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...

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Chi tiết về thư mục
Tác giả chính: Bluedorn, John
Tác giả khác: Leigh, Daniel
Định dạng: Tạp chí
Ngôn ngữ:English
Được phát hành: Washington, D.C. : International Monetary Fund, 2019.
Loạt:IMF Working Papers; Working Paper ; No. 2019/114
Truy cập trực tuyến:Full text available on IMF