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Unemployment and the Replacement Ratio. Some Reduced Form Estimates

Holden, K. and Peel, David (1981) Unemployment and the Replacement Ratio. Some Reduced Form Estimates. Economics Letters, 8 (4). pp. 349-354. ISSN 0165-1765

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Abstract

Conventional estimates of the effects of the replacement ratio on unemployment treat output as exogenous. A reduced form approach is proposed which avoids this and results in a much reduced elasticity of unemployment with respect to the replacement ratio.

Item Type: Article
Journal or Publication Title: Economics Letters
Subjects: H Social Sciences > HB Economic Theory
Departments: Lancaster University Management School > Economics
ID Code: 55913
Deposited By: ep_importer_pure
Deposited On: 17 Jul 2012 14:40
Refereed?: Yes
Published?: Published
Last Modified: 09 Apr 2014 23:49
Identification Number:
URI: http://eprints.lancs.ac.uk/id/eprint/55913

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