This paper investigates the relationship between labor force participation rate and unemployment rate in Turkey a … indicate that there is no long-run relationship between labor force participation and unemployment rates in Turkey. Thus …, unlike in the case of the developed countries the unemployment invariance hypothesis is supported in Turkey …

increase in wage inequality, both between and within skill categories, as well as an increase in unemployment, especially among … low-skill workers. Movements in productivity, unemployment and inequality may thus be linked to induced overeducation and …

We examine whether aggregate cost stickiness predicts future macrolevel unemployment rate. We incorporate aggregate … stickiness in recent quarters is followed by a 0.23 to 0.26-percentage-point-lower unemployment rate in the current and following …

This paper applies the panel unit root test proposed by Im, Pesaran and Shin (1997) to test for unemployment hysteresis …

facilitates the analysis of skill-specific institutional changes. A government can influence wages and unemployment of the low …

Long-term unemployment more than doubled during the UK’s Great Recession. Only a small fraction of this persistent … increase can be accounted for by the changing composition of unemployment across personal and work history characteristics … participation flows can account for over two-thirds of the high level of long-term unemployment following the financial crisis …

We consider a dynamic general equilibrium model with collective wage bargaining and investigate how unemployment … unemployment persistence by its adverse impact on growth, and may even destabilize the adjustment path. If this is the case, a … future fiscal consolidation is needed which further raises unemployment. These results are consistent with empirical evidence …

This paper applies the panel unit root test proposed by Im, Pesaran and Shin (1997) to test for unemployment hysteresis …

In this paper we analyze the relationship between unemployment and consumption. We study this relationship with panel … data on households in five countries: Spain, Italy, Germany, Britain, and the US. Our empirical results indicate that an … increase in the duration of unemployment spells of male household heads is associated with smaller consumption losses in …

Worksharing is considered by many as a promising public policy to reduce unemployment. In this paper we present a … evidence for the proposition that worksharing would promote employment or reduce unemployment. In an appendix we present an …