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Slack and prices during Covid-19: Accounting for labor market participation()

Strong labor force participation cyclicality during the Covid-19 pandemic has put further into question the capacity of standard Phillips Curve (PC) models to fully capture labor market cyclical conditions. In this paper, we jointly estimate natural unemployment and participation rates (i.e. compati...

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Detalles Bibliográficos
Autores principales: D’Amuri, Francesco, De Philippis, Marta, Guglielminetti, Elisa, Lo Bello, Salvatore
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Elsevier B.V. 2022
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8801895/
https://www.ncbi.nlm.nih.gov/pubmed/35125660
http://dx.doi.org/10.1016/j.labeco.2022.102129