| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP105 |
| DP105 The Market for Labour in Interwar Britain | |
| Michael Beenstock; Peter J Warburton | |
| 发表日期 | 1986-04-01 |
| 出版年 | 1986 |
| 语种 | 英语 |
| 摘要 | Using annual data we estimate an econometric model of the interwar labour market in Britain. The model determines aggregate employment, unemployment, the working population and wage rates. The latter are determined via an augmented Phillips Curve, in which the 'natural' rate of unemployment is hypothesised to be influenced, inter alia, by the real level of unemployment benefit. Various counterfactual simulations are conducted to explore the effects of social security policy, monetary policy and the state of the world economy on domestic labour market developments. We find that much, though not all, of the rise in interwar unemployment was an equilibrium phenomenon. |
| 主题 | International Macroeconomics |
| 关键词 | Labour markets United kingdom econometric model |
| URL | https://cepr.org/publications/dp105 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/529261 |
| 推荐引用方式 GB/T 7714 | Michael Beenstock,Peter J Warburton. DP105 The Market for Labour in Interwar Britain. 1986. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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