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Global Factors, Unemployment Adjustment and the Natural Rate. (2006). Smith, Ronald ; Gylfi, Zoega .
In: Kiel Working Papers.
RePEc:zbw:ifwkwp:1367.

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  17. Phelps, E.S. (1994), Structural Slumps, Harvard University Press.
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  18. Pissarides, C.A. (2001), Equilibrium Unemployment Theory, Cambridge, Mass.: Basil Blackwell.
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  19. Stock J.H. and M.W. Watson (2005) Implications of Dynamic Factor Models for VAR analysis, NBER Working Paper 11467.

  20. Xiao, W. (2004), “Can Indeterminacy Resolve the Cross-country Correlation Puzzle?” Journal of Economic Dynamics & Control 28,p. 2341-2366.

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