This paper argues that the natural rate of unemployment hypothesis, in which equilibrium unemployment is determined by …, equilibrium unemployment is haunted by hysteresis. The curious history of the natural rate hypothesis is considered, curious … evidence regarding hysteresis effects on output and unemployment is then reviewed. …

main quantitative indicator of labor market conditions. Long-term unemployment decreased substantially in the years after … the reform, and the trend of continuously increasing systemic unemployment was reversed. At the same time, the extreme … stress that youth unemployment in the country is among the lowest in Europe. The evidence from several qualitative indicators …

This paper restates the post-Keynesian view of unemployment within a NAIRU framework. In the short run, the private … unemployment performance. We provide econometric evidence that the post-Keynesian view holds up well in the recession following the …

Studies on health effects of unemployment usually neglect spillover effects on spouses. This study specifically … investigates the effect of an individual’s unemployment on the mental health of their spouse. In order to allow for causal … heterogeneity. Using German Socio- Economic Panel Study data the paper reveals that unemployment decreases the mental health of …

This paper proposes an empirical method for estimating a long-run trend for the unemployment rate that is grounded in … the modern theory of unemployment. I write down an unobserved-components model and identify the cyclical and trend … components of the underlying unemployment flows, which in turn imply a timevarying estimate of the unemployment trend, the …

observed volatility of unemployment and vacancies extends beyond U.S. data to a set of OECD countries. We also argue that using …

The objective of the work consists in analyzing the phenomenon of unemployment, a phenomenon which is becoming more and … assessing the unemployment of the Hunedoara county level. The main purpose is carrying out a comparative study of the number of …