Abstract

The aim of this paper was to estimate Brazilian structural and frictional unemployment by the empirical mode decomposition (EMD) method, relying on the definitions of structural and frictional unemployment of Lipsey (1960). The advantage of the EMD method is that it does not suffer of the problems of approximation bias or unit root that are present in the OLS and ML estimates described in the literature.

Details

Title
Estimating structural and frictional unemployment: An application of empirical mode decomposition
Author
Rodolfo Ferreira Ribeiro Costa  VIAFID ORCID Logo  ; Luiz Ivan de Melo Castelar  VIAFID ORCID Logo 
Section
Artigos
Publication year
2024
Publication date
Jan-Mar 2024
Publisher
Fundação Getulio Vargas
ISSN
00347140
e-ISSN
18069134
Source type
Scholarly Journal
Language of publication
English
ProQuest document ID
3179182075
Copyright
© 2024. This work is licensed under https://creativecommons.org/licenses/by/4.0/ (the “License”). Notwithstanding the ProQuest Terms and conditions, you may use this content in accordance with the terms of the License.