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Tuesday, April 03, 2012

How Low Will the Unemployment Rate Go?

Via the Liberty Street Economics blog at the New York Fed:

How Low Will the Unemployment Rate Go?, by Jonathan McCarthy, Simon Potter, and Ayşegül Şahin, FRB NY Liberty Street Blog: ...In this post, we run ... simulations ... to see what happens to the unemployment rate if the current expansion lasts as long as any of the three most recent expansions. ... The simulated unemployment paths based on the three different scenarios are shown in the chart below. ...


    Posted by on Tuesday, April 3, 2012 at 01:20 AM Permalink  Comments (42)


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