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:
Journal Article
Journal or Publication Title:
Economics Letters
Uncontrolled Keywords:
/dk/atira/pure/researchoutput/libraryofcongress/hb
Subjects:
ID Code:
55913
Deposited By:
Deposited On:
17 Jul 2012 13:40
Refereed?:
Yes
Published?:
Published
Last Modified:
01 Jan 2020 07:59