that allows us to unveil the different dynamic behaviour of the relationship between the output gap and the unemployment … unemployment gap to the output gap is due to two main factors: i. the flows from the labour force to the outside of the labour … force are larger in Andalusia; ii. The higher share of the farm unemployment in Andalusia. …

The impact of economic fluctuations on the total unemployment rate is widely studied, however, with respect to age- and … gender-specific unemployment, this relationship is not so well examined. We apply the gap version of Okun’s law, aiming to … estimate youth unemployment rate sensitivity to output deviations from its potential level. Additionally, we aim to compare …

with a SVAR model by inspecting how unemployment responds to the state of the economy. We show that deviations from Okun …

law with a focus on the dynamic part of the relationship. We find that the negative relationship between unemployment and … misspecification of the short run unemployment-output relationship. A mixed lag structure indirectly controls for missing explanatory …

This paper studies the relationship between the change in the unemployment rate and output growth using an approach …

law with a focus on the dynamic part of the relationship. We find that the negative relationship between unemployment and … misspecification of the short run unemployment-output relationship. A mixed lag structure indirectly controls for missing explanatory …

that long-term unemployment is only weakly related to inflation depends on the assumption of linearity in the Phillips … curve. Specifically, once convexity is allowed for during the estimation process, long-term unemployment appears to have a … significant negative influence on wage inflation, whereas in a linear Phillips curve model it is only the short-term unemployment …