How should one measure the natural rate of unemployment? This paper proposes a systems procedure as an alternative to NAIRU. The natural rate is treated as an unobserved state variable in a system that includes measurement equations for the unemployment rate, the rate of wage growth and the rate of
โฆ LIBER โฆ
A TIME-SERIES TEST OF THE NATURAL-RATE HYPOTHESIS
โ Scribed by Paul Evans
- Book ID
- 111039382
- Publisher
- John Wiley and Sons
- Year
- 1980
- Tongue
- English
- Weight
- 613 KB
- Volume
- 1
- Category
- Article
- ISSN
- 0143-9782
No coin nor oath required. For personal study only.
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