-related variables accounts for changes (rises) in the Okun's parameter in the US in recent decades. Accordingly, the unemployment gap is … increasingly associated with a smaller output gap. Whilst the Great Recession accelerated that rise, the bulk of the change …

-related variables accounts for changes (rises) in the Okun's parameter in the US in recent decades. Accordingly, the unemployment gap is … increasingly associated with a smaller output gap. Whilst the Great Recession accelerated that rise, the bulk of the change …

pressures, increase in competitiveness, and higher output. A rational expectation and a learning version of the ECB’s New Multi … institutions, in the above countries the adjustment should be expected to deliver output gains less quickly than in the Baltic …

at risk in the euro area and in the United States. We model the asymmetry of the shocks to changes in the unemployment … the unemployment rate displays time-varying volatility and skewness, with peaks coinciding with the Global Financial … risk defined as the possible joint event of large increases in the unemployment rate and large annual rates of inflation …

pressures, increase in competitiveness, and higher output. A rational expectation and a learning version of the ECB's New Multi … institutions, in the above countries the adjustment should be expected to deliver output gains less quickly than in the Baltic …

at risk in the euro area and in the United States. We model the asymmetry of the shocks to changes in the unemployment … the unemployment rate displays time-varying volatility and skewness, with peaks coinciding with the Global Financial … risk defined as the possible joint event of large increases in the unemployment rate and large annual rates of inflation …

This paper studies the dynamics of unemployment (u) and its natural rate (u*), with u* measured by real-time estimates …

We quantify the degree of persistence in unemployment rates of transition countries using a variety of methods … unit roots in unemployment. Since this is potentially a narrow definition, we also take into account the existence of … structural breaks and non-linear dynamics in unemployment. Finally, we examine whether CEECs' unemployment presents features of …