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|Title:||Short- and long- run linkages between employment growth, inflation and output growth: Evidence from a large panel|
|Citation:||Economics and Finance Working Paper, 11-17, Oct 2011|
|Abstract:||This study examines the short- and long-run linkages between employment growth, inflation and output growth applying panel cointegration and causality tests to data for 119 countries over the period 1970-2010. We find evidence of positive Granger causality running from output growth to employment growth in the short run. Employment growth Granger causes output growth with a negative sign in the long run. Inflation Granger causes employment and output growth positively in the short run and negatively in the long run.|
|Description:||Copyright @ 2011 Brunel University|
|Appears in Collections:||Economics and Finance|
Dept of Economics and Finance Research Papers
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