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Item Details
Title:
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OUTPUT AND EMPLOYMENT FLUCTUATIONS
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By: |
Klaus Zimmermann (Editor) |
Format: |
Hardback |
List price:
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£109.99 |
We currently do not stock this item, please contact the publisher directly for
further information.
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ISBN 10: |
3790807540 |
ISBN 13: |
9783790807547 |
Publisher: |
SPRINGER-VERLAG BERLIN AND HEIDELBERG GMBH & CO. KG |
Pub. date: |
6 April, 1994 |
Edition: |
1994 ed. |
Series: |
Studies in Empirical Economics |
Pages: |
258 |
Description: |
This econometrics study explores four main areas: labour demand and supply; productivity decrease and innovation increase; disequilibrium and business cycle analysis; and the time series analysis of output and employment. |
Synopsis: |
This book consists of four parts: I. Labour demand andsupply, II. Productivity slowdown and innovative activity,III. Disequilibrium and business cycle analysis, and IV.Time series analysis of output and employment. It presents afine selection of articles in the growing field oftheempirical analysis of output and employment fluctuationswith applications in a micro-econometric or a time-seriesframework. The time-series literature recently hasemphasized the careful testing for stationarity andnonlinearity in the data, and the importance ofcointegration theory. An essential part of the papers makeuse of parametric and non-parametric methods developed inthis literature and mostly connect their results to thehysteresis discussion about the existence of fragileequilibria. A second set of macro approaches use thedisequilibrium framework that has found so much interest inEurope in recent years. The other papers use newly developedmethods for microdata,especially qualitative data orlimited dependent variables to study microeconomic models ofbehaviour that explain labour market and output decisions. |
Illustrations: |
45 Tables, black and white; VI, 258 p. |
Publication: |
Germany |
Imprint: |
Physica-Verlag GmbH & Co |
Returns: |
Returnable |
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