Selaus asiasanan mukaan kokoelmassa Talouspolitiikan arviointineuvosto
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Beveridgean unemployment gap in Finland
Economic Policy Council Background Report (Talouspolitiikan arviointineuvosto, 01.02.2023)Following a recently proposed sufficient statistics approach that builds on the socially optimal trade-off between vacancies and unemployment along the empirical Beveridge curve, we study the efficient unemployment rate ... -
Demand Side Hysteresis in Finland - What Can We Learn from SVARs?
Economic Policy Council Background Report (Talouspolitiikan arviointineuvosto, 26.01.2022)We study whether aggregate demand shocks have long-run effects on output and employment using data for Finland and a number of other European economies. We use a recently proposed identification strategy that combines sign ...