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Authors:
Pérez Trujillo, Manuel; Ruesga Benito, Santos; Sell, Friedrich L. 
Document type:
Sonstiges / Other Publication 
Title:
"Mismatch" in the labor market and inflation: An integrative model with lessons from the Spanish experience 
Series title:
Volkswirtschaftliche Diskussionsbeiträge 
Series volume:
2018,4 
Place of publication:
Neubiberg 
Publishing institution:
Universität der Bundeswehr München, Fachgruppe für Volkswirtschaftslehre 
Year:
2018 
Language:
Englisch 
Keywords:
mismatch; Beveridge curve; Philipps curve; modified output gap; great recession 
Abstract:
The Great Recession (2009/10) resulted in the need of different economic policies and structural reforms to boost economic growth both in the advanced and in the emerging economies. In this paper, we start from a theoretical concept that is relatively new - the modified output gap (MOG), based on both the Phillips and the Beveridge curve, initially introduced by Sell and Reinisch (2013) and Sell (2016), revealing the explicit positive relationship between the vacancy ratio on the one hand and th...    »
 
Department:
Fakultät für Wirtschafts- und Organisationswissenschaften 
Institute:
WOW 5 - Institut für Ökonomie und Recht der globalen Wirtschaft 
Chair:
Sell, Friedrich L. 
Open Access yes or no?:
Ja / Yes