inflation rates is employed. Therefore, either the NAIRU concept is not applicable to Germany or, as it is our suggestion, one … estimates the unemployment rate that is compatible with a tolerable inflation rate of say 2 percent following roughly the … inflation target put forward by the European Central Bank. The estimates presented in this paper suggest that the NAIRU …

inflation rates is employed. Therefore, either the NAIRU concept is not applicable to Germany or, as it is our suggestion, one … estimates the unemployment rate that is compatible with a tolerable inflation rate of say 2 percent following roughly the … inflation target put forward by the European Central Bank. The estimates presented in this paper suggest that the NAIRU …

This paper deals with a critical assessment and a reestimation of the "non-accelerating in ation rate of unemployment …" (NAIRU) for Germany. There are quite a few obstacles to perceiving the NAIRU as an understandable and easy-to-use analytical …, cointegration issues, and a time variability of the NAIRU and its confidence intervals. Despite many serious caveats a new attempt …

This paper deals with a critical assessment and a reestimation of the "non-accelerating in ation rate of unemployment …" (NAIRU) for Germany. There are quite a few obstacles to perceiving the NAIRU as an understandable and easy-to-use analytical …, cointegration issues, and a time variability of the NAIRU and its confidence intervals. Despite many serious caveats a new attempt …

This paper deals with a critical assessment and a reestimation of the "non-accelerating in ation rate of unemployment …" (NAIRU) for Germany. There are quite a few obstacles to perceiving the NAIRU as an understandable and easy-to-use analytical …, cointegration issues, and a time variability of the NAIRU and its confidence intervals. Despite many serious caveats a new attempt …

This paper estimates the non-increasing inflation rate of unemployment or NAIRU for New Zealand. A NAIRU that varies … around that). The results of this paper indicate that the NAIRU is a relevant concept and the unemployment gap should be one … over time has important implications in considering inflationary pressures. This paper estimates the time-varying NAIRU …

This paper estimates the non-increasing inflation rate of unemployment or NAIRU for New Zealand. A NAIRU that varies … around that). The results of this paper indicate that the NAIRU is a relevant concept and the unemployment gap should be one … over time has important implications in considering inflationary pressures. This paper estimates the time-varying NAIRU …

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 … representing the NAIRU as currently used by the OECD in its policy analysis and surveillance work. Three distinct classes of NAIRU …

The concept of NAIRU summarized the observed negative correlation between the unemployment rate and the inflation rate … target both low unemployment and price stability. Therefore, it was government's role to seek a point on the trade …’s NAIRU for 1998Q1-2012Q4 period by applying the Kalman filter. …

The global recession is likely to results in higher structural unemployment for some time in many OECD countries. This … paper assesses how the shock to aggregate unemployment as a result of the economic crisis may be transmitted to structural … unemployment through hysteresis effects that occur through the rise in long-term unemployment. The estimated increase in structural …