Okun's Law, Development, and Demographics : Differences in the Cyclical Sensitivities of Unemployment Across Economy and Worker Groups /

The negative and stable relationship between an economy's aggregate demand conditions and overall unemployment is well-documented. We show that there is a large degree of heterogeneity in the cyclical sensitivities of unemployment across worker and economy groups. First, unemployment is more th...

Mô tả đầy đủ

Chi tiết về thư mục
Tác giả chính: An, Zidong
Tác giả khác: Bluedorn, John, Ciminelli, Gabriele
Định dạng: Tạp chí
Ngôn ngữ:English
Được phát hành: Washington, D.C. : International Monetary Fund, 2021.
Loạt:IMF Working Papers; Working Paper ; No. 2021/270
Những chủ đề:
Truy cập trực tuyến:Full text available on IMF