The presence of discontinuities in the January rounds of Philippine Unemployment Data from 1981-2006 is investigated by … an abrupt change in unemployment rates in the mid-1980s and in 2005-2006. The former may reflect the political and … unemployment adopted in 2005 …

Downward wage rigidity is central to many explanations of unemployment fluctuations. In benchmark models, the wage for … changes at the job level. When wages do change, they fall infrequently. Second, when unemployment rises, wages do not fall … — but wages do rise strongly as unemployment falls. We show prior strategies cannot detect downward rigidity due to job …

In this work the precision and stability of the forecasts of Chile's unemployment rates are analyzed. Said models were … the signs of persistence that the unemployment indicator shows in its behavior; nevertheless, starting from the estimation … obtained, which empirically upholds the proposal of addressing the unemployment rate as a non stationary series. The evaluation …

at risk in the euro area and in the United States. We model the asymmetry of the shocks to changes in the unemployment … the unemployment rate displays time-varying volatility and skewness, with peaks coinciding with the Global Financial … risk defined as the possible joint event of large increases in the unemployment rate and large annual rates of inflation …

Using U.S. real-time data, we show that changes in the unemployment rate unexplained by Okun's Law have significant … a change in potential GDP, the equilibrium unemployment rate, or the use of labor's intensive margin. …

In this paper, we assess several methods that have been used to measure the Canadian trend unemployment rate (TUR). We … extent to which methods provide explanations for changes in trend unemployment; (ii) whether revisions to unemployment gap … (UGAP, the difference between the actual unemployment rate and TUR) estimates are well behaved; (iii) if UGAPs provide …

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 …

In this paper we study international linkages when forecasting unemployment rates in a sample of 24 OECD economies. We … propose a Global Unemployment Factor (GUF) and test its predictive ability considering in-sample and out-of-sample exercises … information to predict domestic unemployment rates, at least for these last seven countries …

characterize the responses of vacancy creation and unemployment. Vacancies decline in response to the shock when firms expect … the unemployment rate peaks at 19.7%, 2 months after the shock, and takes 1 year to return to 5%. Relative to a scenario … without the shock, unemployment uncertainty rises by a factor of 11. Nonlinear methods are crucial. In the linear economy, the …