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The equilibrium rate of unemployment : a theoretical discussion and an empirical evaluation for six OECD countries

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  • Odile Chagny

    (Centre Etudes & Prospective)

  • Frédéric Reynès

    (OFCE (OFCE))

  • Henri Sterdyniak

    (OFCE)

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File URL: http://spire.sciencespo.fr/hdl:/2441/1905/resources/wp2002-04.pdf
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Bibliographic Info

Paper provided by Sciences Po in its series Sciences Po publications with number n°2002-04.

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Date of creation: Apr 2002
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Handle: RePEc:spo:wpmain:info:hdl:2441/1905

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References

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  1. Olivier Blanchard & Justin Wolfers, 1999. "The Role of Shocks and Institutions in the Rise of European Unemployment: The Aggregate Evidence," NBER Working Papers 7282, National Bureau of Economic Research, Inc.
  2. Layard, Richard & Nickell, Stephen & Jackman, Richard, 2005. "Unemployment: Macroeconomic Performance and the Labour Market," OUP Catalogue, Oxford University Press, number 9780199279173, September.
  3. Olivier J. Blanchard & Lawrence H. Summers, 1986. "Hysteresis And The European Unemployment Problem," NBER Chapters, in: NBER Macroeconomics Annual 1986, Volume 1, pages 15-90 National Bureau of Economic Research, Inc.
  4. Henri Delessy & Philippine Cour & Hervé Le Bihan & Henri Sterdyniak, 1997. "Le taux de chômage d'équilibre, anciennes et nouvelles approches," Sciences Po publications info:hdl:2441/5268, Sciences Po.
  5. Belot, M.V.K. & Ours, J.C. van, 2001. "Unemployment and labor market institutions: An empirical analysis," Open Access publications from Tilburg University urn:nbn:nl:ui:12-89213, Tilburg University.
  6. Henri Sterdyniak & Michèle Debonneuil, 1984. "La boucle prix-salaires dans l'inflation," Revue Économique, Programme National Persée, vol. 35(2), pages 267-312.
  7. Olivier Jean Blanchard & Lawrence Katz, 1999. "Wage Dynamics: Reconciling Theory and Evidence," NBER Working Papers 6924, National Bureau of Economic Research, Inc.
  8. Gordon, Robert J, 1996. "The Time-varying NAIRU and its Implications for Economic Policy," CEPR Discussion Papers 1492, C.E.P.R. Discussion Papers.
  9. Henri Delessy & Philippine Cour & Hervé Le Bihan & Henri Sterdyniak, 1997. "Le taux de chômage d'équilibre, anciennes et nouvelles approches," Sciences Po publications info:hdl:2441/5268, Sciences Po.
  10. repec:wop:humbsf:2001-49 is not listed on IDEAS
  11. Silvia Fabiani & Alberto Locarno & Gian Paolo Oneto & Paolo Sestito, 1997. "NAIRU: Incomes Policy and Inflation," OECD Economics Department Working Papers 187, OECD Publishing.
  12. den Haan, Wouter J. & Haefke, Christian & Ramey, Garey, 2001. "Shocks and Institutions in a Job Matching Model," University of California at San Diego, Economics Working Paper Series qt7x3544bn, Department of Economics, UC San Diego.
  13. Broer, D.P. & Draper, D.A.G. & Huizinga, F.H., 2000. "The equilibrium rate of unemployment in the Netherlands," Open Access publications from Tilburg University urn:nbn:nl:ui:12-383721, Tilburg University.
  14. C Bean, 1992. "European Unemployment: A Survey," CEP Discussion Papers dp0071, Centre for Economic Performance, LSE.
  15. Loïc Cadiou & Stéphanie Guichard, 1999. "Marchés du travail en Europe : Quelles conséquences pour l'Union Monétaire," Working Papers 1999-10, CEPII research center.
  16. Burda, Michael C. & Weder, Mark, 2001. "Complementarity of labor market institutions, equilibrium unemployment and the propagation of business cycles," HWWA Discussion Papers 138, Hamburg Institute of International Economics (HWWA).
  17. Blanchard, O & Katz, L, 1996. "What We Know and Do Not Know about the Natural Rate of Unemployment," Working papers 96-29, Massachusetts Institute of Technology (MIT), Department of Economics.
  18. Assar Lindbeck, 1993. "Unemployment and Macroeconomics," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262121751, December.
  19. Brown, W. & Wadhwani, S., 1990. "The Economic Effects Of Industrial Relations Legislation Since 1979," Papers 376, London School of Economics - Centre for Labour Economics.
  20. Loïc Cadiou & Stéphanie Guichard & Mathilde Maurel, 1999. "La diversité des marchés du travail en Europe : Quelles conséquences pour l'Union Monétaire," Working Papers 1999-11, CEPII research center.
  21. Michael Bruno & Jeffrey D. Sachs, 1985. "Economics of Worldwide Stagflation," NBER Books, National Bureau of Economic Research, Inc, number brun85-1, July.
  22. Soskice, David, 1990. "Wage Determination: The Changing Role of Institutions in Advanced Industrialized Countries," Oxford Review of Economic Policy, Oxford University Press, vol. 6(4), pages 36-61, Winter.
  23. Yannick L’Horty & Christophe Rault, 2003. "Les causes du chômage en France. Une ré-estimation du modèle ws-ps," Revue économique, Presses de Sciences-Po, vol. 54(2), pages 271-294.
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Cited by:
  1. repec:spo:wpecon:info:hdl:2441/1904 is not listed on IDEAS
  2. Eric Heyer & Frederic Reynes & Henri Sterdyniak, 2004. "Observable and unobservable variables in the theory of the equilibrium rate of unemployment, a comparison between France and the United States," Documents de Travail de l'OFCE 2004-06, Observatoire Francais des Conjonctures Economiques (OFCE).
  3. Antoine Bouveret & Bruno Ducoudré, 2007. "On the contingency of equilibrium exchange rates with time- consistent economic policies," Documents de Travail de l'OFCE 2007-08, Observatoire Francais des Conjonctures Economiques (OFCE).
  4. Alistair Dieppe & Jerome Henry & Peter Mc Adam, . "Labour market dynamics in the euro area: A model-based sensitivity analysis," Modeling, Computing, and Mastering Complexity 2003 09, Society for Computational Economics.
  5. Heyer, Eric & Reynes, Frederic & Sterdyniak, Henri, 2007. "Structural and reduced approaches of the equilibrium rate of unemployment, a comparison between France and the United States," Economic Modelling, Elsevier, vol. 24(1), pages 42-65, January.
  6. Noé N'Semi & Aurélien Gaimon & Maël Theulière & Vincent Lapegue & Frédéric Reynès & Paola Veroni, 2007. "Does the interaction between shocks and institutions solve the OECD unemployment puzzle ? A theoretical and empirical appraisal," Sciences Po publications 2007-34, Sciences Po.

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