Results 91 to 100 of about 8,346 (201)
Multiple shifts and fractional integration in the us and uk unemployment rates [PDF]
This paper analyses the long-run behaviour of the US and UK unemployment rates by testing for possibly fractional orders of integration and multiple shifts using a sample of over 100 annual observations.
A Lindbeck +39 more
core +2 more sources
Assessing the effects of monetary policy and wage bargaining on employment andinflation in the European Monetary Union (EMU), the first step sees development of a Post-Keynesian competitive claims model of inflation with endogenous money.
Eckhard Hein
doaj
The Labour Market in a New Neoclassical Synthesis Model with Nominal Wage Rigidities
The aim of this article is to review a body of research that uses labour market components to build models of Dynamic Stochastic General Equilibrium (DSGE) and to assess the implications of such models for monetary policy.
Przemysław Włodarczyk
doaj +1 more source
The concept of a natural rate of unemployment, or nonaccelerating inflation rate of unemployment (NAIRU), remains controversial after twenty-five years. This essay presents a brief for no-confidence, in four parts. First, the theoretical case for the natural rate is not compelling.
openaire +2 more sources
The Phillips Curve and NAIRU Revisited: New Estimates for Germany [PDF]
This paper provides new estimates of a time?varying NAIRU for Germany taking account of the structural break caused by German unification based on the Kalman Filter and on a partially linear model as two alternatives. Estimating a standard Phillips curve,
Bode, Oliver +2 more
core
After Keynesianism: Economic Theories for a (non) Economic Policy
This paper presents a brief discussion on the evolution of macroeconomics and economic policy after Keynes. Particularly, we describe the emergence of a new standard of economic research, after the «stagflation» of the 1970s, which resurrects the (pre ...
Alberto Russo
doaj +1 more source
Hysteresis and Nairu in the Euro Area [PDF]
This paper analyses the Nairu in the Euro Area and the influence that hysteresis had on its development. Using the Kalman-filter technique we find that the Nairu has varied considerably since the early seventies.
Camille Logeay, Silke Tober
core
La tasa natural de desempleo en Colombia 2003 – 2010
El propósito principal de este artículo es calcular la Tasa Natural de Desempleo (TND) de Colombia para el periodo 2003-2010. Se efectúa a través de la estimación econométrica de una Curva de Phillips Ampliada por Expectativas. La TND encontrada es de 8.
Jorge Humberto Triana-Machado
doaj
Time-varying Nairu and Real Interest Rates in the Euro Area [PDF]
This paper analyses the Nairu in the Euro Area and the influence that monetary policy had on its development. Using the Kalman-filter technique we find that the Nairu has varied considerably since the early seventies.
Camille Logeay, Silke Tober
core
Estimation of the potential GDP by a new robust filter method. [PDF]
Gyurkovics É, Takács T.
europepmc +1 more source

