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http://bura.brunel.ac.uk/handle/2438/6122| Title: | Short- and long- run linkages between employment growth, inflation and output growth: Evidence from a large panel |
| Authors: | Caporale, GM Skare, M |
| Keywords: | Employment;Inflation;Output;Granger causality |
| Issue Date: | 2011 |
| Publisher: | Brunel University |
| 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 |
| URI: | http://bura.brunel.ac.uk/handle/2438/6122 |
| Appears in Collections: | Economics and Finance Publications Dept of Economics and Finance Research Papers |
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