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220928 ||| eng |
020 |
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|a 9781616356040
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100 |
1 |
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|a An, Zidong
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245 |
0 |
0 |
|a Okun's Law, Development, and Demographics: Differences in the Cyclical Sensitivities of Unemployment Across Economy and Worker Groups
|c Zidong An, John Bluedorn, Gabriele Ciminelli
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260 |
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|a Washington, D.C.
|b International Monetary Fund
|c 2021
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300 |
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|a 22 pages
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651 |
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4 |
|a United States
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653 |
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|a Economic & financial crises & disasters
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653 |
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|a Women
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653 |
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|a Gender studies; women & girls
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653 |
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|a Labour; income economics
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653 |
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|a Employment; Economic theory
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653 |
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|a Economics of Gender
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653 |
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|a Non-labor Discrimination
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653 |
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|a Unemployment: Models, Duration, Incidence, and Job Search
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653 |
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|a Economics: General
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653 |
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|a Aggregate Labor Productivity
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653 |
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|a Unemployment
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653 |
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|a Informal sector; Economics
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653 |
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|a Cyclical unemployment
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653 |
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|a Demand and Supply of Labor: General
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653 |
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|a Particular Labor Markets: General
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653 |
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|a Aggregate Human Capital
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653 |
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|a Labor
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653 |
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|a Economics of specific sectors
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653 |
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|a Labor Force and Employment, Size, and Structure
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653 |
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|a Informal Economy
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653 |
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|a Currency crises
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653 |
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|a Labor force participation
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653 |
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|a Labor market
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653 |
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|a Macroeconomics
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653 |
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|a Underground Econom
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653 |
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|a Wages
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653 |
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|a Intergenerational Income Distribution
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653 |
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|a Labor Standards: Labor Force Composition
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653 |
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|a Women''s Studies'
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653 |
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|a Employment
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653 |
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|a Gender
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700 |
1 |
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|a Bluedorn, John
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700 |
1 |
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|a Ciminelli, Gabriele
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041 |
0 |
7 |
|a eng
|2 ISO 639-2
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989 |
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|b IMF
|a International Monetary Fund
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490 |
0 |
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|a IMF Working Papers
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028 |
5 |
0 |
|a 10.5089/9781616356040.001
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856 |
4 |
0 |
|u https://elibrary.imf.org/view/journals/001/2021/270/001.2021.issue-270-en.xml?cid=506819-com-dsp-marc
|x Verlag
|3 Volltext
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082 |
0 |
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|a 330
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520 |
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|a 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 than twice as sensitive to aggregate demand in advanced as in emerging market and developing economies. Second, youth’s unemployment is twice as sensitive as that of adults’. Third, women’s unemployment is significantly less sensitive to demand than men’s in advanced economies. These findings point to the highly unequal impacts of the business cycle across worker and economy groups
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