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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Autor principal: Vitek, Francis
Format: Revista
Idioma:English
Publicat: Washington, D.C. : International Monetary Fund, 2010.
Col·lecció:IMF Working Papers; Working Paper ; No. 2010/185
Accés en línia:Full text available on IMF