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  • 标题:An Employment Equation for Belgium
  • 本地全文:下载
  • 作者:Vincent BODART ; Philippe LEDENT ; Fatemeh SHADMAN-METHA
  • 期刊名称:Discussion Paper / Département des Sciences Économiques de l'Université Catholique de Louvain
  • 印刷版ISSN:1379-244X
  • 出版年度:2009
  • 卷号:1
  • 出版社:Université catholique de Louvain
  • 摘要:Economic theory considers economic growth and wage costs as crucial determinants in the process of job creation. In this paper, we try to quantify the relationship that exists between these variables in Belgium. Our objective being mainly the use of the empirical model for forecasting purposes, we use a V AR model to enable us to apply statistical tools to test some possible constraints within a loose model. We analyse the relationship at three levels: one national and two sectoral.
  • 关键词:Employment growth, long-run equilibrium, V AR model.
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