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Measuring the NAIRU with Reduced Uncertainty: A Multiple Indicator-Common Component Approach [PDF]
Standard estimates of the NAIRU or natural rate of unemployment are subject to considerable uncertainty. We show in this paper that using multiple indicators to extract an estimated NAIRU cuts in half uncertainty as measured by variance. The inclusion of
Arabinda Basistha, Richard Startz
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How Precise are Estimates of the Natural Rate of Unemployment? [PDF]
This paper investigates the precision of conventional and unconventional estimates of the natural rate of unemployment (the 'NAIRU'). The main finding is that the NAIRU is imprecisely estimated: a typical 95% confidence interval for the NAIRU in 1990 is ...
Douglas Staiger +2 more
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Inflation and Unemployment: What is the Connection? [PDF]
, 2004 CRS_April_2004_Inflation_and_Unemployment.pdf: 91109 downloads, before Oct.
Cashell, Brian W.
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A system approach for measuring the euro area NAIRU [PDF]
This paper addresses the issue of measuring the NAIRU for the euro area and assessing the robustness and precision of the obtained estimates. The empirical framework adopted is based on systems combining an Okun-type relationship between cyclical ...
Fabiani, Silvia, Mestre, Ricardo
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Unemployment persistence in Europe: evidence from the 27 EU countries. [PDF]
Heliyon, 2022 Caporale GM, Gil-Alana LA, Trejo PV.
europepmc +1 more source
Nova Economia, 2016 Neste artigo são desenvolvidas estimativas da Taxa de Desemprego Não Aceleradora da Inflação (NAIRU) para a economia brasileira. Esta é estimada com dados trimestrais de 2000 ao segundo trimestre de 2013 da taxa de desemprego aberta no período de ...
Luma De Oliveira +2 more
doaj
¿Intercambio compensado entre inflación y desempleo? El estado como empleador directo
Pensamiento Crítico, 2019 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
Dual labor market and the "Phillips curve puzzle": the Japanese experience. [PDF]
J Evol Econ, 2022 Aoyama H +3 more
europepmc +1 more source
NAIRU: Incomes Policy and Inflation [PDF]
OECD Economics Department Working Papers, 1997 Italy has been one of the few industrial countries resorting to incomes policy in the current decade. Many Italian observers have attributed to this policy the remarkable slowdown in wage and price inflation. However, no apparent progress has been made concerning labour market unbalances, as the unemployment rate remains 4 percentage points above the ...
openaire +1 more source
"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
Alfonso Palacio-Vera +3 more
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