, greater average firm productivity, a larger formal employment share, and a marginally lower unemployment rate. …

Beveridge (full-employment-consistent) rate of unemployment (BECRU), derived from the unemployment-vacancies relationship. The … BECRU is the level of unemployment that minimises the non-productive use of labour. Based on a novel dataset for the period …. The European unemployment problem emerged in the 1980s and 1990s, as Beveridgean full employment gaps increased. In the …

the US unemployment rate. We perform a deep out-of-sample forecasting comparison analyzing many models that adopt both our … the GI outperform the traditional ones in predicting the monthly unemployment rate, even in most state-level forecasts and … ; US Unemployment ; Time Series Models …

Wages are only mildly cyclical, implying that shocks to labour demand have a larger short-run impact on unemployment …

economies (EMEs) by building a framework with equilibrium unemployment and firm entry that incorporates key elements of the …-employment, labor participation, and unemployment. As a result, the tax generates output and welfare losses. Green technology adoption …

unemployment insurance (UI) program, leading to distortionary taxation. Calibrating the model to the U.S. economy, we find that non …