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Persistent link: https://www.econbiz.de/10000051975
secular stagnation. This study exploits variation among US states to assess the degree that economic stagnation and … evidence to support both the stagnation and structural change theories of jobless recoveries. On the stagnation side, we find …
Persistent link: https://www.econbiz.de/10012989422
employment. First, estimates of Okun's Law indicate that the response of Philippine unemployment and visible underemployment to … constant unemployment rate, through the notion of Harrod's natural growth rate and Okun's Law. Kalman filter estimation allows … output growth is very small. However, the response of total underemployment is positive and significant. Second, productivity …
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The literature on unemployment has mostly focused on labor market issues while the impact of capital formation is …
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inflation and unemployment. We focus on the G7 economies plus Spain, and use monthly data –high-frequency data in a macro …. We find that total connectedness is larger for prices (58.28%) than for unemployment (41.81%). We also identify …
Persistent link: https://www.econbiz.de/10013236402
made in terms of several macroeconomic indicators, GDP, Unemployment, Inflation, Current Account Balances, and debt. …
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The trade-off between output and unemployment has become an essential part of modern macroeconomics and is known as …
Persistent link: https://www.econbiz.de/10012619838
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