Observable and Unobservable Variables in the Theory of Equilibrium Rate of Unemployment
Heyer, Éric
Observable and Unobservable Variables in the Theory of Equilibrium Rate of Unemployment - 2005.
32
This paper confronts, theoretically and empirically, two estimation methods for the equilibrium rate of unemployment. The introduction of observable variables into the tv-nairu approach and unobservable variables into the structural approach improves these two methods and makes them converge even though their diagnoses differ appreciably in the French case.
Observable and Unobservable Variables in the Theory of Equilibrium Rate of Unemployment - 2005.
32
This paper confronts, theoretically and empirically, two estimation methods for the equilibrium rate of unemployment. The introduction of observable variables into the tv-nairu approach and unobservable variables into the structural approach improves these two methods and makes them converge even though their diagnoses differ appreciably in the French case.
Réseaux sociaux