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inflation. Among other things, the unemployment gap, which is the difference between unemployment rate and non …-accelerating inflation rate of unemployment (NAIRU), is used to measure inflationary pressure from the labour market. This paper examines … revisional property of the NAIRU is also examined, as well as the forecast capacity of the unemployment gap with regard to wages …
Persistent link: https://www.econbiz.de/10011399270
Using an analog of the boundary element method in engineering and science, we analyze and model unemployment rate in … 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 …
Persistent link: https://www.econbiz.de/10012718315
policy? Notions of natural rates of unemployment and inflationary barriers to full employment fade away. Supply-side measures … can no longer been seen as adequate to deal with problems of unemployment and inequality. Questions of distribution of …
Persistent link: https://www.econbiz.de/10014220053
' PC (relating the level of the inflation rate, not the change in this rate, to the rate of unemployment); and the …
Persistent link: https://www.econbiz.de/10013347209
monopolistic competition, and state space model for the natural unemployment rate. Our estimates suggest that overshooting …
Persistent link: https://www.econbiz.de/10014496519
Despite very low unemployment in the United States in recent months, wage inflation has remained modest. This paper … census division level, while we observe no significant association between wage growth and the U-3 or U-6 unemployment rate …
Persistent link: https://www.econbiz.de/10012891981
unemployment gap. A closer look at the recent evolution of labour market conditions in Poland, Hungary and the Czech Republic … of long-term unemployment, part-time and temporary workers or workers that are underemployed or marginally attached to …
Persistent link: https://www.econbiz.de/10012865604
raising concerns of youth unemployment. This paper explores the effects of inflation on private employment growth in SSA using …
Persistent link: https://www.econbiz.de/10014254184
The standard search model of unemployment predicts, under realistic assumptions about household preferences, that … disembodied technological progress leads to higher steady-state unemployment. This prediction is at odds with the 1970s experience … of slow productivity growth and high unemployment in industrial countries. We show that introducing nominal price …
Persistent link: https://www.econbiz.de/10011627451
Persistent link: https://www.econbiz.de/10011602776