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
Lien permanent pour cette publication :
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Ministère/Organisme | Bank of Canada. |
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Titre | An econometric examination of the trend unemployment rate in Canada / by Denis Côté and Doug Hostland. |
Titre de la série | Working paper1192-543496-7 |
Type de publication | Série - Voir l'enregistrement principal |
Langue | [Anglais] |
Format | Papier |
Autres formats offerts | Électronique-[Anglais] |
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 |
Information sur la publication | Ottawa - Ontario : Bank of Canada 1996. |
Reliure | Softcover |
Description | 67p. : graphs, references, tables ; 28 cm. |
ISBN | 0-662-24596-2 |
ISSN | 1192-5434 |
Numéro de catalogue |
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Descripteurs | Unemployment |
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