The concept, policy use and measurement of structural unemployment: estimating a time varying NAIRU across 21 OECD countries
Gespeichert in:
| Format: | Buch |
|---|---|
| Sprache: | English |
| Veröffentlicht: |
Paris
OECD
2000
|
| Schriftenreihe: | OECD working papers
8,34 |
| Schlagworte: | |
| Online-Zugang: | Inhaltsverzeichnis |
| Beschreibung: | 75 S. graph. Darst. |
Internformat
MARC
| LEADER | 00000nam a2200000 cb4500 | ||
|---|---|---|---|
| 001 | BV013323764 | ||
| 003 | DE-604 | ||
| 005 | 20030326 | ||
| 007 | t | ||
| 008 | 000901s2000 d||| |||| 00||| eng d | ||
| 035 | |a (OCoLC)247582942 | ||
| 035 | |a (DE-599)BVBBV013323764 | ||
| 040 | |a DE-604 |b ger |e rakwb | ||
| 041 | 0 | |a eng | |
| 049 | |a DE-20 |a DE-703 |a DE-706 | ||
| 050 | 0 | |a HD72 | |
| 084 | |a QV 202 |0 (DE-625)142139: |2 rvk | ||
| 088 | |a ECO/WKP(2000)23 | ||
| 245 | 1 | 0 | |a The concept, policy use and measurement of structural unemployment |b estimating a time varying NAIRU across 21 OECD countries |c by Pete Richardson ... |
| 264 | 1 | |a Paris |b OECD |c 2000 | |
| 300 | |a 75 S. |b graph. Darst. | ||
| 336 | |b txt |2 rdacontent | ||
| 337 | |b n |2 rdamedia | ||
| 338 | |b nc |2 rdacarrier | ||
| 490 | 1 | |a Organisation for Economic Co-operation and Development / Economics Department: Working papers |v 250 | |
| 490 | 1 | |a OECD working papers |v 8,34 | |
| 610 | 2 | 7 | |a OECD |0 (DE-588)5157-3 |2 gnd |9 rswk-swf |
| 650 | 4 | |a Chômage structurel - Pays de l'Organisation de coopération et de développement économiques - Modèles économétriques | |
| 650 | 4 | |a Mathematisches Modell | |
| 650 | 4 | |a Ökonometrisches Modell | |
| 650 | 4 | |a Inflation (Finance) |z OECD countries |x Econometric models | |
| 650 | 4 | |a Structural unemployment |z OECD countries |x Econometric models | |
| 650 | 4 | |a Unemployment |x Effect of inflation on |z OECD countries |x Mathematical models | |
| 650 | 0 | 7 | |a Schätzung |0 (DE-588)4193791-0 |2 gnd |9 rswk-swf |
| 650 | 0 | 7 | |a Strukturelle Arbeitslosigkeit |0 (DE-588)4183791-5 |2 gnd |9 rswk-swf |
| 689 | 0 | 0 | |a OECD |0 (DE-588)5157-3 |D b |
| 689 | 0 | 1 | |a Strukturelle Arbeitslosigkeit |0 (DE-588)4183791-5 |D s |
| 689 | 0 | 2 | |a Schätzung |0 (DE-588)4193791-0 |D s |
| 689 | 0 | |5 DE-604 | |
| 700 | 1 | |a Richardson, Pete |e Sonstige |4 oth | |
| 810 | 2 | |a Economics Department: Working papers |t Organisation for Economic Co-operation and Development |v 250 |w (DE-604)BV008310407 |9 250 | |
| 830 | 0 | |a OECD working papers |v 8,34 |w (DE-604)BV010346216 |9 8,34 | |
| 856 | 4 | 2 | |m HBZ Datenaustausch |q application/pdf |u http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=009086261&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |3 Inhaltsverzeichnis |
| 943 | 1 | |a oai:aleph.bib-bvb.de:BVB01-009086261 | |
Datensatz im Suchindex
| _version_ | 1812974146873720832 |
|---|---|
| adam_text |
ECO/WKP(2000)23
TABLE OF CONTENTS
THE CONCEPT, POLICY USE AND MEASUREMENT OF STRUCTURAL UNEMPLOYMENT:
ESTIMATING A TIME VARYING NAIRU ACROSS 21 OECD COUNTRIES 4
Introduction and Summary 4
1. The conceptual framework 6
2. The use of the NAIRU in a policy context 10
2.1 Monetary policy and inflation 10
2.2 Fiscal policy and medium term assessment 12
2.3 Structural policy assessment 13
3. Revised NAIRU estimates and their policy implications 13 '
3.1 Empirical results 15
3.2 The implications of revised NAIRU estimates for inflation and monetary policies 21
4. Limitations of the approach and the scope for further work 28
APPENDIX: THE THEORETICAL FRAMEWORK 30
The structural model 30
Price setting 30
Wage setting 31
Labour supply 31
The different concepts of NAIRUs and the Philips curve equation 32
TECHNICAL ANNEX 34
Introduction 34
1. Review of recent empirical studies of the NAIRU 34
1.1 Structural methods 34
1.2 Purely statistical methods 36
1.3 The reduced form approach 37
2. Empirical framework and estimation procedures 40
2.1 The Phillips curve framework 40
2.2 The choice of inflation and supply shock variables 40
2.3 The Kalman and Hodrick Prescott multivariate filters 41
2.4 Determining the smoothness of the NAIRU 44
2.5 End point adjustment 46
2.6 Estimation procedures 46
3. Comparative estimation results for 21 OECD countries 47
3.1 The estimation results 47
3.2 Comparing HPMV and Kalman filter estimates of the NAIRU 48
3.3 Measures of uncertainty • 51
3.4 Comparing preliminary new estimates with previous OECD measures 51
ANNEX TABLES AND FIGURES 53
BIBLIOGRAPHY 68
3 |
| any_adam_object | 1 |
| building | Verbundindex |
| bvnumber | BV013323764 |
| callnumber-first | H - Social Science |
| callnumber-label | HD72 |
| callnumber-raw | HD72 |
| callnumber-search | HD72 |
| callnumber-sort | HD 272 |
| callnumber-subject | HD - Industries, Land Use, Labor |
| classification_rvk | QV 202 |
| ctrlnum | (OCoLC)247582942 (DE-599)BVBBV013323764 |
| discipline | Wirtschaftswissenschaften |
| format | Book |
| fullrecord | <?xml version="1.0" encoding="UTF-8"?><collection xmlns="http://www.loc.gov/MARC21/slim"><record><leader>00000nam a2200000 cb4500</leader><controlfield tag="001">BV013323764</controlfield><controlfield tag="003">DE-604</controlfield><controlfield tag="005">20030326</controlfield><controlfield tag="007">t</controlfield><controlfield tag="008">000901s2000 d||| |||| 00||| eng d</controlfield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(OCoLC)247582942</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(DE-599)BVBBV013323764</subfield></datafield><datafield tag="040" ind1=" " ind2=" "><subfield code="a">DE-604</subfield><subfield code="b">ger</subfield><subfield code="e">rakwb</subfield></datafield><datafield tag="041" ind1="0" ind2=" "><subfield code="a">eng</subfield></datafield><datafield tag="049" ind1=" " ind2=" "><subfield code="a">DE-20</subfield><subfield code="a">DE-703</subfield><subfield code="a">DE-706</subfield></datafield><datafield tag="050" ind1=" " ind2="0"><subfield code="a">HD72</subfield></datafield><datafield tag="084" ind1=" " ind2=" "><subfield code="a">QV 202</subfield><subfield code="0">(DE-625)142139:</subfield><subfield code="2">rvk</subfield></datafield><datafield tag="088" ind1=" " ind2=" "><subfield code="a">ECO/WKP(2000)23</subfield></datafield><datafield tag="245" ind1="1" ind2="0"><subfield code="a">The concept, policy use and measurement of structural unemployment</subfield><subfield code="b">estimating a time varying NAIRU across 21 OECD countries</subfield><subfield code="c">by Pete Richardson ...</subfield></datafield><datafield tag="264" ind1=" " ind2="1"><subfield code="a">Paris</subfield><subfield code="b">OECD</subfield><subfield code="c">2000</subfield></datafield><datafield tag="300" ind1=" " ind2=" "><subfield code="a">75 S.</subfield><subfield code="b">graph. Darst.</subfield></datafield><datafield tag="336" ind1=" " ind2=" "><subfield code="b">txt</subfield><subfield code="2">rdacontent</subfield></datafield><datafield tag="337" ind1=" " ind2=" "><subfield code="b">n</subfield><subfield code="2">rdamedia</subfield></datafield><datafield tag="338" ind1=" " ind2=" "><subfield code="b">nc</subfield><subfield code="2">rdacarrier</subfield></datafield><datafield tag="490" ind1="1" ind2=" "><subfield code="a">Organisation for Economic Co-operation and Development / Economics Department: Working papers</subfield><subfield code="v">250</subfield></datafield><datafield tag="490" ind1="1" ind2=" "><subfield code="a">OECD working papers</subfield><subfield code="v">8,34</subfield></datafield><datafield tag="610" ind1="2" ind2="7"><subfield code="a">OECD</subfield><subfield code="0">(DE-588)5157-3</subfield><subfield code="2">gnd</subfield><subfield code="9">rswk-swf</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Chômage structurel - Pays de l'Organisation de coopération et de développement économiques - Modèles économétriques</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Mathematisches Modell</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Ökonometrisches Modell</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Inflation (Finance)</subfield><subfield code="z">OECD countries</subfield><subfield code="x">Econometric models</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Structural unemployment</subfield><subfield code="z">OECD countries</subfield><subfield code="x">Econometric models</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Unemployment</subfield><subfield code="x">Effect of inflation on</subfield><subfield code="z">OECD countries</subfield><subfield code="x">Mathematical models</subfield></datafield><datafield tag="650" ind1="0" ind2="7"><subfield code="a">Schätzung</subfield><subfield code="0">(DE-588)4193791-0</subfield><subfield code="2">gnd</subfield><subfield code="9">rswk-swf</subfield></datafield><datafield tag="650" ind1="0" ind2="7"><subfield code="a">Strukturelle Arbeitslosigkeit</subfield><subfield code="0">(DE-588)4183791-5</subfield><subfield code="2">gnd</subfield><subfield code="9">rswk-swf</subfield></datafield><datafield tag="689" ind1="0" ind2="0"><subfield code="a">OECD</subfield><subfield code="0">(DE-588)5157-3</subfield><subfield code="D">b</subfield></datafield><datafield tag="689" ind1="0" ind2="1"><subfield code="a">Strukturelle Arbeitslosigkeit</subfield><subfield code="0">(DE-588)4183791-5</subfield><subfield code="D">s</subfield></datafield><datafield tag="689" ind1="0" ind2="2"><subfield code="a">Schätzung</subfield><subfield code="0">(DE-588)4193791-0</subfield><subfield code="D">s</subfield></datafield><datafield tag="689" ind1="0" ind2=" "><subfield code="5">DE-604</subfield></datafield><datafield tag="700" ind1="1" ind2=" "><subfield code="a">Richardson, Pete</subfield><subfield code="e">Sonstige</subfield><subfield code="4">oth</subfield></datafield><datafield tag="810" ind1="2" ind2=" "><subfield code="a">Economics Department: Working papers</subfield><subfield code="t">Organisation for Economic Co-operation and Development</subfield><subfield code="v">250</subfield><subfield code="w">(DE-604)BV008310407</subfield><subfield code="9">250</subfield></datafield><datafield tag="830" ind1=" " ind2="0"><subfield code="a">OECD working papers</subfield><subfield code="v">8,34</subfield><subfield code="w">(DE-604)BV010346216</subfield><subfield code="9">8,34</subfield></datafield><datafield tag="856" ind1="4" ind2="2"><subfield code="m">HBZ Datenaustausch</subfield><subfield code="q">application/pdf</subfield><subfield code="u">http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=009086261&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA</subfield><subfield code="3">Inhaltsverzeichnis</subfield></datafield><datafield tag="943" ind1="1" ind2=" "><subfield code="a">oai:aleph.bib-bvb.de:BVB01-009086261</subfield></datafield></record></collection> |
| id | DE-604.BV013323764 |
| illustrated | Illustrated |
| indexdate | 2024-10-15T10:07:59Z |
| institution | BVB |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-009086261 |
| oclc_num | 247582942 |
| open_access_boolean | |
| owner | DE-20 DE-703 DE-706 |
| owner_facet | DE-20 DE-703 DE-706 |
| physical | 75 S. graph. Darst. |
| publishDate | 2000 |
| publishDateSearch | 2000 |
| publishDateSort | 2000 |
| publisher | OECD |
| record_format | marc |
| series | OECD working papers |
| series2 | Organisation for Economic Co-operation and Development / Economics Department: Working papers OECD working papers |
| spelling | The concept, policy use and measurement of structural unemployment estimating a time varying NAIRU across 21 OECD countries by Pete Richardson ... Paris OECD 2000 75 S. graph. Darst. txt rdacontent n rdamedia nc rdacarrier Organisation for Economic Co-operation and Development / Economics Department: Working papers 250 OECD working papers 8,34 OECD (DE-588)5157-3 gnd rswk-swf Chômage structurel - Pays de l'Organisation de coopération et de développement économiques - Modèles économétriques Mathematisches Modell Ökonometrisches Modell Inflation (Finance) OECD countries Econometric models Structural unemployment OECD countries Econometric models Unemployment Effect of inflation on OECD countries Mathematical models Schätzung (DE-588)4193791-0 gnd rswk-swf Strukturelle Arbeitslosigkeit (DE-588)4183791-5 gnd rswk-swf OECD (DE-588)5157-3 b Strukturelle Arbeitslosigkeit (DE-588)4183791-5 s Schätzung (DE-588)4193791-0 s DE-604 Richardson, Pete Sonstige oth Economics Department: Working papers Organisation for Economic Co-operation and Development 250 (DE-604)BV008310407 250 OECD working papers 8,34 (DE-604)BV010346216 8,34 HBZ Datenaustausch application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=009086261&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis |
| spellingShingle | The concept, policy use and measurement of structural unemployment estimating a time varying NAIRU across 21 OECD countries OECD working papers OECD (DE-588)5157-3 gnd Chômage structurel - Pays de l'Organisation de coopération et de développement économiques - Modèles économétriques Mathematisches Modell Ökonometrisches Modell Inflation (Finance) OECD countries Econometric models Structural unemployment OECD countries Econometric models Unemployment Effect of inflation on OECD countries Mathematical models Schätzung (DE-588)4193791-0 gnd Strukturelle Arbeitslosigkeit (DE-588)4183791-5 gnd |
| subject_GND | (DE-588)5157-3 (DE-588)4193791-0 (DE-588)4183791-5 |
| title | The concept, policy use and measurement of structural unemployment estimating a time varying NAIRU across 21 OECD countries |
| title_auth | The concept, policy use and measurement of structural unemployment estimating a time varying NAIRU across 21 OECD countries |
| title_exact_search | The concept, policy use and measurement of structural unemployment estimating a time varying NAIRU across 21 OECD countries |
| title_full | The concept, policy use and measurement of structural unemployment estimating a time varying NAIRU across 21 OECD countries by Pete Richardson ... |
| title_fullStr | The concept, policy use and measurement of structural unemployment estimating a time varying NAIRU across 21 OECD countries by Pete Richardson ... |
| title_full_unstemmed | The concept, policy use and measurement of structural unemployment estimating a time varying NAIRU across 21 OECD countries by Pete Richardson ... |
| title_short | The concept, policy use and measurement of structural unemployment |
| title_sort | the concept policy use and measurement of structural unemployment estimating a time varying nairu across 21 oecd countries |
| title_sub | estimating a time varying NAIRU across 21 OECD countries |
| topic | OECD (DE-588)5157-3 gnd Chômage structurel - Pays de l'Organisation de coopération et de développement économiques - Modèles économétriques Mathematisches Modell Ökonometrisches Modell Inflation (Finance) OECD countries Econometric models Structural unemployment OECD countries Econometric models Unemployment Effect of inflation on OECD countries Mathematical models Schätzung (DE-588)4193791-0 gnd Strukturelle Arbeitslosigkeit (DE-588)4183791-5 gnd |
| topic_facet | OECD Chômage structurel - Pays de l'Organisation de coopération et de développement économiques - Modèles économétriques Mathematisches Modell Ökonometrisches Modell Inflation (Finance) OECD countries Econometric models Structural unemployment OECD countries Econometric models Unemployment Effect of inflation on OECD countries Mathematical models Schätzung Strukturelle Arbeitslosigkeit |
| url | http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=009086261&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |
| volume_link | (DE-604)BV008310407 (DE-604)BV010346216 |
| work_keys_str_mv | AT richardsonpete theconceptpolicyuseandmeasurementofstructuralunemploymentestimatingatimevaryingnairuacross21oecdcountries |