Productivity and unemployment: a scale-by-scale panel data analysis for the G7 countries
Productivity and unemployment: a scale-by-scale panel data analysis for the G7 countries
复制标题
DOI：
10.1515/snde-2014-0053
复制
发表时间：
2015
影响因子：
0.8
通讯作者：
M. Gallegati;M. Gallegati;J. Ramsey;W. Semmler
中科院分区：
文献类型：
--
作者：
M. Gallegati;M. Gallegati;J. Ramsey;W. Semmler
生产率增长是增加还是减少失业？理论分析和经验分析的结果一般有好有坏。在本文中，我们使用小波分析分析的经验关系，生产率和失业率在不同的时间框架。面板数据和非参数回归方法的逐尺度分析结果表明，生产率与失业率之间的关系具有规模依赖性，即在不同的时间跨度上发生变化。具体而言，生产率增长在短期和中期内会造成失业，但从长期来看会创造就业。
Abstract Does productivity growth increase or reduce unemployment? Theoretical and empirical analyses have generally provided mixed results. In this paper we analyze the empirical relationship between productivity and unemployment over different time frames using wavelet analysis. The scale-by-scale results from panel data and nonparametric regressions methods indicate that productivity-unemployment relationship is scale-dependent, that is changes over different time horizons. Specifically, productivity growth creates unemployment in the short and medium terms, but employment in the long run.