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The role of expectations in estimates of the NAIRU in the United States and the United Kingdom

Driver, Rebecca L. (contributor); … - 2003

Persistent link: https://www.econbiz.de/10001775670

The role of expectations in estimates of the NAIRU in the United States and the United Kingdom

Driver, Rebecca L.; Greenslade, Jennifer V.; Pierse, … - 2003

Persistent link: https://www.econbiz.de/10001741070

Whatever happened to goldilocks? : The role of expectations in estimates of the NAIRU in the US and the UK

Driver, Rebecca L.; Greenslade, Jennifer V.; Pierse, … - In: Oxford bulletin of economics and statistics 68 (2006) 1, pp. 45-79

Persistent link: https://www.econbiz.de/10003295149

A Kalman filter approach to estimating the UK NAIRU

Greenslade, Jennifer V.; Pierse, Richard G.; Saleheen, … - 2003

Persistent link: https://www.econbiz.de/10001741066

A Kalman Filter Approach to Estimating the UK NAIRU

Greenslade, Jennifer V.; Pierse, Richard G.; Saleheen, … - 2005

In this paper, the Kalman filter method is applied to UK Phillips-curve models and estimates are derived for the NAIRU from 1973 to 2000. The resulting profiles suggest that the NAIRU peaked around the mid-1980s and fell back thereafter. Structural changes in the labour market have reduced...

Persistent link: https://www.econbiz.de/10014076250