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Variables observables et inobservables dans la théorie du taux de chômage d'équilibre. Une comparaison France/États-Unis

  • Éric Heyer
  • Frédéric Reynès
  • Henri Sterdyniak

This paper confronts, theoretically and empirically, two estimation methods for the equilibrium rate of unemployment. The introduction of observable variables into the tv-nairu approach and unobservable variables into the structural approach improves these two methods and makes them converge even though their diagnoses differ appreciably in the French case.

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Article provided by Presses de Sciences-Po in its journal Revue économique.

Volume (Year): 56 (2005)
Issue (Month): 3 ()
Pages: 593-603

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Handle: RePEc:cai:recosp:reco_563_0593
Contact details of provider: Web page: http://www.cairn.info/revue-economique.htm

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