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NAIRU estimates for Croatia

Valerija Botrić   ORCID icon orcid.org/0000-0001-5482-7490 ; Department for economic growth, The Institute of Economics Zagreb, Zagreb, Croatia

Puni tekst: engleski, pdf (279 KB) str. 163-180 preuzimanja: 452* citiraj
APA 6th Edition
Botrić, V. (2012). NAIRU estimates for Croatia. Zbornik radova Ekonomskog fakulteta u Rijeci, 30 (1), 163-180. Preuzeto s https://hrcak.srce.hr/83355
MLA 8th Edition
Botrić, Valerija. "NAIRU estimates for Croatia." Zbornik radova Ekonomskog fakulteta u Rijeci, vol. 30, br. 1, 2012, str. 163-180. https://hrcak.srce.hr/83355. Citirano 07.12.2019.
Chicago 17th Edition
Botrić, Valerija. "NAIRU estimates for Croatia." Zbornik radova Ekonomskog fakulteta u Rijeci 30, br. 1 (2012): 163-180. https://hrcak.srce.hr/83355
Harvard
Botrić, V. (2012). 'NAIRU estimates for Croatia', Zbornik radova Ekonomskog fakulteta u Rijeci, 30(1), str. 163-180. Preuzeto s: https://hrcak.srce.hr/83355 (Datum pristupa: 07.12.2019.)
Vancouver
Botrić V. NAIRU estimates for Croatia. Zbornik radova Ekonomskog fakulteta u Rijeci [Internet]. 2012 [pristupljeno 07.12.2019.];30(1):163-180. Dostupno na: https://hrcak.srce.hr/83355
IEEE
V. Botrić, "NAIRU estimates for Croatia", Zbornik radova Ekonomskog fakulteta u Rijeci, vol.30, br. 1, str. 163-180, 2012. [Online]. Dostupno na: https://hrcak.srce.hr/83355. [Citirano: 07.12.2019.]

Sažetak
The main goal of the paper is to estimate the NAIRU for Croatian economy and to discuss the implications of this indicator. The paper provides time-varying estimates of the NAIRU for 2000q1-2011q1 period, which were obtained by applying the Kalman fi lter method. The results reveal that the average estimated value was 12.6 percent, which on average is below the average registered
unemployment rate. The dynamics of the estimated NAIRU points to the ability of the NAIRU to reveal underlying structural misbalances in a national economy. Specifi cally, the approaching crises effect has been detected, as well as previously documented infl ationary pressures, thereby confi rming the potential usefulness of the NAIRU estimation for economic policy decision making process in Croatia.

Ključne riječi
NAIRU; Kalmanov filter; Hrvatska

Hrčak ID: 83355

URI
https://hrcak.srce.hr/83355

[hrvatski]

Posjeta: 775 *