What Drives the NAIRU? Evidence from a Panel of OECD Countries
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 sele...
Main Author: | |
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Other Authors: | , , |
Format: | eBook Section |
Language: | Inglés |
Published: |
Paris :
OECD Publishing
2008.
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Series: | OECD Economics Department Working Papers,
no.649. |
Subjects: | |
See on Biblioteca Universitat Ramon Llull: | https://discovery.url.edu/permalink/34CSUC_URL/1im36ta/alma991009705950006719 |