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pro vyhledávání: '"Joern Onken"'
Autor:
Laurence Ball, Joern Onken
This paper studies the dynamics of unemployment (u) and its natural rate (u*), with u* measured by real-time estimates for 29 countries from the OECD. We find strong evidence of hysteresis: an innovation in u causes u* to change in the same direction
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::852a89a5aece8821fefd8dc0fe9056dd
https://doi.org/10.3386/w29343
https://doi.org/10.3386/w29343
Autor:
Laurence M. Ball, Joern Onken
Publikováno v:
SSRN Electronic Journal.
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::30bdbcb34bc9693be45dd0ae78139981
https://doi.org/10.2139/ssrn.3940029
https://doi.org/10.2139/ssrn.3940029
Publikováno v:
European Economic Review. 139:103879
We use a simple theoretical framework, a building block of many macroeconomic models, to study the prominently debated relationship between the model parametrisation of the Frisch elasticity and the reduced-form evidence on the elasticity of labour.
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::118fe2a0fa35bfe201b6281a0c95d155
https://doi.org/10.1016/j.euroecorev.2021.103879
https://doi.org/10.1016/j.euroecorev.2021.103879