Mossfeldt, Marcus; Osterholm, Par - In: Applied Economics Letters 18 (2011) 7, pp. 637-642
This article estimates the effects of the financial crisis on the Swedish labour market. Using an unobserved components model and an external forecast, we estimate a future path for the Nonaccelerating Inflation Rate of Unemployment (NAIRU). Judging by this analysis, the labour market will be in...