The Modigliani Puzzle Revisited : A Note

We estimate the relationship between investment and unemployment in order to explore whether the medium-term relationship emphasized by Franco Modigliani survived the recent Great Recession. Our results indicate that the relationship held up, both employment and investment fell although the estimated coefficient of investment is slightly smaller when the period 2000-2015 is added to the 1960-2000 period

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Year of publication:	2018
Authors:	Katsimi, Margarita
Other Persons:	Zoega, Gylfi (contributor)
Publisher:	[2018]: [S.l.] : SSRN
Subject:	OECD-Staaten \| OECD countries \| Arbeitslosigkeit \| Unemployment \| Investition \| Investment

Extent:	1 Online-Ressource (11 p)
Series:	CESifo Working Paper Series ; No. 6833
Type of publication:	Book / Working Paper
Language:	English
Notes:	Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments January 23, 2018 erstellt
Other identifiers:	10.2139/ssrn.3129986 [DOI]
Classification:	J10 - Demographic Economics. General ; E20 - Consumption, Saving, Production, Employment, and Investment. General
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://ebvufind01.dmz1.zbw.eu/10012926561