IDEAS home Printed from https://ideas.repec.org/a/rjr/romjef/vy2000i2p63-77.html
   My bibliography  Save this article

Estimating The Expected Unemployment As A Function Of The Speed Of Restructuring – The Case Of Romania

Author

Listed:
  • Agapie, Adriana

    (Institute for Economic Forecasting, Romanian Academy, Bucharest)

Abstract

The paper presents an econometric estimation for the Aghion and Blanchard (1994) model of the speed of transition for the case of Romania. All the econometric estimations were done by means of three stochastic optimization algorithms (RGS, RSGBOOT and SA), after preliminary Monte Carlo experiments were performed on each particular function involved. The results confirm that in fact an attempt to real privatization started no sooner than 1997. The paper ends with an estimation of the expected inflation, as function of the speed of restructuring, in the NAIRU framework.

Suggested Citation

  • Agapie, Adriana, 2000. "Estimating The Expected Unemployment As A Function Of The Speed Of Restructuring – The Case Of Romania," Journal for Economic Forecasting, Institute for Economic Forecasting, vol. 0(2), pages 63-77, June.
    • Handle: RePEc:rjr:romjef:v::y:2000:i:2:p:63-77
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below 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.

    More about this item

    Keywords

    unemployment; transition; optimization algorithm; Monte Carlo; NAIRU;
    All these keywords.

    JEL classification:

    • C61 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Optimization Techniques; Programming Models; Dynamic Analysis
    • E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:rjr:romjef:v::y:2000:i:2:p:63-77. See general information about how to correct material in RePEc.

    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.

    We have no bibliographic references for this item. You can help adding them by using 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 RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Corina Saman (email available below). General contact details of provider: https://edirc.repec.org/data/ipacaro.html .

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

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.