摘要翻译:
一个标准的增长模型以一种直接的方式被修改,以纳入凯恩斯(1936)在他的通论的“本质”中所建议的东西。其理论实质是投资外生变动引起就业和失业变动的观点。在增长模型中,我们通过假设资本增长率的路径是外生的来实现这一思想。其结果是一个增长模型,可以解释长期趋势和围绕趋势的波动。修正后的增长模型使用1947年至2014年的美国经济数据进行了测试。假设的资本增长与失业变化之间的反比关系得到了证实,结构估计模型较好地拟合了失业的波动。
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英文标题:
《A Growth Model with Unemployment》
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作者:
Mina Mahmoudi, Mark Pingle
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最新提交年份:
2018
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分类信息:
一级分类:Economics        经济学
二级分类:Econometrics        计量经济学
分类描述:Econometric Theory, Micro-Econometrics, Macro-Econometrics, Empirical Content of Economic Relations discovered via New Methods, Methodological Aspects of the Application of Statistical Inference to Economic Data.
计量经济学理论,微观计量经济学,宏观计量经济学,通过新方法发现的经济关系的实证内容,统计推论应用于经济数据的方法论方面。
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英文摘要:
  A standard growth model is modified in a straightforward way to incorporate what Keynes (1936) suggests in the "essence" of his general theory. The theoretical essence is the idea that exogenous changes in investment cause changes in employment and unemployment. We implement this idea by assuming the path for capital growth rate is exogenous in the growth model. The result is a growth model that can explain both long term trends and fluctuations around the trend. The modified growth model was tested using the U.S. economic data from 1947 to 2014. The hypothesized inverse relationship between the capital growth and changes in unemployment was confirmed, and the structurally estimated model fits fluctuations in unemployment reasonably well. 
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PDF链接:
https://arxiv.org/pdf/1806.04228