John Handley asks on Twitter about whether the dynamic equilibrium model works for the unemployment-population ratio for other countries besides the US. So I re-ran the model on some of the shorter OECD time series available on FRED (most of them were short, and I could easily automate the procedure for time series of approximately the same length).
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Dynamic equilibrium in employment-population…
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John Handley asks on Twitter about whether the dynamic equilibrium model works for the unemployment-population ratio for other countries besides the US. So I re-ran the model on some of the shorter OECD time series available on FRED (most of them were short, and I could easily automate the procedure for time series of approximately the same length).