The impact of economic fluctuations on the total unemployment rate is widely studied, however, with respect to age- and … gender-specific unemployment, this relationship is not so well examined. We apply the gap version of Okun’s law, aiming to … estimate youth unemployment rate sensitivity to output deviations from its potential level. Additionally, we aim to compare …

(1983-2009). We show that, until the early 2000s, close to 60% of changes in the unemployment rate are due to changes in the …

stochastic volatility model of sectoral employment growth. Reallocative shocks have no effect on the natural rate of unemployment … the rise in trend unemployment in Germany in the 1980s or for a possible rise in trend unemployment in the United States …This paper compares the aggregate effects of sectoral reallocation in the United States and Western Germany using a …

The concept of the "employment threshold" plays an important role in the public of unemployment. The employment … unemployment. Many contributions to this debate give the impression that the employment theshold is more or less a structural …