Results 121 to 130 of about 1,914 (193)

Disentangling trend and cycle in the EUR-11 unemployment series [PDF]

A variety of statistical methods and econometric techniques can be used attempting to disentangle the non-cyclical trend component of a time series and its purely cyclical part. This paper serves the purpose to demonstrate the potential contribution from
Fabrice Orlandi, Karl Pichelmann
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Is There an Equilibrium Rate of Unemployment in the Long Run? [PDF]

Distinguishing between profit led and growth led demand regimes, we analyze the conditions of existence and stability of long run equilibrium of unemployment. The model we employ has at its center the relation between growth and distribution.
Engelbert Stockhammer
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Sustainable Capitalism: Full-Employment Flexicurity Growth with Real Wage Rigidities [PDF]

In this paper we present a model of flexicurity capitalism that exhibits a second labor market with the government as an employer of first resort, where all workers not employed by firms in the private sector find meaningful employment.
Alfred Greiner, Christian Proano, Peter Flaschel, Toichiro Asada   +3 more
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Puzzles, paradoxes and regularities: Cyclical and structural productivity in the US (1950 - 2005) [PDF]

, 2007
Changes in labor productivity have been a source of puzzlement and paradoxical results for economists. We suggest that puzzles and paradoxes vanish once two simple regularities are properly acknowledged. Okun and Verdoorn's Laws explain 87 percent of all
Jeon, Yongbok, Vernengo, Matías
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Econometric Analysis of Interdependence between Economic Growth and Unemployment in China (1978-2006)

RUDN Journal of Economics, 2008
Econometric analysis of interdependence between economic growth and unemployment in China 1978-2006 is described. It is shown that Okun's law is not valid for China's transition period.
I M Promakhina, - Wang Lulu
doaj  

Dynamics of Output and Employment in the U.S. Economy [PDF]

This paper investigates the changing relationship between employment and real output in the U.S. economy from 1948 to 2010 both at the aggregate level and at some major industry-grouping levels of disaggregation. Real output is conventionally measured as
Deepankar Basu, Duncan K. Foley
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Exploring the impact of automation on employment during expansions and contractions: An examination of Okun’s Law

International Labour Review
This article examines the impact of robotization on the short-term correlation between employment and output. We estimate the Okun’s Law relationship utilizing panel data from 35 OECD countries for the period from 1996 to 2020.
Joanna SIWINSKA-GORZELAK, Michal BRZOZOWSKI   +1 more
doaj   +2 more sources

COVID-19 and the Okun’s law: the case of Ghana1

Cogent Economics & Finance
The Covid 19 pandemic was a strong shock that plummeted into the entire interconnected economic activities of the world. As a result of the lockdown associated with the pandemic, the economies of the world were affected through restrictions like lockdown
Amaama Abdul Malik, Asad Ul Islam Khan
doaj   +1 more source

Unemployment and Potential Output in the 1980s [PDF]

macroeconomics, output, 1980s ...
Robert J. Gordon
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Employment Growth, Inflation and Output Growth: Was Phillips Right? Evidence from a Dynamic Panel [PDF]

In this paper we analyse the short- and long-run relationship between employment growth, inflation and output growth in Phillips’ tradition. For this purpose we apply FMOLS, DOLS, PMGE, MGE, DFE, and VECM methods to a nonstationary heterogeneous dynamic ...
Guglielmo Maria Caporale, Marinko Škare
core   +3 more sources