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 …

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 …