Bender, Keith A.; Neumann, Rebecca M.; Skåtun, John Douglas - In: Applied Economics 45 (2013) 25, pp. 3625-3636
This article compares the Unemployment Rate (UR) as a measure of inefficiency with several other potential measures across 18 Organization for Economic Co-operation and Development (OECD) countries. Results show that the UR is not a very good measure of relative inefficiency between countries,...