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Inflation, unemployment, and labor force. Phillips curves and long-term projections for Japan
Kitov, Ivan; KItov, Oleg - Volkswirtschaftliche Fakultät, … - 2013
The evolution of the rate of price inflation, (t), and unemployment, u(t), in Japan has been modeled within the … well as the whole deflationary period started in the late 1990s. The Phillips curve for Japan confirms the original concept …
Persistent link: https://www.econbiz.de/10011260989
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International economic theory and politics: world structure before, during and after the early 21st Century Crisis
Naqvi, Nadeem - Volkswirtschaftliche Fakultät, … - 2010
In his Inquiry into the Nature and Causes of the Wealth of Nations Adam Smith (1776) considered the phenomenon of division of labor so enormously significant for the creation of a nation’s wealth that he devoted the first three chapters of his book to an investigation of this process. This is...
Persistent link: https://www.econbiz.de/10008596380
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Exact prediction of inflation and unemployment in Japan
Kitov, Ivan - Volkswirtschaftliche Fakultät, … - 2007
Past and future evolution of inflation, p(t), and unemployment, UE(t), in Japan is modeled. Both variables are … disinflation in the 1990s and deflationary period in the 2000s. In Japan, there exists a statistically reliable (R2=0.68) Phillips … linear and lagged generalized relationship between inflation, unemployment and labor force has been also obtained for Japan …
Persistent link: https://www.econbiz.de/10005260050
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The fading 1990s in Japan: Driving forces behind the unemployment upsurge
Agnese, Pablo; Sala, Hector - Volkswirtschaftliche Fakultät, … - 2008
This paper sheds new light on the causes of the unemployment upsurge in Japan during the “fading 1990s”, an …
Persistent link: https://www.econbiz.de/10005029706