Persistent unemployment after recessions and the policies required to bring it down are the subject of an ongoing … unemployment, requiring the implementation of structural policy reforms. The alternative view is that the slow recovery of the … economy is due to cyclic reasons coming from lack of demand which prevents unemployment from falling quickly. Knowing whether …

activation schemes bear different effects on unemployment in low- and high-interest rate environments. There is also evidence of …

activation schemes bear different effects on unemployment in low- and high-interest rate environments. There is also evidence of …

(IMF) failed to predict the inflation surge during 2021-2023. The output gap, the unemployment gap, the New Keynesian …

unemployment. The optimal policy response to the efficient labor market shock changes when real wages are sticky but remains …