising continental European unemployment … large data sets from the U.S., Britain, and western Germany to test the Krugman hypothesis for the 1990s, when unemployment …
Persistent link: https://www.econbiz.de/10011448440
Results of general equilibrium models are sensitive to model parameterization and specification. The role of macroeconomic closures and the effect of trade elasticities are documented in the literature, but there is no systematic analysis of the implications of different labor supply...
Persistent link: https://www.econbiz.de/10012232857
We develop an adjustment procedure to construct U.S. monthly time series of involuntary part-time employment stocks and flows from 1976 until today. Armed with these new data, we provide a comprehensive account of the dynamics of involuntary part-time work. Transitions from full-time to...
Persistent link: https://www.econbiz.de/10011913254
circumstances such as gross domestic product, unemployment, and inflation. In this paper, we bring attention to labour market … Tella et al. (2001) to explore sectoral unemployment levels, labour market tightness, and matching efficiency as LS …-stage, we regress LS measures against the unemployment level, labour market tightness, and matching efficiency. Our results are …
Persistent link: https://www.econbiz.de/10012169657
stock and flow data to understand key developments. We find dramatic changes in employment, unemployment and labour market …
Persistent link: https://www.econbiz.de/10012596068
circumstances such as gross domestic product, unemployment, and inflation. In this paper, we bring attention to labour market … Tella et al. (2001) to explore sectoral unemployment levels, labour market tightness, and matching efficiency as LS …-stage, we regress LS measures against the unemployment level, labour market tightness, and matching efficiency. Our results are …
Persistent link: https://www.econbiz.de/10012233233
the 2018-2021 period. The analysis focuses on the divergences in out-of-unemployment transitions and medium … detachment, prolonged periods of unemployment or a diminished success rate in reemployment. However, certain socio …
Persistent link: https://www.econbiz.de/10014534535
Economists have studied the potential effects of shifts in the age distribution on the unemployment rate for more than … effects on age-specific unemployment rates. This paper uses state-level data to revisit the influence of the age distribution … on unemployment in the United States. We examine demographic effects across the entire age distribution rather than just …
Persistent link: https://www.econbiz.de/10013460008