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¿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
Estimation of the potential GDP by a new robust filter method. [PDF]
Gyurkovics É, Takács T.
europepmc +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
The NAIRU - Concept: A Few Remarks [PDF]
This note gives a brief survey of main theoretical and empirical issues with respect to the NAIRU concept. According to modern labour market literature NAIRU is defined as the rate of unemployment at which inflation stabilizes in the absence of any wage ...
Schuh, Andreas-Ulrich, Pichelmann, Karl
core
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
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
Unemployment in Norway stayed at a rather low level both in the sixties and the seventies. In the same period Norwegian manufacturing industries lost competitiveness. A lower rate of unemployment than the equilibrium rate, which misleadingly often is called the nonaccelerating inflation rate of unemployment (NAIRU) may be an important reason for this ...
openaire +2 more sources
What goes down must come up: understanding time-variation in the NAIRU [PDF]
The behavior of inflation during the 1990s is consistent with the predictions of a model that assumes a constant long-run NAIRU and a constant long-run markup of output prices over unit labor costs.
Evan F. Koenig
core
"Capital Stock and Unemployment: Searching for the Missing Link" [PDF]
The purpose of this paper is to examine the proposition that capital stock relative to aggregate output has been an important variable in the determination of the U.S. NAIRU (Non-Accelerating Inflation Rate of Unemployment) over the last four decades. We
Ana Rosa Martinez-Canete +3 more
core
The human life vs economic loss dilemma: Relation between death rate and the output rate in Europe during the Covid 19 pandemic. [PDF]
Bollino CA.
europepmc +1 more source

