what we actually have observed is a distinct pattern of employment deindustrialization rather than a severe decline in the … this article, I reassess the role of the manufacturing industry in the overall economy’s production growth and employment … GDP does not exhibit a long run declining trend as it does in other advanced countries. Secondly, I show that employment …

We study changes in the plucking behavior of employment growth, as well as changes in its relationship with the output …. For most countries, we see significant evidence in favor of structural changes in the response coefficients of employment …. However, we also find evidence in favor of heterogeneity across countries, both in the responses of employment to employment …

The literature on unemployment has mostly focused on labor market issues while the impact of capital formation is … largely neglected. Job-creation is often thought to be a matter of encouraging more employment on a given capital stock. In … employment. It is shown that the usual trade off between employment and wages disappears in the long run. In line with an …

Prior to 2020, the Great Recession was the most important macroeconomic shock to the United States economy in …

the manufacturing sector is continuously growing, manufacturing employment levels are decreasing; this pattern first … emerged in the 1990s, lasting for a decade. The decoupling of output and employment in the manufacturing industry is atypical … compared to the commonly stylized facts showing that both employment and output grow together in the long run and decline …

This paper studies the relationship between the change in the unemployment rate and output growth using an approach …

The trade-off between output and unemployment has become an essential part of modern macroeconomics and is known as … Okun's law. However, in transition and emerging markets economies' context, the output-employment nexus has a much more … transition) countries to find out a discrepancy between the output and employment growth. Therefore, the employment elasticity …