Results 111 to 120 of about 19,340 (165)

Unemployment flows, participation, and the natural rate of unemployment: Evidence from turkey

Journal of Macroeconomics, 2020
Abstract We use a parsimonious unobserved components model with flow rates to estimate a time-varying unemployment rate trend for Turkey. Our approach is grounded in the modern theory of labor market search. This trend estimate yields a level that the unemployment rate would converge to in the absence of cyclical shocks that move different flow rates
Şengül, Gönül, Tasci, M.
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State Natural Rates of Unemployment

SSRN Electronic Journal, 2016
I construct estimates for the natural rate of unemployment by state and year from 1981 to 2013. The estimate is conditional on a set of standard public finance variables and state fixed effects. While year fixed effects were used to estimate the model, the year fixed effects are dropped and replaced with a value that forces the national natural rate of
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Friedman’s Characterization of the Natural Rate of Unemployment [PDF]

, 2016
Arguably, of the many pioneering classics authored by Milton Friedman, it is his Presidential Address to the American Economic Association, in December, 1967, published as The Role of Monetary Policy in the AEA, in March, 1968, that may have had the greatest impact in serious policy circles.
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The Natural Rate of Unemployment

1995
For 25 years, theory about the causes of, and possible solutions to, the problem of unemployment has been dominated by Phelps' and Friedman's natural rate of unemployment hypothesis. This postulates that the equilibrium rate of unemployment consistent with steady inflation is determined by structural variables: sustainable reductions in unemployment ...
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The Unnatural “Natural” Rate of Unemployment

Journal of Post Keynesian Economics, 1981
(1981). The Unnatural “Natural” Rate of Unemployment. Journal of Post Keynesian Economics: Vol. 4, No. 1, pp. 25-31.
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Money and the Natural Rate of Unemployment

2000
The prevailing view among economists and policy makers is that money has no impact on production in a longer term characterised by full price and wage flexibility and rational expectations. This book presents a revisionist view of monetary policy and monetary regimes.
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A Model of the Natural Rate of Unemployment

1986
Since the publication of Edmund Phelps' volume, the "new" macroeconomics has treated the labor market as a dynamic process of rational search by unemployed workers for available vacancies. Wages are viewed as at least potentially flexible, though free contracting between workers and firms may lead to fixed wages in the short run.
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The natural rate of unemployment and the unemployment gender gap [PDF]

, 2011
Recent labour market developments include an increase in labour market mismatches, in that high unemployment rates coexist with significant levels of vacancies. This pattern is particularly evident in the US economy, but is also significant within the European Union; it implies that the natural rate of unemployment may rise significantly, thus ...
Maurizio Baussola, Chiara Mussida
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Education and the natural rate of unemployment

Oxford Economic Papers, 2000
We show how changes in the educational composition of the labour force affect both the level and the behaviour over time of aggregate unemployment series. We also demonstrate that if it had not been for such changes, the US unemployment series would look 'European' since the within-group unemployment series all have that same appearance.
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The active role of the natural rate of unemployment

Research in Economics
We propose that the natural rate of unemployment may have an active role in the business cycle, in contrast to a widespread view that the rate is fairly smooth and at most only weakly cyclical. We demonstrate that the tendency to treat the natural rate as near-constant would explain the surprisingly low slope of the Phillips curve.
Robert E. Hall, Marianna Kudlyak
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