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The Natural Rate of Unemployment Has Increased in the United

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The natural rate of unemployment has increased in the United States and Europe over the last twenty years. What are things that could account for this?


Definitions:

Coupon Rate

The annual interest rate paid by a bond expressed as a percentage of the face value.

Market Rate

The current interest rate offered in the market for securities or loans.

Coupon Rate

The annual interest rate paid by bond issuers on the bond's face value.

Yield To Maturity

The total return anticipated on a bond if the bond is held until it matures, considering all interest payments and the repayment of principal.

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