A look at jobless recoveries in G7 countries

ERN: Other Macroeconomics: Prices(2020)

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摘要
•We study if the nature of recoveries in employment has changed over time.•Account for output gap uncertainty, for real-time data.•Significant changes in employment plucking and link between employment and output.•Slower recoveries in employment for most countries.•Cross-country comparisons show substantial heterogeneity across countries.
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关键词
Nonlinear business cycles,Employment,G7,Joblessness,Plucking
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