Structural unemployment vs. NAWRU: implications for the assessment of the cyclical position and the fiscal stance

Julia Lendvai, Matteo Salto and Anna Thum-Thysen

No 552, European Economy - Economic Papers 2008 - 2015 from Directorate General Economic and Financial Affairs (DG ECFIN), European Commission

Abstract: This paper compares trends in the structural unemployment rate and the NAWRU and considers their implications for the assessment of cyclical economic conditions and the fiscal stance.

JEL-codes: E32 E62 H11 H60 J64 (search for similar items in EconPapers)
Pages: 28 pages
Date: 2015-06
New Economics Papers: this item is included in nep-mac
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Citations: View citations in EconPapers (6)

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Persistent link: https://EconPapers.repec.org/RePEc:euf:ecopap:0552

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