Browsing Economic and Social Review by Author "Hatzinikolaou, Dimitris"
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A Reduced-form Equation for the Unemployment Rate Estimated from a Panel of Nineteen OECD Countries
Hatzinikolaou, Dimitris; Girtzimani, Konstantina; Mousafiris, Christos (Economic & Social Studies, Dublin, 2015)Using a dynamic fixed-effects model for a panel of nineteen OECD countries and annual aggregate data, 1970-2008, we estimate a reduced-form equation for the observed unemployment rate. We find that wage-push factors, such ...