G2TT
来源类型Discussion paper
规范类型论文
来源IDDP10745
DP10745 Hysteresis and the European Unemployment Problem Revisited
Jordi Gali
发表日期2015-08-02
出版年2015
语种英语
摘要The unemployment rate in the euro area appears to contain a signi?ficant nonstationary component, suggesting that some shocks have permanent e¤ects on that variable. I explore possible sources of this nonstationarity through the lens of a New Keynesian model with unemployment, and assess their empirical relevance.
主题International Macroeconomics and Finance ; Labour Economics ; Monetary Economics and Fluctuations ; Macroeconomics and Growth
关键词Insider-outsider models New keynesian model Unemployment fluctuations Wage phillips curve
URLhttps://cepr.org/publications/dp10745
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/539576
推荐引用方式
GB/T 7714
Jordi Gali. DP10745 Hysteresis and the European Unemployment Problem Revisited. 2015.
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