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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP4962 |
DP4962 How Changes in Benefits Entitlement Affect the Duration of Unemployment | |
Jan C. van Ours; Milan Vodopivec | |
发表日期 | 2005-03-23 |
出版年 | 2005 |
语种 | 英语 |
摘要 | One of the most extended empirical stylized facts about output dynamics in the United States is the positive autocorrelation of output growth. This paper shows that the positive autocorrelation can be better captured by shifts between business cycle states rather than by the standard view of autoregressive coefficients. This result is extremely robust to different non-linear alternative models and also applies not only to output, but also to the most relevant macroeconomic variables. |
主题 | International Macroeconomics |
关键词 | Business cycles Output growth Time series |
URL | https://cepr.org/publications/dp4962 |
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/533861 |
推荐引用方式 GB/T 7714 | Jan C. van Ours,Milan Vodopivec. DP4962 How Changes in Benefits Entitlement Affect the Duration of Unemployment. 2005. |
条目包含的文件 | 条目无相关文件。 |
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