[Asia Economy Reporter Jeong Dong-hoon] There is a forecast that the employment elasticity, which recorded an all-time high this year, will sharply decline next year. Employment elasticity is the ...

Pune: The city-based Gokhale Institute of Politics and Economics (GIPE) has launched a study to measure how employment responds to economic growth and suggest policies for inclusive job creation.

This note is a reference guide for the unemployment template, an econometric tool that allows researchers to analyze and project labor market indicators for any country with sufficient data coverage.

Our results indicate that the employment response is lower for nationals, who have an estimated short-run elasticity of only 0.15 and a long-run response of 0.7 or less. The elasticity is almost unity ...