Inflation, Unemployment and the Nairu in Australia.

In this paper we investigate the relationship between inflation and unemployment in Australia, post 1959. We focus on two features of the data: firstly, we find that forecasting models are surprisingly stable through our sample period. We also estimate the nonaccelerating inflation rate of unemployment (NAIRU), focussing on both the level of the NAIRU, and the stability and precision of our estimates.

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Year of publication:	1997
Authors:	Crosby, M. ; Olekalns, N.
Institutions:	Department of Economics, Faculty of Business and Economics
Subject:	UNEMPLOYMENT \| INFLATION \| AUSTRALIA

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Series:	Department of Economics - Working Papers Series.
Type of publication:	Book / Working Paper
Notes:	Number 543 13 pages
Classification:	E20 - Consumption, Saving, Production, Employment, and Investment. General ; E24 - Employment; Unemployment; Wages ; E30 - Prices, Business Fluctuations, and Cycles. General ; E31 - Price Level; Inflation; Deflation ; E50 - Monetary Policy, Central Banking and the Supply of Money and Credit. General
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005587636