Research output: Contribution to Journal/Magazine › Journal article › peer-review
Research output: Contribution to Journal/Magazine › Journal article › peer-review
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TY - JOUR
T1 - Unemployment and the Replacement Ratio. Some Reduced Form Estimates
AU - Holden, K.
AU - Peel, David
PY - 1981
Y1 - 1981
N2 - 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.
AB - 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.
U2 - 10.1016/0165-1765(81)90024-0
DO - 10.1016/0165-1765(81)90024-0
M3 - Journal article
VL - 8
SP - 349
EP - 354
JO - Economics Letters
JF - Economics Letters
SN - 0165-1765
IS - 4
ER -