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  • 2019
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    Estimating the Constant Elasticity of Substitution when Technical Change is Time-Varying: A Kalman Filtering Approach

    Published 21-11-2019
    MAKRO

    This paper presents a new approach to, simultaneously, provide an estimate of factor elasticities as well as time-varying technical change utilizing the Kalman filter.

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    Decomposing the Ins and Outs of Unemployment: Cyclical, Structural, and Demographic Trends in the Danish Labor Market

    Published 18-11-2019
    MAKRO

    This paper analyzes labor market flows in Denmark by decomposing them into three parts: A cyclical, a structural, and a demographic.

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