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Despite its stability over time, as for any statistical relationship, Okun's law is subject to deviations that can be large at times. In this paper, we provide a mapping between residuals in Okun's regressions and structural shocks identified using a SVAR model by inspecting how unemployment...
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This paper revisits the relationship between economic growth and employment creation as expressed in Okun’s law by using the latest updated global ILO dataset for new and more detailed estimates. The analysis confirms that there are important variations across regions of the world and income...
Persistent link: https://www.econbiz.de/10013281211
The integration of active labour market policies within income support schemes - such as unemployment insurance and social assistance - has been a key component of social protection in high-income countries since the 1990s, with a rich literature reviewing its effects and implementation...
Persistent link: https://www.econbiz.de/10013281280
This paper presents findings from the Leeds Index of Platform Labour Protest, a database of platform worker protest events around the world which gathers data from online news media reports and other online sources. For the period January 2017 to July 2020, we identified 1,271 instances of...
Persistent link: https://www.econbiz.de/10013282519
This paper explores the relationship between economic growth and informality and highlights the role of GDP growth and its composition in the level and evolution of informality, using country data from 1991 to 2019. The analysis reveals a weak relationship, although with important differences...
Persistent link: https://www.econbiz.de/10013282528