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This paper reviews a number of different methods that can be used to estimate potential output and the output gap. Measures of potential output and the output gap are useful to help identify the scope for sustainable noninflationary growth and to allow an assessment of the stance of...
Persistent link: https://www.econbiz.de/10005605416
techniques we estimate a five-equation model, which includes birth events, union formation, union dissolution, employment and non-employment …. We find that transitions in and out of employment for men are relatively independent of other transitions. In contrast …, there are strong links between female employment, having children and union formation. By undertaking a detailed micro …
Persistent link: https://www.econbiz.de/10011126156