This paper discusses various concepts of unemployment rate benchmarks that are frequently used by policymakers for … particular, we propose two broad categories of unemployment rate benchmarks: (1) a longer-run unemployment rate expected to … prevail after adjusting to business cycle shocks and (2) a stable-price unemployment rate tied to inflationary pressures. We …

Empirical evidence concerning the reasons for differences in unemployment dynamics within the group of OECD countries … business cycles and labour market institutions on total unemployment, equilibrium unemployment and cyclical unemployment. Our … the unemployment level by shaping the impact of economic growth. Moreover, we conduct an extensive sensitivity analysis …

to facilitate hiring dynamics and to minimise long-term unemployment and scarring risks among vulnerable groups who have …

growth accounting method, where physical capital accumulation, technological changes and several (un)employment rates are … after the mid-1990s. Hence, results suggested that an increase in output gaps caused a lesser changes in (un)employment …

reducing unemployment compared to most continental European OECD countries. As a rule they have also been and are still ahead …

reducing unemployment compared to most continental European OECD countries. As a rule they have also been and are still ahead …

This paper provides robust estimates of the impact of both product and labor market regulations on unemployment using … set of covariates, results show that product market deregulation overall reduces the unemployment rate. This finding is … effect: deregulation of state controls and in particular involvement in business operations tend to push up the unemployment …

The average unemployment rate in Europe has been consistently higher than in the United States since 1980. The main …