Search Results - subject:"Natural rate of unemployment"

The unemployment-inflation trade-off revisited : the Phillips curve in COVID times

Crump, Richard K.; Eusepi, Stefano; Giannoni, Marc Paolo; … - 2024

Using a New Keynesian Phillips curve, we document the rapid and persistent increase in the natural rate of unemployment …

Persistent link: https://www.econbiz.de/10014501075

The natural rate of unemployment in Estonia: empirical determinants and a new semi-structuralmodel

Kulikov, Dmitry; Reigl, Nicolas - 2023

Persistent link: https://www.econbiz.de/10014391392

The active role of the natural rate of unemployment during cyclical recoveries

Hall, Robert E.; Kudlyak, Marianna - 2023

Persistent link: https://www.econbiz.de/10014445012

Labor market effects of COVID-19 shocks

Frenkel, Michael; Stadtmann, Georg; Zimmermann, Lilli - In: International journal of management and economics 59 (2023) 1, pp. 3-12

the labor market and analyze the transmission of the shocks to the natural rate of unemployment and production. In a first …

Persistent link: https://www.econbiz.de/10014310081

The active role of the natural rate of unemployment during cyclical recoveries

Hall, Robert E.; Kudlyak, Marianna - 2023

We propose that the natural rate of unemployment has an active role in the business cycle, in contrast to the … Phillips curve is an illusion caused by assuming that the natural rate of unemployment has little or no movement during …

Persistent link: https://www.econbiz.de/10014423725

The devolution of Federal Reserve monetary policy strategy, 2012-24

Ireland, Peter N. - In: Southern economic journal 91 (2025) 4, pp. 1247-1264

Persistent link: https://www.econbiz.de/10015401064

Three theories of natural rate dynamics

Nuño, Galo - 2025 - This version: April 2025

The natural interest rate is the real rate that would prevail in the long-run. The standard view in macroeconomics is that the natural rate depends exclusively on structural factors such as productivity growth and demographics. This paper challenges this view by discussing three alternative, and...

Persistent link: https://www.econbiz.de/10015401982