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The construction bust which accompanied the Great Recession, and the accompanying need to shift workers across sectors, have provoked a discussion about mismatch and the Beveridge Curve, alongside a discussion about firm-level dispersion. These discussions echo an ongoing discussion about the...
Persistent link: https://www.econbiz.de/10010368449
about internal and external transmission mechanisms that ultimately caused unemployment to increase rapidly over this period … the crisis. The authors find that the strongly increasing real bond rate and unemployment rate together with a … adjustment somewhere in the system except for inflation rate. Unemployment took the burden of adjustment when the bond rate sky …
Persistent link: https://www.econbiz.de/10011902716
about internal and external transmission mechanisms that ultimately caused unemployment to increase rapidly over this period … the crisis. The authors find that the strongly increasing real bond rate and unemployment rate together with an … adjustment somewhere in the system except for inflation rate. Unemployment took the burden of adjustment when the bond rate sky …
Persistent link: https://www.econbiz.de/10011963770
This article examines whether various macroeconomic policy shocks have different effects on overall unemployment rate … and the unemployment rate by different levels of education in Turkey. These effects are assessed for total, male and … female unemployment rates separately. To examine the relationship, a quarterly VAR model with a recursive order is employed …
Persistent link: https://www.econbiz.de/10010267420
strong support for concave shaped unemployment-gap and output-gap based Phillips curve specifications. Given the specific …
Persistent link: https://www.econbiz.de/10014544483
increase in their unemployment rate and not a decline in labour force participation rate. Policymakers should take account of …
Persistent link: https://www.econbiz.de/10012179803
growth and unemployment in Mexico during the period 2000Q2-2018Q4. The results show that tourism growth is a palliative for … unemployment, whereas unemployment reduces the growth of the tourism sector. The results also show that the relationship between …
Persistent link: https://www.econbiz.de/10013199595
, inflation and unemployment, we detect a wrong sign in the response of inflation to contractionary monetary policy shocks … significant unemployment inflation trade-off emerges. These conclusions are confirmed by using industrial production instead of … the unemployment rate in the VAR model. …
Persistent link: https://www.econbiz.de/10013201449
The authors analyse the macroeconomic impact of the French work-sharing reform of 2000 (a reduction of standard working hours in combination with wage subsidies). Using a vector error correction model (VECM) for several labour market variables as well as inflation and output the authors produce...
Persistent link: https://www.econbiz.de/10010460430
This article is concerned with the dynamic behaviour of UK unemployment. However, instead of using traditional … suggest that the UK unemployment may be explained in terms of lagged values of the real oil prices and the real interest rate …, with the order of integration of unemployment ranging between 0.50 and 1. Thus, unemployment shows the characteristics of …
Persistent link: https://www.econbiz.de/10010310242