https://gdpark.blog/tags/unemployment/Recent content in Unemployment on gdpark.blogHugoenThu, 14 Jan 2016 00:00:00 +0000https://gdpark.blog/posts/macroeconomics-04-medium-term-analysis-labor-market/Mon, 11 Jan 2016 00:00:00 +0000https://gdpark.blog/posts/macroeconomics-04-medium-term-analysis-labor-market/We’re done with the short-term goods and financial markets — now we crack open the medium term, which means the labor market and figuring out how wages actually get determined.https://gdpark.blog/posts/macroeconomics-05-wage-setting-and-price-setting/Tue, 12 Jan 2016 00:00:00 +0000https://gdpark.blog/posts/macroeconomics-05-wage-setting-and-price-setting/Picking up where we left off, we graph wage setting and price setting curves to nail down the natural unemployment rate — and yeah, it basically all comes down to markup.https://gdpark.blog/posts/macroeconomics-08-the-phillips-curve-unemployment-and-inflation/Wed, 13 Jan 2016 00:00:00 +0000https://gdpark.blog/posts/macroeconomics-08-the-phillips-curve-unemployment-and-inflation/Diving into the Phillips curve — why the unemployment-inflation trade-off was such a big deal, how we derive it from scratch, and why it totally fell apart in the 70s.https://gdpark.blog/posts/macroeconomics-09-okun-s-law/Thu, 14 Jan 2016 00:00:00 +0000https://gdpark.blog/posts/macroeconomics-09-okun-s-law/We finally tackle Okun’s Law — the bridge between economic growth and unemployment that sets us up to fix the inflation gap in our AD-AS model.