Creating effective employment policy to combat rising unemployment and widening regional labour market differences is a …

: an internal migration function is estimated using district wage and unemployment rate differentials. The aggregate level … wages and unemployment, included in the migration equation, are retrieved from a first stage wage and unemployment equations …. The results reveal that both wage and unemployment differentials are important determinants of the propensity to migrate …

unemployment in selected OECD countries. The labour force variations attributable to an economy operating at below full employment … force participation rates. The results show that hidden unemployment is a major problem in the countries studied, and adds …

’s growth potential, and the sustainable unemployment rate—variables that economists can’t, unfortunately, estimate with much …

unemployment vary both with large versus small real exchange rate disequilibria and rising versus falling unemployment regimes. The … adjustment in periods of falling unemployment. This implies that prices and wages are more flexible when real output is high … demanding and getting higher wages. Unemployment is reduced following gains in competitiveness when the real exchange rate is …

Several recent studies show that seasonal variation and cyclical variation in unemployment are correlated. A common … seasonal adjustment on the analysis of cyclical patterns. Seasonally adjusted quarterly unemployment data for five G-7 …

In Keynes' General Theory, investment determines effective demand, which determines unemployment and the labour market … plays a negligible role. In New Keynesian models, labour market institutions determine the natural rate of unemployment and … the speed at which unemployment adjusts to it. Investment is mostly ignored as a key variable behind the problem of high …

test for the order of integration of the unemployment rates, by applying the Leybourne et al. (1998) and Kapetanios et al …. (2003) nonlinear unit root tests. Our results pinpoint the fact that five up to eight unemployment rates are stationary …