For effective economic growth, intentional “creation” of unemployment is required to be followed up by its «elimination …». From Okun’s law one can infer an interesting corollary: growing unemployment without reducing GDP increases the economy … unemployment. However strange it may seem, but the economic problems of modern Russia have the same root cause. …

-09 recession, US employment is on average around 1% below the level implied by the long run output-employment relationship, meaning …

This paper provides a new and useful framework for developing various models to investigate the output-unemployment …

implied by the long run output–employment relationship, meaning that about 1.2million of the trend employment loss cannot be …

For effective economic growth, intentional “creation” of unemployment is required to be followed up by its «elimination …». From Okun’s law one can infer an interesting corollary: growing unemployment without reducing GDP increases the economy … unemployment. However strange it may seem, but the economic problems of modern Russia have the same root cause. …

Empirical evidence on the effect of defense spending on US output is at best mixed. Against this backdrop, this paper … the literature to analyze the effect of defense spending on output. Finally, given that the FAVAR model was found … relied upon more for the analysis of the impact of defense spending on US output. …

The objective of this research is to examine the relationship between human capital and output in Ecuador through … with output in this country. Finally, we find that there is a unidirectional Granger (1988) causality from human capital to … output and from human capital to physical capital. One implication of economic policy derived from this research is that an …

This paper examines the impact of public sector borrowings on prices, interest rates, and output in Nigeria. It … general price level and output. …