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Employment Growth and Labour Market Flexibility in OECD Countries
(Valtion taloudellinen tutkimuskeskus VATT, 1998-01-01)
This paper investigates the adjustment of employment to population shocks in 22 OECD countries over the period 1960 - 1997. Most of the countries have experienced significant population shocks during that period. The speed ...
Cross-country Evidence on a Nonlinear Okun Curve
(Valtion taloudellinen tutkimuskeskus VATT, 2000-12-31)
This paper presents cross-country evidence on a nonlinear Okun curve. The analysis is based on a simple error-correction model of unemployment. The model is estimated using a threshold model estimator. Evidence from 20 ...