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A Kalman-Filter Approach to Estimating the Natural Rate of Unemployment

The terms “NAIRU” and “natural rate of unemployment” are not interchangeable. Further, while there is a consensus that the NAIRU represents an empirical macroeconomic relationship, little agreement exists regarding what is meant by the “natural rate of unemployment.” This paper estimates the natural...

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Hlavní autor: Victor V. Claar
Médium: Artigo
Jazyk:Inglês
Vydáno: Faculty of Economics University of Rijeka 2005-08-01
Edice:Zbornik radova Ekonomskog fakulteta u Rijeci : časopis za ekonomsku teoriju i praksu
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On-line přístup:https://www.efri.hr/sites/efri.hr/files/cr-collections/2/victor_claar-1360931480.pdf
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