This paper assesses the consequences of immigration for natives’ unemployment in OECD countries and investigates the …€™ unemployment, depending upon the policy framework. In particular, a temporary increase in unemployment may be observed in a context … of stringent anti-competitive product market regulation, or of high replacement rates of unemployment benefits. …

The paper examines the consequences of fiscal consolidation in times of persistently low growth and high unemployment … unemployment at five-year horizons are significantly above one during PR episodes. These results suggest that medium-term fiscal …

Countries in Transition, ACTs) has slowed already sluggish growth; worsened unemployment, particularly of youth; undermined …

data series including inflation, actual output, unemployment and capacity utilization. The estimation results suggest that …

This paper provides an assessment of the consistency of unemployment and output forecasts. We show that, consistent … with Okun’s Law, forecasts of real GDP growth and the change in unemployment are negatively correlated. The Okun … coefficient—the responsiveness of unemployment to growth—from forecasts is fairly similar to that in the data for various …