Showing 1 - 10 of 114
New-Keynesian macroeconomic models typically assume that any long-run trade-off between inflation and unemployment is … rate, unemployment and inflation in West Germany from the early 1960s up to 2004 using a multivariate co … data a strong negative correlation between the trend components of inflation and unemployment. We show that this finding …
Persistent link: https://www.econbiz.de/10010426365
The German unemployment rate shows strong signs if non-stationarity over the course of the previous decades. This is in …
Persistent link: https://www.econbiz.de/10011437007
Using a modified version of the model presented by Belke and Gros (2007), we analyze the stability of adjustment in a currency union. Using econometric estimates for parameter values we check the stability conditions for the 11 original EMU countries and Greece. We found significant instability...
Persistent link: https://www.econbiz.de/10003915319
Using a modified version of the model presented by Belke and Gros (2007), we analyze the stability of adjustment in a currency union. Using econometric estimates for parameter values we check the stability conditions for the 11 original EMU countries and Greece. We found significant instability...
Persistent link: https://www.econbiz.de/10010425867
Since 2021, the inflation rate in Germany and the euro area has increased significantly. At the same time, there are … increasing signs of ``de-anchoring'' of inflation expectations in Germany. This paper - building on the approach of Andre et al …. (2022) - examines in a pilot study survey-based narratives for the rising inflation together with socio-economic factors. A …
Persistent link: https://www.econbiz.de/10014326784
Das Papier untersucht die makroökonomischen Determinanten der Arbeitslosigkeit. Dabei werden die Argumente neoklassisch …
Persistent link: https://www.econbiz.de/10010426360
New-Keynesian macroeconomic models typically assume that any long-run trade-off between inflation and unemployment is … rate, unemployment and inflation in West Germany from the early 1960s up to 2004 using a multivariate co … Germany data a strong negative correlation between the trend components of inflation and unemployment. We show that this …
Persistent link: https://www.econbiz.de/10010420820
Das Papier untersucht die makroökonomischen Determinanten der Arbeitslosigkeit. Dabei werden die Argumente neoklassisch …
Persistent link: https://www.econbiz.de/10010420826
New-Keynesian macroeconomic models typically assume that any long-run trade-off between inflation and unemployment is … rate, unemployment and inflation in West Germany from the early 1960s up to 2004 using a multivariate cointegration … data a strong negative correlation between the trend components of inflation and unemployment. We show that this finding …
Persistent link: https://www.econbiz.de/10010260877
New-Keynesian macroeconomic models typically assume that any long-run trade-off between inflation and unemployment is … rate, unemployment and inflation in West Germany from the early 1960s up to 2004 using a multivariate co … data a strong negative correlation between the trend components of inflation and unemployment. We show that this finding …
Persistent link: https://www.econbiz.de/10005068985