| dc.creator |
Fritsche, Ulrich |
|
| dc.creator |
Logeay, Camille |
|
| dc.date |
2002 |
|
| dc.date.accessioned |
2013-10-16T06:58:03Z |
|
| dc.date.available |
2013-10-16T06:58:03Z |
|
| dc.date.issued |
2013-10-16 |
|
| dc.identifier |
http://hdl.handle.net/10419/18047 |
|
| dc.identifier |
ppn:367726491 |
|
| dc.identifier.uri |
http://koha.mediu.edu.my:8181/xmlui/handle/10419/18047 |
|
| dc.description |
The German unemployment rate shows strong signs if non-stationarity over the course of the previous decades. This is in line with an insider-outsider model under full hysteresis. We applied a "theory-guided view" to the data using the structural VAR model as developed by Balmaseda, Dolado and López-Salido (2000) allowing for full hysteresis on the labour market. Our identification of the model implies long-lasting output gaps for Germany – especially for the disinflation period of the 1980s. |
|
| dc.language |
eng |
|
| dc.publisher |
Deutsches Institut für Wirtschaftsforschung (DIW) Berlin |
|
| dc.relation |
DIW-Diskussionspapiere 312 |
|
| dc.rights |
http://www.econstor.eu/dspace/Nutzungsbedingungen |
|
| dc.subject |
C32 |
|
| dc.subject |
J64 |
|
| dc.subject |
E32 |
|
| dc.subject |
E12 |
|
| dc.subject |
ddc:330 |
|
| dc.subject |
Structural unemployment |
|
| dc.subject |
output gap |
|
| dc.subject |
structural VAR |
|
| dc.subject |
insider-outsider model |
|
| dc.subject |
Strukturelle Arbeitslosigkeit |
|
| dc.subject |
Konjunktur |
|
| dc.subject |
Kapazitätsauslastung |
|
| dc.subject |
Arbeitsmarkt |
|
| dc.subject |
Insider-Outsider-Modell |
|
| dc.subject |
VAR-Modell |
|
| dc.subject |
Schätzung |
|
| dc.subject |
Deutschland |
|
| dc.title |
Structural unemployment and the output gap in Germany : evidence from an SVAR analysis within a hysteresis framework |
|
| dc.type |
doc-type:workingPaper |
|
| dc.coverage |
1970-1990 |
|