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with a SVAR model by inspecting how unemployment responds to the state of the economy. We show that deviations from Okun …
Persistent link: https://www.econbiz.de/10013332832
using a SVAR model by inspecting how unemployment responds to the state of the economy. We show that deviations from Okun …
Persistent link: https://www.econbiz.de/10013207330
most likely responsible for a considerable part of European unemployment. …
Persistent link: https://www.econbiz.de/10010508245
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 …
Persistent link: https://www.econbiz.de/10012040048
, and time periods, separate metaregressions are estimated; one using estimates with the unemployment rate as the dependent … unemployment and economic growth, researchers should bear in mind that there are a number of methodological choices that have …
Persistent link: https://www.econbiz.de/10013164466
Estimates of the Okun coefficient are made for Australian workers grouped by age and gender using an unobserved components model. By analogy we define and estimate a participation coefficient which measures the cyclical response of the labour force participation rate to cyclical output shocks....
Persistent link: https://www.econbiz.de/10011951521
most likely responsible for a considerable part of European unemployment …
Persistent link: https://www.econbiz.de/10001473937
This paper studies the relationship between the change in the unemployment rate and output growth using an approach …
Persistent link: https://www.econbiz.de/10012906935
relationship between the key macroeconomic tools of maintaining macroeconomic stability: inflation and unemployment. Our empirical … findings showed that unemployment rate and inflation are positively associated in Uzbekistan, which contradicts with the … Phillips curve. However, we found the Okun’s law holds which indicates an unemployment rate and economic growth are negatively …
Persistent link: https://www.econbiz.de/10014358333
This paper studies the relationship between the change in the unemployment rate and output growth using an approach …
Persistent link: https://www.econbiz.de/10012870857