Hysteresis in Labor Markets? : Evidence from Professional Long-Term Forecasts /

We explore the long-term impact of economic booms on labor market outcomes using a novel approach based on revisions to professional forecasts over the past 30 years for 34 advanced economies. We find that when employment rises unexpectedly, forecasters typically raise their long-term forecasts of e...

Cur síos iomlán

Sonraí bibleagrafaíochta
Príomhchruthaitheoir: Bluedorn, John
Rannpháirtithe: Leigh, Daniel
Formáid: IRIS
Teanga:English
Foilsithe / Cruthaithe: Washington, D.C. : International Monetary Fund, 2019.
Sraith:IMF Working Papers; Working Paper ; No. 2019/114
Rochtain ar líne:Full text available on IMF