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The website of the Directorate General for Economic and Financial Affairs has moved.

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Structural unemployment vs. NAWRU: implications for the assessment of the cyclical position and the fiscal stance

Author(s): Julia Lendvai, Matteo Salto, Anna Thum-Thysen

Structural unemployment vs. NAWRU: implications for the assessment of the cyclical position and the fiscal stancepdf(2 MB) Choose translations of the previous link 

This paper compares trends in the structural unemployment rate and the NAWRU and considers their implications for the assessment of cyclical economic conditions and the fiscal stance.
(European Economy. Economic Papers 552. June 2015. PDF. 28pp. Tab. Graph. Ann. Bibliogr. Free.)

KC-AI-15-552-EN-N (online)KC-AI-15-552-EN-C (print)
ISBN 978-92-79-44826-3 (online)ISBN 978-92-79-44827-0 (print)
doi: 10.2765/28623 (online)doi: 10.2765/880213 (print)

JEL classification: E32, E62, H11, H60, J64

Economic Papers are written by the staff of the Directorate-General for Economic and Financial Affairs, or by experts working in association with them. The Papers are intended to increase awareness of the technical work being done by staff and to seek comments and suggestions for further analysis. The views expressed are the author’s alone and do not necessarily correspond to those of the European Commission.

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