The recent exacerbation of unemployment crisis in Nigeria stands to be a serious threat to both socio … present study explores the link between trade and unemployment for the case of Nigeria with the intention of exploring how the … unemployment crisis has been impacted within the dynamics of the country's trade performance. The empirical evidence shows that the …

Central bankers are raising interest rates on the assumption that wage-push inflation may lead to stagflation. This is … not the case. Although unemployment is low, the labor market is not 'tight'. On the contrary, we show that what matters …, just as in the Great Recession we anticipate deflation in the near future, coupled with rising joblessness and recession. …

The economic meltdown since 2008-9 has created disinflation, and even deflation in some countries in the Euro-area, in … disinflation and deflation push up the real interest rate, while growth and income declines, the leveraging problem becomes more … feedback loops, given the debt deflation, we demonstrate the possibility of unstable dynamics and downward spirals in the …

The Great Recession pushed Japan’s unemployment rate to historic highs, but the increase has been small by … international standards and small relative to the large output shock. This paper explores Japan’s cyclical labor market response to …

comparable effects on nominal wage growth from several indicators of "slack" in the labour market: unemployment rates …, unemployment rate gaps, the prime-age employment-to-population ratios, a composite labour market indicator constructed using a … principal component for a wide range of labour force data, and unemployment rates separated by duration of unemployment. Our …

Using the statistical technique of fuzzy clustering, regimes of inflation and unemployment are explored for the United … inflation/unemployment space. There is considerable similarity across the countries in both the regimes themselves and in the … timings of the transitions between regimes. However, the typical rates of inflation and unemployment experienced in the …