sticky prices and equilibrium search unemployment that features a shock to the matching efficiency (or mismatch shock). We … find that this shock is almost irrelevant for unemployment fluctuations in normal times. However, it plays a somewhat … larger role during the Great Recession when it contributes to raise the actual unemployment rate by 1.25 percentage points …

The inverse relationship between unemployment and Gross Domestic Product (GDP) growth, commonly known as Okun’s law … series properties of provincial GDP and unemployment, we specify statiic and dynamic versions of the Okun’s law using VAR and … unemployment sensitivity to GDP shocks. In particular, provinces where economic activity is concentrated and Southern provinces are …

the labour market situation may decrease. Temporal and spatial analysis of the Eurostat data on unemployment has … unequivocally proved that the economic crisis has deepened the differences in the level of unemployment between the individual EU … member countries. However, a similar unemployment data analysis for 77 districts of the CR has lead to the knowledge that, in …

increasing unemployment rate as well as long-term unemployment, etc. Enterprises across the region react on this situation …

Convention specifies the relationship between price and unemployment in terms of the Phillips curve (PC) where … inflation and the rate of unemployment are correlated. This paper uses a variant of the PC that is more consistent with the … unemployment using convention and its variant is tested on Poland, the Czech Republic, Hungary, Estonia, Latvia, Lithuania and the …

large increase in unemployment, with anticipated consequences on economic growth. The main interest is to look for the key …