Econometric modelling of the labour market in Singapore.
This paper models unemployment and inflation in Singapore using an imperfect competition approach. We estimate a NAIRU (Non-Accelerating Inflation Rate of Unemployment) model and then attempt to derive estimates of the NAIRU. We find that real wages and past employment are important influencing curr...
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| Format: | Thesis |
| Language: | English |
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2011
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| Online Access: | http://hdl.handle.net/10356/42709 |