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The ins and outs of unemployment in the long run : unemployment flows and the natural rate

Tasci, Murat - 2012 - This version: October 2012, First version: August 2010

This paper proposes an empirical method for estimating a long-run trend for the unemployment rate that is grounded in the modern theory of unemployment. I write down an unobserved components model and identify the cyclical and trend components of the underlying unemployment flows, which in turn...

Persistent link: https://www.econbiz.de/10009668477

Unemployment flows, participation and the natural rate for Turkey

Sengul, Gonul; Tasci, Murat - 2014

This paper measures flow rates into and out of unemployment for Turkey and uses these rates to estimate the unemployment rate trend, that is the level of the unemployment rate the economy converges to in the long-run. In doing so, the paper explores the role of the labor force participation in...

Persistent link: https://www.econbiz.de/10010241307

Examining the unemployment invariance hypothesis : the case of Australia

Phuong Nguyen Van - In: The Australian economic review 49 (2016) 1, pp. 54-58

Persistent link: https://www.econbiz.de/10011491762

Unemployment flows, participation, and the natural rate for Turkey

Sengul, Gonul; Tasci, Murat - 2014

Persistent link: https://www.econbiz.de/10010423444

Institutions and macroeconomic performance : central bank independence, labour market institutions and the perspectives for inflation and employment in the European Monetary Union

Hein, Eckhard - 2001

Starting from a Post-Keynesian model in which employment is determined by effective demand and the NAIRU is viewed as a … limit to employment, enforced by monetary policy reacting upon conflict inflation, the effects of central bank independence … and labour market institutions on macroeconomic performance are considered and the perspectives for employment and …

Persistent link: https://www.econbiz.de/10010486809