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that when actual unemployment rate was below the reported value of NAIRU, there was a pressure on inflation rate to rise … recommendations to address the problems of inflation and unemployment in SAARC countries. …The study mainly focused on the estimation and implementation of the concept of nonaccelerating inflation rate of …
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Persistently high unemployment rates in Germany have led to a long-running controversy on the causes of the … unemployment problem. This paper aims to re­view the contribution of Keynesian and monetarist theories to this controversy and … explores empirically their implications for the explanation of high un­em­ploy­ment in Germany using a structural vector …
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Phillips-curve framework of low - often extremely low - response of inflation to unemployment could be the result of fairly … most Phillips-curve studies, that conclude that inflation has little relation to unemployment. We suggest that the flat …We propose that the natural rate of unemployment has an active role in the business cycle, in contrast to the …
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This paper deals with a critical assessment and a reestimation of the "non-accelerating in ation rate of unemployment …
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