Meyler, Aidan - Volkswirtschaftliche Fakultät, … - 1999
In Ireland the link between real disequilibrium (such as the unemployment gap) and inflation (either price or wage) is … blurred by external factors, operating through traded goods price inflation. Attempts to extract information about the … unobservable NAIRU from aggregate inflation measures, such as the HICP or wages inflation, are likely to be swamped by these …