Showing 1 - 10 of 21,824
Persistent link: https://www.econbiz.de/10000953296
Persistent link: https://www.econbiz.de/10000958743
High rates of unemployment entail substantial costs to the working population in terms of reduced subjective well-being. This paper studies the importance of individual economic security, in particular, job security, in workers' well-being by exploiting sector-specific institutional differences...
Persistent link: https://www.econbiz.de/10003713639
Persistent link: https://www.econbiz.de/10003633757
Persistent link: https://www.econbiz.de/10003727655
I apply the Johansen and Swensen (1999, 2004) method of testing exact rational expectations within the cointegrated VAR (Vector Auto-Regressive) model, to testing the New Keynesian (NK) model. This method permits the testing of rational expectation systems, while allowing for non-stationary...
Persistent link: https://www.econbiz.de/10003732137
Persistent link: https://www.econbiz.de/10003756826
Persistent link: https://www.econbiz.de/10003765759