La ley de Okun: una relectura para México, 1970-2004
We estimated the dynamic relationship between the unemployment rate and output for the Mexican Economy for annual data (1970-2004). We estimated three structural time series models by using the Kalman filter. We found a coefficient in the range 2.08-2.5. In order to avoid spuriousness, we proved for...
| 主要作者: | , |
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| 格式: | Online |
| 語言: | 西班牙语 |
| 出版: |
El Colegio de México, A.C.
2007
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| 主題: | |
| 在線閱讀: | https://estudioseconomicos.colmex.mx/index.php/economicos/article/view/149 |
| 機構: |
Estudios Económicos |
| 總結: | We estimated the dynamic relationship between the unemployment rate and output for the Mexican Economy for annual data (1970-2004). We estimated three structural time series models by using the Kalman filter. We found a coefficient in the range 2.08-2.5. In order to avoid spuriousness, we proved for cointegration through the Johansen Procedure; finally, through the estimation of VAR’s we also proved that Granger causality runs in both senses in the three main Okun equations. |
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