EconPapers    
Economics at your fingertips  
 

Assessing the Risk of Extreme Unemployment Outcomes

Thomas Cook and Taeyoung Doh

Economic Bulletin, 2019, issue Aug 28, 2019, 4

Abstract: Although the unemployment rate is at a historically low level, many policymakers are nevertheless watching projections for the future unemployment rate closely to evaluate the risk of extreme outcomes. We assess the probabilities of extreme outcomes in the near and medium term and find that the risk of unexpectedly high unemployment three years in the future has declined from its Great Recession peak and remained low over the past three years.

Keywords: Unemployment; Inflation (search for similar items in EconPapers)
JEL-codes: J6 (search for similar items in EconPapers)
Date: 2019
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://www.kansascityfed.org/documents/407/2019-A ... yment%20Outcomes.pdf Full text (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:fip:fedkeb:00008

Ordering information: This journal article can be ordered from
research.library@kc.frb.org

Access Statistics for this article

More articles in Economic Bulletin from Federal Reserve Bank of Kansas City Contact information at EDIRC.
Bibliographic data for series maintained by Zach Kastens (zachary.kastens@kc.frb.org).

 
Page updated 2025-02-10
Handle: RePEc:fip:fedkeb:00008