the naive one by a factor of 2 to 3. The relationships for inflation were successfully tested for cointegration. We have … and lagged relationships between the rates of inflation, unemployment, and change in labour force. For France, several … relationships were estimated eight years ago. The change rate of labour force was used as a driving force of inflation and …

A linear and lagged relationship between inflation, unemployment and labor force change rate, π(t)=A0UE(t-t0)+A1dLF … and 2004. The relationship is tested for cointegration. All three variables involved in the relationship are proved to be … integrated of order one. Two methods of cointegration testing are used. First is the Engle-Granger approach based on the unit …

Previously, a linear and lagged relationship between inflation and labor force change rate, π(t)= A1dLF(t-t1)/LF(t-t1 … (RMFSE) of 0.8% at a two-year horizon for the period between 1965 and 2002 (the best among other inflation forecasting models …) and has a perfect parsimony - only one predictor. The relationship is tested for cointegration. Both variables are …

Austria, Italy, the Netherlands, Sweden, Switzerland, and the United States as a function of inflation and the change in labor … force. Originally, the model linking unemployment to inflation and labor force was developed and successfully tested for …. Nevertheless, the model explains between ~65% and ~95% of the variability in unemployment and inflation. For Italy, the rate of …

developed an integral technique similar to CUSUM using an empirical model quantitatively linking the rate of inflation and … uncorrelated noise and systematic errors. Our previous model of inflation and unemployment in Canada is enhanced by the … introduction of inflation targeting as a new monetary policy in 1991 resulted in a structural break manifested in a lowered rate of …

Potential links between inflation, (t), and unemployment, UE(t), in Germany have been examined. There exists a … negative relation between inflation and unemployment with the latter leading the former by one year: UE(t-1) = -1.50(t) + 0 ….116. Effectively, growing unemployment has resulted in decreasing inflation since 1971, i.e. for the period where GDP deflator …

Linear relationships between inflation, unemployment, and labor force are obtained for two European countries - Austria … and France. The best fit models of inflation as a linear and lagged function of labor force change rate and unemployment … inflation for the next ten years. In France, inflation lags by four years behind labor force change and unemployment allowing …

There is no Phillips curve in the United States, i.e. unemployment does not drive inflation at any time horizon. There … is a statistically robust anti-Phillips curve - inflation leads unemployment by 10 quarters. Apparently, the anti …-Phillips curve would be the conventional one, if the time would flow in the opposite direction. Several tests for cointegration do …

Potential links between inflation and unemployment in Canada have been examined. No consistent Phillips curve has been … linear links between inflation and unemployment could exist - before 1983 and after 1983. A linear and lagged relationship … between inflation, unemployment and labor force has been obtained for Canada. Similar relationships were reported previously …

numerically equal to two thirds of the relative change in the number of eighteen-year-olds. Inflation is represented by a linear …