This paper revisits the empirical relationship between unemployment and output, and its evolution following the … the European System of Central Banks (ESCB). First, the negative correlation between output and unemployment (Okun’s law …. Focusing on the euro area, the financial distress seems to have altered the dynamics of output and unemployment mainly at lower …

In this paper we evaluate whether the accuracy of Finnish unemployment rate forecasts can be improved by utilising the … information in the flows into and out of unemployment. We compare and contrast different methodologies for constructing the flows …