Output and Unemployment Dynamics during the Great Recession : A Panel Unobserved Components Analysis /
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 into its fifteen largest national economies. We find that excess supply pressure was...
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Format: | Tidsskrift |
Sprog: | English |
Udgivet: |
Washington, D.C. :
International Monetary Fund,
2010.
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Serier: | IMF Working Papers; Working Paper ;
No. 2010/185 |
Online adgang: | Full text available on IMF |