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employment. First, estimates of Okun's Law indicate that the response of Philippine unemployment and visible underemployment to …This paper analyzes why the Philippines' growth performance has improved significantly in recent years. As in the … constant unemployment rate, through the notion of Harrod's natural growth rate and Okun's Law. Kalman filter estimation allows …
Persistent link: https://www.econbiz.de/10012064704
, that is, the rate consistent with a constant unemployment rate and stable inflation. The PRC's natural growth rate displays …
Persistent link: https://www.econbiz.de/10010463576
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unemployment rate in Australia. Okun's law also implies a rate of output growth consistent with stable unemployment, called the …
Persistent link: https://www.econbiz.de/10014035504
basic balance of the Philippines of about 6.5 percent in 2021 (and declining during the years prior to it). This BOPC growth … the BOPC growth rate. The Philippines must lift the constraints that impede a higher growth of exports. In particular, it …
Persistent link: https://www.econbiz.de/10014480233
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The impact of economic fluctuations on the total unemployment rate is widely studied, however, with respect to age- and … gender-specific unemployment, this relationship is not so well examined. We apply the gap version of Okun’s law, aiming to … estimate youth unemployment rate sensitivity to output deviations from its potential level. Additionally, we aim to compare …
Persistent link: https://www.econbiz.de/10012132298
Persistent link: https://www.econbiz.de/10013369345
growth and unemployment in Mexico during the period 2000Q2-2018Q4. The results show that tourism growth is a palliative for … unemployment, whereas unemployment reduces the growth of the tourism sector. The results also show that the relationship between …
Persistent link: https://www.econbiz.de/10012131891
This paper provides new estimates of Okun’s unemployment-output relationship in euro area countries between 1979 and … characterise the literature and that the responsiveness of output to unemployment is driven by idiosyncratic factors in both euro …
Persistent link: https://www.econbiz.de/10015052585