inflation. Among other things, the unemployment gap, which is the difference between unemployment rate and non …-accelerating inflation rate of unemployment (NAIRU), is used to measure inflationary pressure from the labour market. This paper examines … revisional property of the NAIRU is also examined, as well as the forecast capacity of the unemployment gap with regard to wages …

disaggregate unemployment and in the cross-sectional differences across individuals of the duration of unemployment spells. The …-space model of Ahn and Hamilton (2016). I found that the contribution of each factor to the dynamics of disaggregate unemployment …

This paper presents a general-equilibrium model of Innovation, endogenous growth, and unemployment in a disaggregated … economy. Unemployment is analyzed w ithin a dual labor market setting, where the labor market is consisting of a primary high … the economy's growth rate and the equilibrium unemployment rate. It can be shown in comparative static analyses, that the …

increased flow into unemployment in a recession is mainly due to reduced hirings, and hence lower job-to-job transitions, rather …

We consider the problem of measuring transition probabilities across employment, unemployment and inactivity when …

This paper introduces the age structure of the population into the analysis of medium term unemployment swings. We … incorporate age-related features into the Shapiro-Stiglitz shirking model and find that the observed age pattern of unemployment … particular the ageing of the baby-boom generation - has caused OECD wide unemployment to be 50 basis points lower than what it …

The U.S. economy continues to be characterized by a persistently-high rate of unemployment, with at least another three … years before attainment of the pre-recession unemployment rate.Six significant structural trends are identified and their … force”. And the detrimental effect of long-term unemployment is a structural impediment to becoming well-positioned to …