Research Explorer

Project

Macroeconomics and the labor market: measuring and explaining the state of the labor market
Code
01SF1313
Duration
01 February 2014 → 31 January 2018
Funding
Regional and community funding: Special Research Fund
Research disciplines
  • Social sciences
    • Applied economics
    • Economic development, innovation, technological change and growth
    • Economic history
    • Macroeconomics and monetary economics
    • Microeconomics
    • Tourism
Keywords
macroeconomic policy timevarying coefficients Labor market indicators panel data
 
Project description

Accurately estimating the state of the labor market lies at the core of successful macroeconomic policy. This project aims to improve the current

measurement practice by (i) using more appropriate labor market indicators than the standard unemployment rate, (ii) allowing for time-varying coefficients in the relationship of labor market indicators with other macroeconomic variables and (iii) exploiting the panel structure of the data.