inflation. Among other things, the unemployment gap, which is the difference between unemployment rate and non …-accelerating inflation rate of unemployment (NAIRU), is used to measure inflationary pressure from the labour market. This paper examines … revisional property of the NAIRU is also examined, as well as the forecast capacity of the unemployment gap with regard to wages …

The COVID-19 pandemic has upended the U.S. economy and labor market. We assess the initial spike in unemployment due to … the virus response and possible paths for the official unemployment rate through 2021. Substantial uncertainty surrounds … the path for measured unemployment, depending on the path of the virus and containment measures and their impact on …

This paper studies the relationship between labor market institutions and policies and labor market performance using a … econometric analysis implies that institutions matter for labor market outcomes, and that deregulation of labor markets improves … their performance. The analysis also suggests several significant interactions between different institutions, which are in …

Individual unemployment spells are frequently interrupted by short casual employment, by participation in active labour … market policy (ALMP) measures or by periods outside the labour force. Such episodes end unemployment spells but afterwards … problem of being without a "real" job in the longer run. To better grasp this problem of repeated unemployment we analyse …