We investigate both theoretically and empirically how unemployment level and its growth affect future stock returns. We … find that both a higher unemployment rate and higher growth of unemployment positively predict future stock market returns … reinforce each other making stock returns exceptionally high in periods of high unemployment and high unemployment growth. Our …

This paper analyses how labour market heterogeneity affects unemployment, productivity and business cycle dynamics that … skilled workers increases the natural rate of unemployment and reduces total factor productivity with long- run effects on the … Beveridge curves. Skill-specific labour market heterogeneity leads to a attening of the Phillips curve as wages and unemployment …

weight to the deviation in unemployment rate, and moderate weights are assigned to the deviation in the inflation rate, the … money supply, money velocity, and the unemployment rate. Thus, five parameters, i.e. weights assigned to the deviation in … the inflation rate, the deviation in real GDP (Gross Domestic Product), the deviation in money supply, the deviation in …

This paper examines the role of money supply in determining unemployment rate in Nigeria. We employ a nonlinear … autoregressive distributed lag (NARDL) model to examine the pass-through effect of the growth in money supply into unemployment rate … long-run responses of unemployment rates to the positive and negative money supply growth shocks. Our result suggests that …

such as unemployment. Previous studies indicate that monetary policy affects the output gap only at business cycle … frequencies, but the effects on unemployment may well be more persistent in countries with highly regulated labor markets. We … study the Swedish experience of unemployment and monetary policy. Using a structural VAR we find that around 30 percent of …

such as unemployment. Previous studies indicate that monetary policy affects the output gap only at business cycle … frequencies, but the effects on unemployment may well be more persistent in countries with highly regulated labor markets. We … study the Swedish experience of unemployment and monetary policy. Using a structural VAR we find that around 30 percent of …

such as unemployment. Previous studies indicate that monetary policy affects the output gap only at business cycle … frequencies, but the effects on unemployment may well be more persistent in countries with highly regulated labor markets. We … study the Swedish experience of unemployment and monetary policy. Using a structural VAR we find that around 30 percent of …

, especially for the low-skilled, who saw stagnant wages but a robust decline in unemployment …