Okun's law is formulated as the ratio between GDP and unemployment (UE): β = f(GDP/UE). It is used to investigate the … replaced the United States UE with employment (EM) for the years 1977 to 2021 and examined how employment changed relative to … "jobless recovery" is that employment should not increase more rapidly than the real economy. …

implementation of four strategies: First, investive social transfers, in particular by establishing a European Fund for Employment … and Income Security (EIS) to strengthen the inclusive function and stabilisation impact of national unemployment insurance …

This paper empirically examines the impact of labour market counter-reforms on real GDP per capita and employment … employment protection legislation (EPL), which we further split into counter-reforms for regular and temporary workers, and … unemployment benefits (UB) counter-reforms. The effects of counter-reforms depend on the prevailing economic conditions and are not …

This paper explores the short-term employment effect of deregulating job protection forregular workers and how it … of sectoral employment to largejob protection deregulation shocks depend crucially on the state of the economy at the …

This paper develops an overlapping-generations model characterized by endogenous growth, unemployment, and pollution … unemployment benefits, and considers a replacement-ratio-neutral reform in which the environmental tax is devoted to cutting the … employees' rate of contribution to unemployment insurance. Under this reform, (i) the growth rate is increased, the unemployment …

The results of previous research suggest that the elasticity of employment with respect to output is not constant … almost non-existent. Using the unemployment gap as the proxy for the maturity of the business cycle phase, this paper seeks … vulnerable to jobless growth. Our specification is based on the employment version of Okun's law, and estimates are provided for …

what we actually have observed is a distinct pattern of employment deindustrialization rather than a severe decline in the … this article, I reassess the role of the manufacturing industry in the overall economy’s production growth and employment … GDP does not exhibit a long run declining trend as it does in other advanced countries. Secondly, I show that employment …