women), the resilience of employment during recessions, and the dramatic emergence of very-short-term employment contracts …

employment. First, estimates of Okun's Law indicate that the response of Philippine unemployment and visible underemployment to … constant unemployment rate, through the notion of Harrod's natural growth rate and Okun's Law. Kalman filter estimation allows … output growth is very small. However, the response of total underemployment is positive and significant. Second, productivity …

form of involuntary part-time employment and headline unemployment rate. Both indicators have contributed positively to … cumulative core inflation since 2015 but headline unemployment rate much less so. The contribution of trend productivity growth … post-crisis period-has corresponded with slow pass through from declining unemployment rates to faster wage growth. We …