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...

पूर्ण विवरण

ग्रंथसूची विवरण
मुख्य लेखक: Bluedorn, John
अन्य लेखक: Leigh, Daniel
स्वरूप: पत्रिका
भाषा:English
प्रकाशित: Washington, D.C. : International Monetary Fund, 2019.
श्रृंखला:IMF Working Papers; Working Paper ; No. 2019/114
ऑनलाइन पहुंच:Full text available on IMF