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Beyond Okun's law : output growth and labor market flows
Lim, Guay C.; Dixon, Robert E.; Ours, Jan C. van - 2018
Persistent link: https://www.econbiz.de/10012109676
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Beyond Okun's law : output growth and labor market flows
Lim, Guay C.; Dixon, Robert J.; Ours, Jan C. van - 2018
This paper studies the relationship between the change in the unemployment rate and output growth using an approach based on labor market flows. The framework shows why the Okun coefficient may be constant/time-varying and/or symmetric/asymmetric and that the outcome lies with the behavior of...
Persistent link: https://www.econbiz.de/10011940045
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Beyond Okun's law : output growth and labor market flows
Lim, Guay C.; Dixon, Robert J.; Ours, Jan C. van - In: Empirical economics : a quarterly journal of the … 60 (2021) 3, pp. 1387-1409
Persistent link: https://www.econbiz.de/10012490556
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Testing the expectations hypothesis for the Eurozone : a nonlinear cointegration analysis
Araç, Ayşen; Yalta, A. Yasemin - In: Finance research letters 15 (2015), pp. 41-48
Persistent link: https://www.econbiz.de/10011552951
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Efficiency and expectations revisited : a foreign exchange market with Bayesian players
Christodoulakis, Nicos - 1994
Persistent link: https://www.econbiz.de/10013421957
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A probit model for the state of the Greek GDP growth
Degiannakis, Stavros - In: International Journal of Financial Studies : open … 3 (2015) 3, pp. 381-392
The paper provides probability estimates of the state of the GDP growth. A regime-switching model defines the probability of the Greek GDP being in boom or recession. Then probit models extract the predictive information of a set of explanatory (economic and financial) variables regarding the...
Persistent link: https://www.econbiz.de/10011312197
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Output Gap, Inflationary or Deflationary Gap. Evidence from the Greek Economy by Testing the Relationship Between General Government Expenditure and GDP
Guirguis, Michel - 2019
According to the IMF subject information, output gap for advanced economies and specifically Greece is calculated as … regressive taxes, progressive taxes and proportional taxes. Greece has a positive output gap in 2007 of 10.042%. For the same … year, Greece had a structural budget deficit of -10.846%. In 2013, the output gap of Greece was -10.650 %, which means that …
Persistent link: https://www.econbiz.de/10012890743
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Countercyclical endogenous uncertainty shocks, efficiency wages and procyclical precautionary labor productivity
Grandmont, Jean-Michel - 2017
Persistent link: https://www.econbiz.de/10012196341
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Countercyclical endogenous uncertainty shocks, efficiency wages and procyclical precautionary labor productivity
Grandmont, Jean-Michel - 2017 - Revised October 2017
Persistent link: https://www.econbiz.de/10011774730
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Labor productivity slowdown in the developed economies : another productivity puzzle?
Erber, Georg; Fritsche, Ulrich; Harms, Patrick - 2016
The paper addresses the topic of an overall long-term productivity slowdown in labor productivity for a panel of 25 developed countries. Besides studying individual long-term trends of single countries using filtering techniques we also test for multiple structural breakpoints in the long-term...
Persistent link: https://www.econbiz.de/10011532779