G2TT
来源类型Discussion paper
规范类型论文
来源IDDP4962
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
URLhttps://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.
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