Beschäftigungsschwelle tendenziell rückläufig
The paper estimates Okuns law for countries of the eurozone using paneleconometric methods. Based on the results the minimum growth rate needed for a reduction in unemployment is calculated. In the period under investigation, the minimum growth rate has declined. Actually unemployment will be reduced through economic growth, and the minmum growth rates are lower than in the past. However growth must be accompanied by structural reforms in the labor market.
Year of publication: |
2001-03
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Authors: | Dreger, Christian ; Brautzsch, Hans-Ulrich |
Published in: |
Wirtschaft im Wandel. - Institut für Wirtschaftsforschung Halle (IWH). - Vol. 7.2001, 4, p. 81-85
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Publisher: |
Institut für Wirtschaftsforschung Halle (IWH) |
Saved in:
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