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theoretical results are twofold. First, unemployment is lower under firm-level bargaining Second, introducing efficient opting …-out of sector-level agreements suffices to bring unemployment down to its level under decentralized bargaining. For an … archetypical contintental European calibration, we find that the unemployment rate is about 5 percentage points lower under frm …
Persistent link: https://www.econbiz.de/10012530356
that there exists a degree of trade-off between inflation and unemployment. However, since persistent and soaring inflation …This paper examines the major causes of Iran’s unemployment conundrum using a simultaneous-equation model and annual … time series data from 1968 to 2000. It is found that the rate of unemployment responds positively to output gap and …
Persistent link: https://www.econbiz.de/10009457479
unemployment has been contributed to inflation; the word oil price has contributed to inflation, unemployment and the amount of …The purpose ot this study was to analyze the contribution of unemployment, world oil price, gross domestic product, the … amount of current financial circulation, net-government, rate of interest and exchange rate to the inflation in Indonesia …
Persistent link: https://www.econbiz.de/10009464526
Why do dynamic inconsistencies in monetary policy exist? In this paper we present a traditional model with output inefficiencies, but we allow for monetary policy to be influenced by the various constituencies in the economy, that pressure the Congress to in turn pressure the central bank to...
Persistent link: https://www.econbiz.de/10009472582
This paper offers a reappraisal of the inflation-unemployment tradeoff, based on "frictional growth", describing the … permanent nominal rigidities, and no departure from rational expectations, there is a long-run inflation-unemployment tradeoff …. Our analysis suggests that the US experience of the 1990s - in particular, the falling unemployment at moderate inflation …
Persistent link: https://www.econbiz.de/10009441372
influences of economic and financial factors represented by certain indicators (inflation, unemployment, exports as percentage of …
Persistent link: https://www.econbiz.de/10011316257
and inflation rate were not as a result of deregulation, and deregulating price of petroleum products significantly … influence economic growth with marginal inflation. The paper recommends that government should encourage private sector …
Persistent link: https://www.econbiz.de/10011437097
, inflation, balance of payment, foreign investments, and unemployment …
Persistent link: https://www.econbiz.de/10011716413
and inflation rate were not as a result of deregulation, and deregulating price of petroleum products significantly … influence economic growth with marginal inflation. The paper recommends that government should encourage private sector …
Persistent link: https://www.econbiz.de/10015336180
influences of economic and financial factors represented by certain indicators (inflation, unemployment, exports as percentage of …
Persistent link: https://www.econbiz.de/10015336277