This article is concerned with the dynamic behaviour of UK unemployment. However, instead of using traditional … suggest that the UK unemployment may be explained in terms of lagged values of the real oil prices and the real interest rate …, with the order of integration of unemployment ranging between 0.50 and 1. Thus, unemployment shows the characteristics of …

In this paper we analyze the sources of German unemployment within a structural vector error correction model (SVECM …, productivity and unemployment which is interpreted as a wage setting relation. From a Subset VECM we identify meaningful structural … shocks and assess their importance for unemployment by impulse response analysis and forecast error variance decompositions …

This paper examines the relationship between unemployment, real oil price and real interest rates in Canada. Instead of …/cointegration techniques which allow for the possibility that unemployment is highly persistent. In line with other studies, we find that all … equilibrium model with highly persistent shocks might be adequate to account for the observed behaviour of unemployment …

In this study we collect information on what economists would suggest for reducing German unemployment. This was done …

panel of outflows, unemployment and vacancy stocks data from the registers at Jobcentres in the UK; these are mapped on to … theory. For example, we find that conditional on local labour market conditions, high unemployment levels in neighbouring … areas raise the number of local filled vacancies but lower the local outflow from unemployment. -- matching model …

increases in unemployment. Put differently, if the competitive market wage declines, why don’t employers simply force their …

This paper estimates the probability distribution of relative county unemployment in Britain for the years 1981 … unemployment transition is defined as a move between a tail and the centre of the distribution (and vice versa). We calculate …) unemployment regions have a higher probability of entering a state of lower (higher) unemployment than a state of higher (lower …

The regional distribution of unemployment rates in the Czech Republic over the transition period is shown to be … characterized by twin peaks, e.g. a high and a low unemployment equilibrium. The emergence of strong regional disparities at the … unemployment to job exits are taken into account and dynamic panel estimators are applied, the Czech matching function is shown to …

This paper evaluates complementarities of labor market institutions and the business cycle in the context of a … production. Furthermore, labor market institutions act in a complementary fashion in generating these effects. -- Business Cycles …