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An econometric examination of the trend unemployment rate in Canada / by Denis Côté and Doug Hostland.FB3-2/96-7E

This paper attempts to identify the trend unemployment rate, an empirical concept, using cointegration theory. The authors examine whether there is a cointegrating relationship between the observed unemployment rate and various structural factors, focusing neither on the non-accelerating-inflation rate of unemployment (NAIRU), nor on the natural rate of unemployment, but rather on the trend unemployment rate which they define in terms of cointergration.--Abstract

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Publication information
Department/Agency
  • Bank of Canada.
TitleAn econometric examination of the trend unemployment rate in Canada / by Denis Côté and Doug Hostland.
Series title
  • Working paper 1192-5434 96-7
Publication typeMonograph - View Master Record
Language[English]
FormatPhysical text
Other formatsDigital text-[English]
Note(s)
  • "This paper attempts to identify the trend unemployment rate, an empirical concept, using cointegration theory. The authors examine whether there is a cointegrating relationship between the observed unemployment rate and various structural factors, focusing neither on the non-accelerating-inflation rate of unemployment (NAIRU), nor on the natural rate of unemployment, but rather on the trend unemployment rate which they define in terms of cointergration."--Abstract.
  • Résumés en français
Publishing information
  • Ottawa - Ontario : Bank of Canada 1996.
BindingSoftcover
Description67p. : graphs, references, tables ; 28 cm.
ISBN0-662-24596-2
ISSN1192-5434
Catalogue number
  • FB3-2/96-7E
Subject terms
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