What We Know and Do Not Know about the Natural Rate of Unemployment

Olivier Blanchard () and Lawrence F. Katz ()

Working papers from Massachusetts Institute of Technology (MIT), Department of Economics

Abstract: Over the past three decades, a large amount of research has attempted to identify the determinants of the natural rate of unemployment. It is this body of work we assess in this paper.

Keywords: UNEMPLOYMENT (search for similar items in EconPapers)
JEL-codes: E24 J64 (search for similar items in EconPapers)
Date: 1996
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Journal Article: What We Know and Do Not Know about the Natural Rate of Unemployment (1997)
Working Paper: What We Know and Do Not Know About the Natural Rate of Unemployment (1996)
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