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unemployment through hysteresis effects that occur through the rise in long-term unemployment. The estimated increase in structural … chomage global resultant de la crise economique peut etre transmis au chomage structurel par des effets d.hysteresis qui se …
Persistent link: https://www.econbiz.de/10008542505
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
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
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
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 … 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
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/10012445291
unemployment through hysteresis effects that occur through the rise in long-term unemployment. The estimated increase in structural …
Persistent link: https://www.econbiz.de/10012447113
This paper analyses the monetary and fiscal policy implications of output gap estimates in times of crisis. The widening of output gaps observed in major OECD economies in the wake of the recent crisis has been mainly due to total factor productivity gaps, except in the United States where it...
Persistent link: https://www.econbiz.de/10011276902