Inflation has become much less sensitive to movements in unemployment in recent decades. A common explanation for this … unemployment gap which underlie the OECD’s Economic Outlook projections. The former OECD specification can be characterised as a … backward-looking specification, the anchored expectations approach also tends to imply larger unemployment gaps for those …

model that features endogenous producer entry, equilibrium unemployment and costly job creation and destruction. Unlike in …, but some of them -- such as job protection reforms -- are found to increase unemployment temporarily. Implementing a broad …

Young people have been hit hard by unemployment during the Irish recession. While much research has been undertaken to … unemployment and the associated challenges. This paper attempts to fill this gap by comparing the profile of transitions to work … transition of the youth from unemployment to employment fell dramatically. The fall is not due to changes in the composition or …

A statistically significant relationship between the unemployment gap and inflation can be found for a clear majority …

productivity gaps, except in the United States where it essentially resulted from a large increase in the unemployment gap. As … States, the large unemployment gap could also keep wage inflation under pressure despite a flattening Phillips curve. These …

contribution of each age group to total unemployment-rate differentials is also computed. An estimate of the sensitivity of age …-specific unemployment rates to the economic cycle is provided for OECD countries. France is one of the OECD countries having the highest …’s total unemployment rate differential with best-performing countries. Youth unemployment rate is especially sensitive to …

German Socio-Economic Panel (SOEP) data for the years 2000 to 2016, we analyse unemployment durations and unemployment …-term unemployment. Furthermore, the duration of unemployment prior to finding a new job rises with age. This pattern is particularly … between unemployment and an individual’s subsequent wage. This depressing impact is significant only for unqualified workers …