Fitzenberger, Bernd; Franz, Wolfgang; Bode, Oliver - In: Journal of Economics and Statistics (Jahrbuecher fuer … 228 (2008) 5+6, pp. 465-496
This paper provides new estimates of a time-varying NAIRU for Germany taking account of the structural break caused by German unification using two alternative estimators, the Kalman-Filter and the partially linearmodel. Estimating a standard Phillips curve, the sumof coefficients associated...