Structural Unemployment Rate in a Small Open Economy: The Case of Luxembourg (notice n° 468200)

détails MARC
000 -LEADER
fixed length control field 01263cam a2200193 4500500
005 - DATE AND TIME OF LATEST TRANSACTION
control field 20250121053451.0
041 ## - LANGUAGE CODE
Language code of text/sound track or separate title fre
042 ## - AUTHENTICATION CODE
Authentication code dc
100 10 - MAIN ENTRY--PERSONAL NAME
Personal name Durand, Alex
Relator term author
245 00 - TITLE STATEMENT
Title Structural Unemployment Rate in a Small Open Economy: The Case of Luxembourg
260 ## - PUBLICATION, DISTRIBUTION, ETC.
Date of publication, distribution, etc. 2005.<br/>
500 ## - GENERAL NOTE
General note 89
520 ## - SUMMARY, ETC.
Summary, etc. This article seeks to estimate the non-accelerating inflation rate of unemployment (NAIRU) for the small open economy of Luxembourg. In its reduced form, the wage- and price-setting model developed by Layard et al. (1991) allows a definition of the concept of NAIRU (OECD, 2000). Kuttner’s model (1994)–initially defined to determine a measure of potential output– provides a sufficient empirical framework for estimating the indicator(EcfinDG,2002). The estimates obtained tend to show that labor-market tensions, defined as deviations of effective unemployment from NAIRU, help to explain a share of inflation in Luxembourg.
690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN)
Topical term or geographic name as entry element NAIRU
690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN)
Topical term or geographic name as entry element open economy
690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN)
Topical term or geographic name as entry element unobservable components model
786 0# - DATA SOURCE ENTRY
Note Economie & prévision | o 169-170-171 | 3 | 2005-10-01 | p. 105-126 | 0249-4744
856 41 - ELECTRONIC LOCATION AND ACCESS
Uniform Resource Identifier <a href="https://shs.cairn.info/journal-economie-et-prevision-1-2005-3-page-105?lang=en&redirect-ssocas=7080">https://shs.cairn.info/journal-economie-et-prevision-1-2005-3-page-105?lang=en&redirect-ssocas=7080</a>

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