Dynamic Unemployment along Recessions and Recoveries: The U.S. Experience 1968 – 2015
Journal of Applied Business and Economics
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Title |
Dynamic Unemployment along Recessions and Recoveries: The U.S. Experience 1968 – 2015
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Creator |
Annala, Christopher
Gu, Anthony Yanxiang |
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Description |
This research examines the dynamics of the unemployment rate and jobless recoveries in The United States. We find that GDP, productivity, and inflation are positively related to employment recovery and real wage growth has a negative impact on employment recovery. A low inflation rate is a major factor associated with lengthened recoveries. The unemployment rate is significantly negatively related with productivity, real wage, and lagged GDP growth. Rising imports as a percentage of GDP put upward pressure on the unemployment rate. We find that unknown and unmeasurable factors associated with recessions are positively related to the unemployment rate.
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Publisher |
North American Business Press
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Date |
2018-07-01
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Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion |
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Format |
application/pdf
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Identifier |
https://articlegateway.com/index.php/JABE/article/view/324
10.33423/jabe.v20i2.324 |
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Source |
Journal of Applied Business and Economics; Vol 20 No 2 (2018)
1499-691X 10.33423/jabe.v20i2 |
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Language |
eng
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Relation |
https://articlegateway.com/index.php/JABE/article/view/324/285
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Rights |
Copyright (c) 2018 Journal of Applied Business and Economics
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