File:ED Section 6, equation 1 6.3.1.png: Difference between revisions

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Latest revision as of 18:43, 10 May 2023

In both approaches movement from base year unemployment rates toward a specified ultimate unemployment target value (LabUnEmpRateTarget) is phased in over a specified number of years (labunemprtrgtyr). A linearly changing interim target value (LabUnEmplTar) is computed through convergence across those years of the base year’s unemployment rate (LABUNEMPRi) to that specified ultimate target.

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