Gianella, Christian; Koske, Isabell; Rusticelli, Elena; … - Economics Department, Organisation de Coopération et … - 2008
This paper analyses the determinants of structural unemployment rates in a two-stage approach. First, time-varying NAIRUs are estimated for a panel of OECD economies on the basis of Phillips curve equations using Kalman filter techniques. In a second stage, the estimated NAIRUs are regressed on...
