Showing 71 - 80 of 806,435
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. …
Persistent link: https://www.econbiz.de/10009723755
and Income Security (EIS) to strengthen the inclusive function and stabilisation impact of national unemployment insurance …
Persistent link: https://www.econbiz.de/10010357609
Does a country's level of unemployment have an impact on the long-run growth rate? Incorporating unemployment into a … generalised Solow-type growth model yields some answers. In the traditional Solow model, unemployment has no long-run influence on … the growth rate and the level of productivity. The long-run level of productivity is reduced if higher unemployment leads …
Persistent link: https://www.econbiz.de/10011440805
We investigate the controversial issue whether unemployment is related to productivity growth in the long run, using U …. Therefore the secular decline of unemployment since the mid 1990s indeed stemmed from higher average productivity growth. The …
Persistent link: https://www.econbiz.de/10003827158
This article examines whether various macroeconomic policy shocks have different effects on overall unemployment rate … and the unemployment rate by different levels of education in Turkey. These effects are assessed for total, male and … female unemployment rates separately. To examine the relationship, a quarterly VAR model with a recursive order is employed …
Persistent link: https://www.econbiz.de/10002851973
The US economy grew reasonably fast during the last quarter of 2010, and the general expectation is that satisfactory growth will continue in 2011-12. The expansion may, indeed, continue into 2013. But with large deficits in both the government and foreign sectors, satisfactory growth in the...
Persistent link: https://www.econbiz.de/10013128529
During the last decade, economists have shown that the inverse relationship between economic growth and unemployment … are complemented by the calculation of the rate of output growth needed for a stable unemployment rate, as proposed by …
Persistent link: https://www.econbiz.de/10013125831
In most U.S. post-war business cycles, recessions were followed by above trend growth in output and employment. After the last three recessions, however, output and employment growth were sluggish. Economists focusing on employment have described these recoveries as “jobless.” This paper...
Persistent link: https://www.econbiz.de/10013083789
This paper examines the dynamic relationships that exist between output growth and unemployment and assesses the role … support for the hypothesis of non-linearity in the dynamic relationship between output and unemployment. We therefore … dynamic relationship is non-linear and hump-shaped. At unemployment rates below the threshold of 5.5%, the relationship is …
Persistent link: https://www.econbiz.de/10013090369
We investigate the relationship between unemployment and growth in China. We find considerable differences in the … find a hump-shaped relationship between unemployment and our proxy for the speed of reform. The current unemployment in …
Persistent link: https://www.econbiz.de/10013075132