English, Article, Journal or magazine article edition: Is there a NAIRU for the Netherlands?, Albert van der Horst; Jan Jacobs; Lambert Schoonbeek,

User activity

Share to:
 
Bookmark: http://trove.nla.gov.au/version/69276
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Is there a NAIRU for the Netherlands?,
Author
  • Albert van der Horst
  • Jan Jacobs
  • Lambert Schoonbeek,
Physical Description
  • preprint
Notes
  • The Non-Accelerating Inflation Rate of Unemployment (NAIRU) is an appealing theoretical concept with strong macroeconomic policy implications. In practice, NAIRU's can be computed from estimated wage and price equations running in growth rates or in levels. In this paper we specify and estimate wage and price equations that enable NAIRU computation using quarterly data for the Netherlands over the period 1978 up to and including 1993. Our results are disappointing: the elementary requirements of economic plausibility and statistical significance prohibit NAIRU computation for the Netherlands. The specification of the estimated equations, i.e. in growth rates or in levels, does not matter in this respect.
  • unemployment, NAIRU, Phillips curve, wage level equation
  • RePEc:wop:ccsowp:0028
Language
  • English
Contributed by
OAIster

Get this edition

Other links

  • Set up My libraries

    How do I set up "My libraries"?

    In order to set up a list of libraries that you have access to, you must first login or sign up. Then set up a personal list of libraries from your profile page by clicking on your user name at the top right of any screen.

  • All (1)
  • Unknown (1)
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.

User activity


e.g. test cricket, Perth (WA), "Parkes, Henry"

Separate different tags with a comma. To include a comma in your tag, surround the tag with double quotes.

Be the first to add a tag for this edition

Be the first to add this to a list

Comments and reviews

What are comments? Add a comment

No user comments or reviews for this version

Add a comment