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 …

The structural rate of unemployment and associated non-accelerating inflation rate of unemployment (the NAIRU) are of … applied ...<BR><P>Les concepts de taux de chômage structurel et NAIRU (<I>non accelerating inflation rate of unemployment …

Modern theories of inflation incorporate a vertical long-run Phillips curve and are usually estimated using techniques … that ignore the non-stationary behaviour of inflation. Consequently, the estimates obtained are imprecise and are unable to … distinguish between competing models of inflation and test the veracity of a vertical long-run Phillips curve. We estimate a …

15 years. Controlling for the most important other factors influencing the inflation rate, we estimate cointegrations and …

reduced Phillips curve equation (linking inflation to the unemployment gap) by means of a Kalman filter. The overall limited …'information contenue dans une équation de courbe de Phillips réduite (reliant l'inflation à l'écart du chômage au chômage structurel) au …

economists to engage with Phillips’ famous unemployment/wage-inflation analysis, now referred to as the Phillips curve. They … formulated the firstunemployment/price-inflation version of the Phillips curve and were the first to interpret the Phillips curve … reconstruction and assessment of their original formulation, documenting the close relationship between the wage-inflation and price-inflation …