Showing 1 - 10 of 8,457
Persistent link: https://www.econbiz.de/10011805484
The structural rate of unemployment and associated non-accelerating inflation rate of unemployment (the NAIRU) are of … representing the NAIRU as currently used by the OECD in its policy analysis and surveillance work. Three distinct classes of NAIRU … applied ...<BR><P>Les concepts de taux de chômage structurel et NAIRU (<I>non accelerating inflation rate of unemployment …
Persistent link: https://www.econbiz.de/10005046182
the unemployment benefit replacement rate also play an important role in explaining changes in the NAIRU although there is … explanation of NAIRU dynamics over the period 1978-2003, even though recent decreases are better explained than the earlier surge. …
Persistent link: https://www.econbiz.de/10012445623
This paper provides new estimates of a time-varying NAIRU for Germany taking account of the structural break caused by … inflation rates is employed. Therefore, either the NAIRU concept is not applicable to Germany or, as it is our suggestion, one … inflation target put forward by the European Central Bank. The estimates presented in this paper suggest that the NAIRU …
Persistent link: https://www.econbiz.de/10008596551
The global recession is likely to results in higher structural unemployment for some time in many OECD countries. This paper assesses how the shock to aggregate unemployment as a result of the economic crisis may be transmitted to structural unemployment through hysteresis effects that occur...
Persistent link: https://www.econbiz.de/10008542505
the unemployment benefit replacement rate also play an important role in explaining changes in the NAIRU although there is … explanation of NAIRU dynamics over the period 1978-2003, even though recent decreases are better explained than the earlier surge ….<P>Quels déterminants du NAIRU ? Évidence empirique à partir d'un panel de pays de l'OCDE<BR>Cette étude analyse les déterminants du taux de …
Persistent link: https://www.econbiz.de/10005045881
The structural rate of unemployment and associated non-accelerating inflation rate of unemployment (the NAIRU) are of … representing the NAIRU as currently used by the OECD in its policy analysis and surveillance work. Three distinct classes of NAIRU …
Persistent link: https://www.econbiz.de/10012444864
since the late 1990s. Structural unemployment is defined as a time-varying NAIRU derived from the information contained in a … revisions in historical NAIRU estimated in 2008 after such a large labour market shock support the robustness of the OECD … la fin des années 1990. Le chômage structurel est défini comme à un NAIRU variant dans le temps et dérivé de l …
Persistent link: https://www.econbiz.de/10009394361
Economists often seek to estimate unobserved variables, representing “equilibrium” or “expected” values of economic variables, as benchmarks against which observed, realised values of these variables may be evaluated. Such comparisons are often used as economic policy indicators, for...
Persistent link: https://www.econbiz.de/10005045689
-observable variables as output gap, the NAIRU and the core infflation. The unknown parameters are estimated by maximun likelihood using a …
Persistent link: https://www.econbiz.de/10008468252