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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
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
law with a focus on the dynamic part of the relationship. We find that the negative relationship between unemployment and … misspecification of the short run unemployment-output relationship. A mixed lag structure indirectly controls for missing explanatory …
Persistent link: https://www.econbiz.de/10012040048
This study considers the nonlinear relationship between GDP growth and unemployment in France (1975-2024) using a … logistic smooth transition regression (LSTR) model. Findings reveal a threshold unemployment rate of 7.93%, above which the … traditional Okun's law holds (GDP growth reduces unemployment). Below this threshold, an inverted Okun's law emerges, where …
Persistent link: https://www.econbiz.de/10015481199
We estimate Okun's law, the negative relationship between output and the unemployment rate, at the sector level for the … coefficients are proportional to the aggregate in all four countries. We also show that the standard deviation of unemployment is …
Persistent link: https://www.econbiz.de/10012841145
We estimate Okun's law, the negative relationship between output and the unemployment rate, at the sector level for the … coefficients are proportional to the aggregate in all four countries. We also show that the standard deviation of unemployment is …
Persistent link: https://www.econbiz.de/10012166007
This paper studies the relationship between the change in the unemployment rate and output growth using an approach …
Persistent link: https://www.econbiz.de/10011940045
Persistent link: https://www.econbiz.de/10012212316
unemployment that is in line with this empirical regularity and the findings for the other emerging markets and regional peers. We … European debt crisis. When investigating whether various expenditure components of GDP may cause different unemployment … improve forecasting of unemployment. …
Persistent link: https://www.econbiz.de/10011981843
unemployment that is in line with other emerging markets and regional peers. We also find that the relationship has been somewhat … components of GDP may cause different unemployment reactions, an important issue that has not been sufficiently addressed in the …
Persistent link: https://www.econbiz.de/10011965249