Mean reversion in unemployment: new findings from the Baltic tigers
The tendency of the unemployment rate to revert to the mean value or the natural rate of unemployment has been one of the most discussed topics in macroeconomics. This study focused on three Baltic countries – Estonia, Latvia and Lithuania – as case studies to investigate unemployment dynamics. Thr...
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| Format: | Article |
| Language: | English |
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Vilnius Gediminas Technical University
2017-05-01
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| Series: | Technological and Economic Development of Economy |
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| Online Access: | http://journals.vgtu.lt/index.php/TEDE/article/view/646 |