Showing 1 - 10 of 42,658
in their unemployment rate and not a decline in labour force participation rate. Policymakers should take account of …
Persistent link: https://www.econbiz.de/10012157899
unemployment rate to movements in output growth increasing recently over time in both Canada and the United States. -- Business …
Persistent link: https://www.econbiz.de/10003951223
We investigate the effects of uncertainty shocks on unemployment dynamics in the post-WWII U.S. recessions via non … linear VARs in terms of (i) magnitude of the reaction of the unemployment rate to such shocks, and (ii) contribution to the … variance of the prediction errors of unemployment at business cycle frequencies. We discuss the ability of different classes of …
Persistent link: https://www.econbiz.de/10013053918
increase in economic policy uncertainty on unemployment in recessions and expansions. We find the response of unemployment to … confirms that the contribution of EPU shocks to the volatility of unemployment at business cycle frequencies is markedly larger …
Persistent link: https://www.econbiz.de/10011864417
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
We analyze quarterly occupation-level data from the US Current Population Survey for 1976-2013. Based on common cyclical employment dynamics, we identify two clusters of occupations that roughly correspond to the widely discussed notion of "routine" and "non-routine" jobs. After decomposing the...
Persistent link: https://www.econbiz.de/10010351463
We analyze quarterly occupation-level data from the US Current Population Survey for 1976-2013. Based on common cyclical employment dynamics, we identify two clusters of occupations that roughly correspond to the widely discussed notion of "routine" and "non-routine" jobs. After decomposing the...
Persistent link: https://www.econbiz.de/10013018390
This paper estimates the permanent and transitory movements in U.S. output and the unemployment rate and the … relationships between them. The results suggest that permanent movements in U.S. output and the unemployment rate are important for …
Persistent link: https://www.econbiz.de/10014065359
This paper outlines a simple regression-based method to decompose the variance of an aggregate time series into the variance of its components, which is then applied to measure the relative contributions of productivity, hours per worker, and employment to cyclical output growth across a panel...
Persistent link: https://www.econbiz.de/10009127619
In this paper a mixed-frequency VAR à la Mariano & Murasawa (2004) with Markov regime switching in the parameters is estimated by Bayesian inference. Unlike earlier studies, that used the pseuo-EM algorithm of Dempster, Laird & Rubin (1977) to estimate the model, this paper describes how to...
Persistent link: https://www.econbiz.de/10009579612