| 題名: | A flexible nonlinear inference to Okun's relationship |
| 作者: | Huang, Ho-chuan;Lin, Shu-chin |
| 貢獻者: | 淡江大學經濟學系 |
| 日期: | 2006-04 |
| 上傳時間: | 2009-11-30 18:37:41 (UTC+8) |
| 出版者: | Taylor & Francis |
| 摘要: | The study implements the flexible nonlinear inference approach of Hamilton (2001 Hamilton, ID. 2001. A parametric approach to flexible nonlinear inference. Econometrica, 69: 537–73.
[CrossRef], [Web of Science ®]
) to assess the validity of Okun's law. Using US quarterly data from 1948:1 to 2004:2, overwhelming evidence is found of nonlinearity between cyclical components of unemployment and output. However, the relationship is still negative and provides strong support of (nonlinear) Okun's law. |
| 關聯: | Applied Economics Letters 13(5), pp.325-331 |
| DOI: | 10.1080/13504850500398625 |
| 顯示於類別: | [財務金融學系暨研究所] 期刊論文
[經濟學系暨研究所] 期刊論文
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