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

), we establish that the unemployment rate, the job separation rate, and the job finding rate exhibit a larger response to … of the state dependence in the unemployment rate, 76 percent for the separation rate and 36 percent for the job finding …

We estimate Okun's law, the negative relationship between output and the unemployment rate, at the sector level for the … coefficients are proportional to the aggregate in all four countries. We also show that the standard deviation of unemployment is …

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 …

This paper re-examines Lilien's sectoral shifts hypothesis for U.S. unemployment. We employ a monthly panel that spans … stationarity of unemployment. Within a framework that takes into account dynamics, parameter heterogeneity and cross …

part-time workers. A one percentage point increase in the unemployment rate led to an average decline in real hourly wages … of new hires are not helpful for understanding the behaviour of unemployment over the business cycle. …