The Relationships between Permanent and Transitory Movements in U.S. Output and the Unemployment Rate

Tara Sinclair

Journal of Money, Credit and Banking, 2009, vol. 41, issue 2-3, 529-542

Abstract: This paper estimates the permanent and transitory movements in U.S. output and the unemployment rate and the relationships between them. The results suggest that permanent movements in U.S. output and the unemployment rate are important for explaining overall fluctuations. Further, the correlation between changes in these series arises in large part due to the relationship between their permanent components. Copyright (c) 2009 The Ohio State University.

Date: 2009
References: Add references at CitEc
Citations: View citations in EconPapers (81)

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
Journal Article: The Relationships between Permanent and Transitory Movements in U.S. Output and the Unemployment Rate (2009)
Software Item: RATS programs to replicate Sinclair(2009) bivariate state-space model
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:mcb:jmoncb:v:41:y:2009:i:2-3:p:529-542

Access Statistics for this article

Journal of Money, Credit and Banking is currently edited by Robert deYoung, Paul Evans, Pok-Sang Lam and Kenneth D. West

More articles in Journal of Money, Credit and Banking from Blackwell Publishing
Bibliographic data for series maintained by Wiley-Blackwell Digital Licensing () and Christopher F. Baum ().