G2TT
来源类型Discussion paper
规范类型论文
来源IDDP8978
DP8978 Slow Recoveries: A Structural Interpretation
Jordi Gali; Frank Smets; Rafael Wouters
发表日期2012-05-21
出版年2012
语种英语
摘要An analysis of the performance of GDP, employment and other labor market variables following the troughs in postwar U.S. business cycles points to much slower recoveries in the three most recent episodes, but does not reveal any significant change over time in the relation between GDP and employment. This leads us to characterize the last three episodes as slow recoveries, as opposed to jobless recoveries. We use the estimated New Keynesian model in Galí-Smets-Wouters (2011) to provide a structural interpretation for the slower recoveries since the early nineties.
主题International Macroeconomics
关键词Estimated dsge models Jobless recoveries Okun's law U.s. business cycle
URLhttps://cepr.org/publications/dp8978
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/537797
推荐引用方式
GB/T 7714
Jordi Gali,Frank Smets,Rafael Wouters. DP8978 Slow Recoveries: A Structural Interpretation. 2012.
条目包含的文件
条目无相关文件。
个性服务
推荐该条目
保存到收藏夹
导出为Endnote文件
谷歌学术
谷歌学术中相似的文章
[Jordi Gali]的文章
[Frank Smets]的文章
[Rafael Wouters]的文章
百度学术
百度学术中相似的文章
[Jordi Gali]的文章
[Frank Smets]的文章
[Rafael Wouters]的文章
必应学术
必应学术中相似的文章
[Jordi Gali]的文章
[Frank Smets]的文章
[Rafael Wouters]的文章
相关权益政策
暂无数据
收藏/分享

除非特别说明,本系统中所有内容都受版权保护,并保留所有权利。