New Evidenceon Cyclical and Structural Sources of Unemployment /

We provide cross-country evidence on the relative importance of cyclical and structural factors in explaining unemployment, including the sharp rise in U.S. long-term unemployment during the Great Recession of 2007-09. About 75% of the forecast error variance of unemployment is accounted for by cycl...

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Bibliografske podrobnosti
Glavni avtor: Chen, Jinzhu
Drugi avtorji: Kannan, Prakash, Loungani, Prakash, Trehan, Bharat
Format: Revija
Jezik:English
Izdano: Washington, D.C. : International Monetary Fund, 2011.
Serija:IMF Working Papers; Working Paper ; No. 2011/106
Online dostop:Full text available on IMF