Explaining European Unemployment: Testing the NAIRU Hypothesis and a Keynesian Approach

Essay specific features

 

Issue:

Business

 

Written by:

Kimberly H

 

Date added:

February 3, 2015

 

Level:

University

 

Grade:

A

 

No of pages / words:

36 / 10041

 

Was viewed:

9950 times

 

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Essay content:

For the NAIRU explanation, wage push variables are key in explaining the rise of European unemployment, for a Keynesian approach it is capital accumulation that is key. The theories are tested using time series data for Germany, France, Italy, the UK and the USA, using the seemingly unrelated regression method (SUR)...
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For the NAIRU explanation, wage push variables are key in explaining the rise of European unemployment, for a Keynesian approach it is capital accumulation that is key. The theories are tested using time series data for Germany, France, Italy, the UK and the USA, using the seemingly unrelated regression method (SUR)...
displayed 300 characters

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