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      <record key="001" att1="001" value="LIB910479309" att2="LIB910479309">001   LIB910479309</record>
      <field key="037" subkey="x">englisch</field>
      <field key="050" subkey="x">Forschungsbericht</field>
      <field key="076" subkey="">Ökonomie</field>
      <field key="079" subkey="y">http://www.ihs.ac.at/publications/eco/es-53.pdf</field>
      <field key="079" subkey="z">Rünstler, Gerhard, Unemployment Dynamics: An Unobserved Components Approach (pdf)</field>
      <field key="079" subkey="y">http://ideas.repec.org/p/ihs/ihsesp/53.html</field>
      <field key="079" subkey="z">Institute for Advanced Studies. Economics Series; 53 (RePEc)</field>
      <field key="100" subkey="">Rünstler, Gerhard</field>
      <field key="103" subkey="">Institute for Advanced Studies, Vienna</field>
      <field key="331" subkey="">Unemployment Dynamics: An Unobserved Components Approach</field>
      <field key="403" subkey="">1. Ed.</field>
      <field key="410" subkey="">Wien</field>
      <field key="412" subkey="">Institut für Höhere Studien</field>
      <field key="425" subkey="">1998, March</field>
      <field key="433" subkey="">13 pp., Figures</field>
      <field key="451" subkey="">Institut für Höhere Studien; Reihe Ökonomie; 53</field>
      <field key="451" subkey="h">Kunst, Robert M. (Ed.) ; Fisher, Walter (Ed.) ; Riedl, Arno (Ed.)</field>
      <field key="461" subkey="">Economics Series</field>
      <field key="544" subkey="">IHSES 53</field>
      <field key="700" subkey="">C22</field>
      <field key="700" subkey="">E30</field>
      <field key="720" subkey="">Trend-and-Cycle Decomposition</field>
      <field key="720" subkey="">Persistence</field>
      <field key="720" subkey="">Multivariate Stochastic Cycles</field>
      <field key="753" subkey="">Abstract: The study uses a bivariate unobserved components model for output and the unemployment rate in order to examine</field>
      <field key="sty" subkey="l">ised facts of the cyclical behaviour of unemployment and to estimate the size of persistence. The model is applied to the U.S</field>
      <field key=".," subkey="C">anada, and major European economies. Estimates of cyclically adjusted unemployment rates are obtained that account for</field>
      <field key="per" subkey="s">istence effects and are subject to considerably smaller confidence bounds compared to approaches based on wage and price</field>
      <field key="set" subkey="t">ing equations.;</field>
    </SEQUENTIAL>
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