Employment and asset prices

C-Tier
Journal: Applied Economics
Year: 2012
Volume: 44
Issue: 26
Pages: 3343-3355

Score contribution per author:

1.005 = (α=2.01 / 1 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

A medium-term relationship exists between share prices, normalized by labour productivity, and the rate of unemployment in the Organization for Economic Co-operation and Development (OECD) countries. This helps explain decadal changes in mean unemployment, such as the shift to higher mean unemployment in the Continental European countries in the 1970s and 1980s that coincided with a fall in the level of share prices, as well as differences in mean unemployment between countries.

Technical Details

RePEc Handle
repec:taf:applec:44:y:2012:i:26:p:3343-3355
Journal Field
General
Author Count
1
Added to Database
2026-01-29