AffiliationUniversity of Macedonia
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AbstractThis paper estimates the natural rate of unemployment for Greece over the 1983–2000 period. The results show a rising natural rate of unemployment. The rate increased from 5.0% in 1983 to 7.2% in 2000. The slowdown in productivity, the rising share of female workers with higher unemployment rates, a higher number of illegal foreign workers, and the problem of insider–outsider could be considered as potential contributors to the rising natural rate.
CitationApergis, N. (2005) ‘An estimation of the natural rate of unemployment in Greece’, Journal of Policy Modeling, 27(1), pp.91-99. Doi: 10.1016/j.jpolmod.2005.01.001
JournalJournal of Policy Modeling
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