Results 91 to 100 of about 2,568 (219)
The NAIRU, Unemployment and Monetary Policy
This paper examines the precision of conventional estimates of the NAIRU and the role of the NAIRU and unemployment in forecasting inflation. The authors find that, although there is a clear empirical Phillips relation, the NAIRU is imprecisely estimated,
Mark W. Watson +2 more
core +2 more sources
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
La función de producción Cobb – Douglas y la economía española [PDF]
En este trabajo analizamos el uso creciente del concepto función de producción Cobb - Douglas, basado en la obra de Solow, en trabajos aplicados a la economía española, relacionados con la determinación de la posición cíclica y la contribución de los ...
José Francisco Bellod Redondo
doaj
NAIRU estimates for Germany: New evidence on the inflation-unemployment trade-off [PDF]
The paper estimates the NAIRU from a Phillips curve relationship in the state-space framework. To identify the inflation-unemployment trade-off we account for a time-varying inflation trend to control for the part of inflation that is not affected by the
Kajuth, Florian
core
Dual labor market and the "Phillips curve puzzle": the Japanese experience. [PDF]
Aoyama H +3 more
europepmc +1 more source
Wage bargaining and monetary policy in a Kaleckian monetary distribution and growth model: trying to make sense of the NAIRU [PDF]
In a Kaleckian monetary distribution and growth model with conflict inflation we assess the role of a Non Accelerating Inflation Rate of Unemployment (NAIRU).
Eckhard Hein
core
Convergence of the NAIRU: the Colombian case
This paper analyzes the NAIRU from the perspective of the Extended Phillips Curve. It takes an overview of the work done in the field, and, makes several estimates of the NAIRU.
Cancelado, Dario
core +1 more source
¿Intercambio compensado entre inflación y desempleo? El estado como empleador directo
En este documento se planteará, contrariamente a lo que sugiere la ortodoxia predominante en la ciencia económica, que el bienestar de la sociedad mejora no solo con el control de la inflación sino también, y posiblemente más importante, con la reducción
Jorge G. Osorio Vaccaro
doaj +1 more source
Do Minimum Wages Raise the NAIRU? [PDF]
A high minimum wage (relative to average wages) raises nominal wage growth and hence inflation. This effect can be offset by extra unemployment; so the minimum wage increases the Non-Accelerating Inflation Rate of Unemployment or NAIRU. This effect is clearly discernible and robust to variations in model specification and sample period.
openaire +1 more source
Estimation of a Time Varying NAIRU for France. [PDF]
Among several concepts encompassed by the idea of an equilibrium rate of unemployment (labour mismatch, unemployment trend, non inflationary unemployment, structural unemployment), the NAIRU appears as the most interesting one for a central bank since it
Irac, D.
core

