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predict unemployment in Spain. We include a new predictor for Spanish unemployment based on internet information provided by … queries and unemployment. Besides that, the inclusion of internet activity enhances model's prediction performance …
Persistent link: https://www.econbiz.de/10012868954
This paper develops new estimates of flows into and out of unemployment that allow for unobserved heterogeneity across … workers as well as direct effects of unemployment duration on unemployment-exit probabilities. Unlike any previous paper in … shocks to the short-run, medium-run, and long-run variance of unemployment as well as to specific historical episodes. We …
Persistent link: https://www.econbiz.de/10012855699
state-level initial unemployment insurance claims, changes in the unemployment rate, and changes in private employment. The …
Persistent link: https://www.econbiz.de/10012842419
disaggregate unemployment and in the cross-sectional differences across individuals of the duration of unemployment spells. The …-space model of Ahn and Hamilton (2016). I found that the contribution of each factor to the dynamics of disaggregate unemployment …
Persistent link: https://www.econbiz.de/10013210435
unemployment rate in Australia. Okun's law also implies a rate of output growth consistent with stable unemployment, called the … growth of potential output. Our estimates of potential output growth are imprecise and fluctuate over time. A recent estimate …
Persistent link: https://www.econbiz.de/10014035504
order to best nowcast US initial unemployment claims in spring of 2020 in the midst of the COVID-19 pandemic. We show that …
Persistent link: https://www.econbiz.de/10014095550
We evaluate the effects of outsourcing and wage solidarity on wage formation andequilibrium unemployment in a …
Persistent link: https://www.econbiz.de/10005863113
We study both the various consequences and the incentives of outsourcing. We argue thatthe wage elasticity of labour demand is increasing as a function of the share of outsourcing,which is importantly a result consistent with existing empirical research...
Persistent link: https://www.econbiz.de/10005863250
The literature on unemployment has mostly focused on labor market issues while the impact of capital formation is …
Persistent link: https://www.econbiz.de/10010300343
Almost all institutions - employment protection legislation, unions, wages, wage structure, unemployment insurance, etc … persistent unemployment in Europe. US labor market institutions, assumed to leave markets unfettered, became the benchmark for … unemployment has shielded away from the policy of central banks. Actually, however, the institutional setup regarding monetary …
Persistent link: https://www.econbiz.de/10010291094