unemployment GAP. This indicator is useful for policy analysis as it is useful to forecast headline inflation, it also complements …Although the unemployment rate is traditionally used to diagnose the current state of the labor market, this indicator …

the labor market and analyze the transmission of the shocks to the natural rate of unemployment and production. In a first …

This paper analyzes the effects of different labor market institutions on inflation and output volatility. The eurozone …. We use a New Keynesian model with unemployment to predict the effects of different labor market institutions on … on inflation volatility, which can also be rationalized by our theoretical model. …

and inflation volatility ; labor turnover costs ; unemployment benefits ; unemployment ; eurozone …This paper analyzes the effects of different labor market institutions on inflation and output volatility. The eurozone …. We use a New Keynesian model with unemployment to predict the effects of different labor market institutions on …

The objective of this paper is to introduce a new measure of the average duration of unemployment spells using Canadian … unemployment in a non-technical way by focusing on the distinction between it and the average incomplete duration of unemployment … average complete duration of unemployment is a more accurate indicator of prevailing labor market conditions, but some …

This paper examines the robustness of a measure of the average complete duration of unemployment in Canada to a host of … assumptions used in its derivation. In contrast to the average incomplete duration of unemployment, which is a lagging cyclical … that a non steady state estimator would be a valuable compliment to the statistics on unemployment duration that are …

Using newly digitized unemployment insurance claims data we construct a historical monthly unemployment series for U …-level unemployment data, which are only available from January 1976 onwards, and capture consistent patterns in the business cycle. We … use our claims-based unemployment series to examine the evolving pace of post-war unemployment recoveries at the state …

mainly driven via STW. US unemployment rose at an unprecedented rate, but unlike in previous recessions, it was mostly driven …