Investment and the long swings of unemployment

Investment and the long swings of unemployment

We estimate the relationship between investment and unemployment over the time period 1960-2015 in 20 OECD countries. While neoclassical growth theory typically assumes full employment – with no effect of investment on unemployment – we find that over our sample period covering more than five decade...

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Bibliographic Details
Main Authors: HOON, Hian Teck, MARGARITA, Katsimi, ZOEGA, Gylfi
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2018
Subjects:
Long swings of unemployment
investment
current account
Great Recession
Finance
Labor Economics
Online Access:https://ink.library.smu.edu.sg/soe_research/2216
https://ink.library.smu.edu.sg/context/soe_research/article/3215/viewcontent/BWPEF1810.pdf
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Institution: Singapore Management University
Language: English

Internet

https://ink.library.smu.edu.sg/soe_research/2216
https://ink.library.smu.edu.sg/context/soe_research/article/3215/viewcontent/BWPEF1810.pdf

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