Output and Unemployment Dynamics during the Great Recession : A Panel Unobserved Components Analysis »
Series: IMF Working Papers
Author(s): Francis Vitek
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 August 2010
Keywords: Output dynamics, Unemployment dynamics, World economy, Great Recession, Panel unobserved components model, unemployment rate, unemployment, domestic demand, labor demand, Open Economy Macroeconomics,
This paper analyzes the sources of output and unemployment dynamics in the world economy during the Great Recession. This analysis is based on a panel unobserved components model of the world economy, disaggregated...