IDEAS home Printed from https://ideas.repec.org/
MyIDEAS: Login to save this article or follow this journal

Unemployment Dynamics in the UK

  • Henry, Brian
  • Nixon, James
Registered author(s):

    This paper examines the determinants of unemployment in terms of its statistical correlates. At one extreme unemployment has been viewed as highly trended in the post war period, with the implication that equilibrium unemployment has followed a broadly similar path. Alternatively, unemployment can be viewed as a highly persistent series that departs for long periods from a more stable equilibria. This paper reports on reduced form models of unemployment and suggests that many exogenous variables that have typically been associated with movements in equilibrium unemployment have little explanatory power. Instead, unemployment may be characterised as a near unit root process driven by a mixture of mean shifting I(0) variables. Copyright 2000 by Oxford University Press.

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below under "Related research" whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Article provided by Oxford University Press in its journal Oxford Economic Papers.

    Volume (Year): 52 (2000)
    Issue (Month): 1 (January)
    Pages: 224-47

    as
    in new window

    Handle: RePEc:oup:oxecpp:v:52:y:2000:i:1:p:224-47
    Contact details of provider: Postal: Oxford University Press, Great Clarendon Street, Oxford OX2 6DP, UK
    Fax: 01865 267 985
    Web page: http://oep.oupjournals.org/Email:

    Order Information: Web: http://www.oup.co.uk/journals

    No references listed on IDEAS
    You can help add them by filling out this form.

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    When requesting a correction, please mention this item's handle: RePEc:oup:oxecpp:v:52:y:2000:i:1:p:224-47. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Oxford University Press)

    or (Christopher F. Baum)

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.