Results 11 to 20 of about 2,428 (216)
NAIRU estimates in a transitional economy with an extremely high unemployment rate: The case of the Republic of Macedonia [PDF]
The main goal of the paper is to estimate the NAIRU for the Macedonian economy and to discuss the applicability of this indicator. The paper provides time-varying estimates for the period 1998-2012, which are obtained using the Ball and Mankiw ...
Trpeski Predrag, Tevdovski Dragan
doaj +1 more source
La NAIRU y la informalidad en el mercado laboral mexicano
La tasa de desempleo no aceleradora de la inflación (NAIRU, por sus siglas en inglés) no es directamente observable y la presencia de trabajadores informales impone un desafío adicional en su estimación.
Ana María Aguilar Argaez +3 more
doaj +1 more source
Production Constraints and the NAIRU [PDF]
AbstractThis paper argues that the production constraints in the basic NAIRU model should be distinguished by type: capital constraints and labour constraints. It notes the failure to incorporate this phenomenon in standard macro models. Using panel data for UK manufacturing over 80 quarters we show that capital constraints became relatively more ...
Ciaran Driver, Stephen G. Hall
doaj +7 more sources
The NAIRU in Theory and Practice [PDF]
This paper discusses the NAIRU—the non-accelerating inflation rate of unemployment. It first considers the role of the NAIRU concept in business cycle theory, arguing that this concept is implicit in any model in which monetary policy influences both inflation and unemployment.
Laurence Ball, N. Gregory Mankiw
openaire +5 more sources
Causes of unemployment and the effectiveness of demand policies [PDF]
The rise in unemployment suffered by many advanced economies since 2007, particularly in Europe, has revived long standing debates about what policies are better equipped to fight unemployment.
Gil, Antonio Rodriquez +1 more
core +6 more sources
Este artículo analiza el impacto de la política monetaria en la tasa de desempleo no aceleradora de la inflación (NAIRU), o equilibrio de los mercados de trabajo para los países que pertenecen a la Alianza del Pacífico (Chile, Colombia, Perú y México ...
Carlos David Cardona-Arenas +1 more
doaj +1 more source
Flavonoids and Phenolics Contents, Antioxidant and Antibacterial Potential of Folk Medicinal Plants Used in Northeastern Thailand [PDF]
Background and objectives: Thailand has abundant traditional medicinal plant species which are efficacious for many illnesses, but most of them still lack the supportive scientific information for their healing properties.
Wannee Samappito +2 more
doaj +1 more source
Inflation expectations and nonlinearities in the Phillips curve
Summary This paper examines the presence of nonlinearities in the Phillips curve. We allow for a flexible form of nonlinearity and estimate a threshold regression model with the number and location of thresholds determined directly from the data. Over the estimation period starting in the late 1960s, we document that the linear model cannot be rejected
Alexander Doser +3 more
wiley +1 more source
Fiscal Policy in the COVID‐19 Era1
This paper analyses the COVID recession and the large fiscal policy response by modelling scenarios using a macro‐econometric model. The COVID recession mainly arose from lower household consumption of certain services under COVID social distancing. The fiscal response to compensate for income losses in those service industries meant that unemployment ...
Chris Murphy
wiley +1 more source
A growth regime approach to demand, distribution, and employment with endogenous NAIRU dynamics
This study builds a growth regime model to analyse demand, income distribution, and employment rate. It also examines the causes and effects of the endogenous dynamics of the non-accelerating inflation rate of unemployment (NAIRU) from Régulationist and ...
Hiroshi Nishi
doaj +1 more source

