Thursday, January 12, 2017

Dynamic unemployment equilibrium: Japan edition

This is basically the previous post, but for Japan:



The centroids of the recessions in the fit are at 1974.8, 1983.1, 1993.9, 1998.4, 2001.6, and 2009.0. There does not seem to be any indication of another recession since 2009, contra this post.

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Also, try to avoid the use of dollar signs as they interfere with my setup of mathjax. I left it set up that way because I think this is funny for an economics blog. You can use € or £ instead.