is applied to a bivariate VAR of output growth and changes in the unemployment rate for the US economy. The nonlinearity … is found to be statistically significant only in the unemployment equation and it transmits to GNP through the cross …

The literature on unemployment has mostly focused on labor market issues while the impact of capital formation is …

labour market (e.g. Layard, Nickell and Jackman, 1991) imply that equilibrium unemployment is independent of the capital … returns to capital increase. Using this assumption, we show that equilibrium unemployment depends on the capital stock over a …

is applied to a bivariate VAR of output growth and changes in the unemployment rate for the US economy. …

effect of a change in the GNP gap on the unemployment rate varies from -0.280 in 1969.1 to -0.801 in 1982.4; the effect is … larger (smaller) when the unemployment rate is higher (lower); and the linear form can be rejected at the 1 percent level. To … reduce the unemployment rate by one percentage point in 1982.Q4, the author may overestimate the increase in actual real GNP …

be Pareto-distributed. In the limiting case where the unemployment rate goes to zero, the aggregate production function … market conditions such as unemployment and workers' reservation wage. I simulate the model and examine its predictions for …

same which knows more the precarious employment, the underemployment and the recurrent unemployment. Moreover, one observes …

The objective of this paper is to measure the impact of economic growth on unemployment in the Jordanian economy in the … long-run effect on unemployment. …

it, I use a few alternative methods. As a dependent variable I use the gap of the unemployment rate while the independent …