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.