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Persistent link: https://www.econbiz.de/10010442652
what extent business cycles or unemployment levels influence entries into entrepreneurship. Our analysis for Germany … reveals that there is a positive relationship between unemployment rates and start-up activities. Moreover, new business … disentangling periods of low and high unemployment we find that the effect of unemployment on new business formation is only …
Persistent link: https://www.econbiz.de/10010229512
macro-economic conditions in the form of regional unemployment rates. The results from our panel data models, several of … downturn, with an approximately 0.7 percentage point increase for each one percentage point rise in the unemployment rate … percentage point increase in the regional unemployment rate leading to an up to 0.8 percent decrease in consumption. …
Persistent link: https://www.econbiz.de/10011724491
We estimate Okun's law, the negative relationship between output and the unemployment rate, at the sector level for the … coefficients are proportional to the aggregate in all four countries. We also show that the standard deviation of unemployment is …
Persistent link: https://www.econbiz.de/10012166007
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 …
Persistent link: https://www.econbiz.de/10012132298
This paper studies the relationship between the change in the unemployment rate and output growth using an approach …
Persistent link: https://www.econbiz.de/10011940045
with a SVAR model by inspecting how unemployment responds to the state of the economy. We show that deviations from Okun …
Persistent link: https://www.econbiz.de/10013332832
We estimate Okun's law, the negative relationship between output and the unemployment rate, at the sector level for the … coefficients are proportional to the aggregate in all four countries. We also show that the standard deviation of unemployment is …
Persistent link: https://www.econbiz.de/10012841145
using a SVAR model by inspecting how unemployment responds to the state of the economy. We show that deviations from Okun …
Persistent link: https://www.econbiz.de/10013207330
A common assumption when analysing unemployment is that the economy is closed. However, the equilibrium rate of … unemployment is not identified in an open economy unless the foreign sector is modeled. Therefore we set up and estimate a … structural unobserved components open economy model for the unemployment rate and the real exchange rate. This approach enables …
Persistent link: https://www.econbiz.de/10012720839