unemployment for the five major European economies. The dynamic adjustment and the level relations are found to be different across …, deviations from reference values are found to influence unemployment for all countries, including the UK. Only for Germany and … Spain, instead, we find evidence that deviations from reference values influence inflation dynamics. …

This paper proposes a new approach for enriching results for U.S. labor markets from the leading multi-regional CGE … model, the GTAP model. Departing from the usual approach of expanding labor data in all economies in a model's database, our … method expands only the U.S. labor data. Additionally, we introduce a novel modification to primary factor demands …

production inventory model for deteriorating items with ramp type demand rate under the effect of inflation and shortages under … fuzziness. The deterioration rate is represented by a two-parameter Weibull distribution. As inflation erodes the value of money … so we have also considered the effect of inflation when there is shortage in the stock under finite time horizon. Some …

reversion of inflation in 22 OECD countries over the period of 1961 to 2011. While traditional unit root tests give us mixed … results, empirical results from our flexible Fourier stationary test indicate that mean reversion of inflation holds in all 22 …

We examine the relationship between two inflation indices, consumer price index (CPI) and producer price index (PPI …) for Mexico, a case study country which has successfully implemented inflation targeting after the economic crisis and high … inflationary situation in 1995. Since the causality running from PPI to CPI exemplifies the cost push nature of inflation and the …

production system over a finite time horizon under the effect of inflation and time value of money. The production rate is a …

inflation. In recent times, however, this long held belief has been challenged. Using a recently compiled panel data set on … central bank independence measures, the proposition that greater CBI leads to lower inflation is tested, using latent variable … relationship between CBI and inflation, thereby restoring faith in the conventionally held wisdom, that greater CBI is needed to …

rate movements start to influence the price inflation in China in a significant way. This paper estimates a structural …