effect of coordination on unemployment. …

), unemployment, inflation, bank credit, and real estate prices in a twenty one-year window surrounding selected adverse global and …

We propose a theory of low-frequency movements in unemployment based on asymmetric real wage rigidities. The theory … generates two main predictions: long-run unemployment increases with (i) a fall in long-run productivity growth and (ii) a rise …-run unemployment over the 1980s and its rise during the late 2000s. …

Although the labor market has slowly begun to recover, unemployment remains stubbornly high. The pace at which … unemployment comes down over the next two years depends in part on the cyclical recovery of labor force participation and the …

the market have changed because of that blow. Many are suggesting that the natural rate of long-term unemployment …—the level of unemployment an economy can’t go below—has shifted permanently higher. We use a new measure that is based on the … find that the natural rate of unemployment has indeed shifted higher—but much less so than has been suggested. Surprising …

, unemployment and wages during the last two decades. The evidence suggests that, in the long-run, monetary policy has been neutral … to both output and unemployment while the main reasons for the increase in the latter have been the lack of credibility …

the issue. The effects of China's interest rate differential (IRD) and unemployment rate on the exchange rate are also … time series data – including the exchange rate, IRD and unemployment rate – are used in the unit root test and Johansen … test to verify the long‐term equilibrium between real exchange rate and unemployment rate in specific periods of time …