density function with higher density and thereby generate large, asymmetric job-finding rate and unemployment reactions. Our …

matching and unemployment. Based on two microeconomic datasets, we show that the market share of the Federal Employment Agency … activities of the Federal Employment Agency did not contribute to the decline of unemployment in Germany. By contrast, improved …

The main objective of this study is to investigate the impact of unemployment on Jordan's economy over the period 1991 …-2019. This study used the auto-regressive distributed lag (ARDL) model to investigate the relationship between the unemployment …-run relationship among the variables. The empirical finding indicated a long-run relationship between the unemployment rate, economic …

This paper develops a sufficient-statistic formula for the unemployment gap-the difference between the actual … unemployment rate and the efficient unemployment rate. While lowering unemployment puts more people into work, it forces firms to … post more vacancies and to devote more resources to recruiting. This unemployment-vacancy tradeoff, governed by the …

to facilitate hiring dynamics and to minimise long-term unemployment and scarring risks among vulnerable groups who have …

addressing saving against unemployment risk in terms of changes in credit supply and households’ financial wealth. Time series … referring to the labor market with a recommendation to employ the subjective (perceived) unemployment expectation index rather … than the objective unemployment rate. These results are meaningful for policy implications. They emphasize the role of …

that long-term unemployment is only weakly related to inflation depends on the assumption of linearity in the Phillips … curve. Specifically, once convexity is allowed for during the estimation process, long-term unemployment appears to have a … significant negative influence on wage inflation, whereas in a linear Phillips curve model it is only the short-term unemployment …

This paper examines the usefulness of the Okun relationship as a “rule of thumb” for predicting changes in unemployment … differential reaction of unemployment to changes in the various expenditure components of GDP - significantly enhances the capacity … of the Okun relationship (in comparison to the aggregate “rule of thumb”) for predicting movements in unemployment. The …