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-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 …
Persistent link: https://www.econbiz.de/10012389548
The present research provides evidence on the determinants driving the differences in the unemployment-output …
Persistent link: https://www.econbiz.de/10011770741
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/10015097157
, and time periods, separate metaregressions are estimated; one using estimates with the unemployment rate as the dependent … variable, and the other with output as the dependent variable. Our findings indicate that the specification of the underlying … unemployment and economic growth, researchers should bear in mind that there are a number of methodological choices that have …
Persistent link: https://www.econbiz.de/10013163453
lagged, hump-shaped reactions of output, employment and unemployment in each of the analysed countries. … between monetary policy, employment, and unemployment. According to the obtained estimates monetary policy shocks invoked …
Persistent link: https://www.econbiz.de/10011922465
This study focuses on the economic effects of the phenomenon of the electrification of powertrains in passenger cars (e-mobility). The automotive industry is one of the leading sectors in Germany and the country is one of the world's leading car producers. Therefore the economic impact could be...
Persistent link: https://www.econbiz.de/10012111676
growth and its components. In contrast with most studies, we employed the Beveridge Curve to deduce the natural unemployment … production growth rates. The country could not halt the significant deceleration of potential output that began in the 2010s or … demographic trends and persistent structural unemployment. These issues may remain significant in the future. …
Persistent link: https://www.econbiz.de/10015077780
In this paper we evaluate whether the accuracy of Finnish unemployment rate forecasts can be improved by utilising the … information in the flows into and out of unemployment. We compare and contrast different methodologies for constructing the flows …
Persistent link: https://www.econbiz.de/10014574908
as well as inflation and output the authors produce out-of-sample forecasts for 2000/2001. A comparison of these … significant beneficial employment effects of the policy mix. Other shifts were absent and thus cannot explain the outcome. Output …
Persistent link: https://www.econbiz.de/10010460430
successfully utilized for macroeconomic predictions. Specifically, we study unemployment rates and their interconnection with job …-related searches. We show that Google searches enhance nowcasting models of unemployment rates for the Czech Republic and Hungary …
Persistent link: https://www.econbiz.de/10010500514