Labor-Market Performance and Macroeconomic Policy: Time-Varying NAIRU in the Czech Republic (in English) [PDF]
During the second half of the 1990s, the Czech economy experienced a sharp increase in the unemployment rate. The authors attempt to determine whether this was caused by structural changes, worsening labor-market performance, or by the changing business ...
Jaromír Hurník, David Navrátil
core
Is there scientific progress in macroeconomics? The case of the NAIRU
European Journal of Economics and Economic Policies: Intervention, 2020 We address the question posed in the title of this paper by investigating recent developments in the literature that estimates the NAIRU. A necessary condition for the existence of a NAIRU is dynamic homogeneity: the Phillips curve should be homogeneous of degree one in lagged and/or expected inflation.
Lang, Dany +2 more
openaire +2 more sources
Reducing the NAIRU and Achieving Full Employment
Australian Economic Review, Volume 58, Issue 3, Page 246-250, September 2025.
Ross Garnaut, Peter Dawkins
wiley +1 more source
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
Richard Startz, Arabinda Basistha
core
Foundations of the Goldilocks Economy: Supply Shocks and the Time-Varying NAIRU [PDF]
macroeconomics, Foundations, Goldilocks Economy, Supply Shocks, Time-Varying ...
Robert J. Gordon
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Is the NAIRU More Useful in Forecasting Inflation than the Natural Rate of Unemployment? [PDF]
Recent studies have indicated that the terms 'NAIRU' (non-accelerating inflation rate of unemployment) and 'natural rate of unemployment' are not interchangeable.
Claar, Victor V
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De la curva de Phillips a la NAIRU: un análisis empírico
Análisis Económico, 2011 En este artículo se efectúa una reseña de la evolución histórica del concepto Tasa de Desempleo No Aceleradora de la Inflación (nairu, por su acrónimo en inglés) a partir del debate en torno a la curva de Phillips; se revisan algunos problemas ...
José Dimas Liquitaya Briceño
doaj
Unemployment Hysteresis by Sex and Education Attainment in the EU. [PDF]
J Knowl Econ, 2023 Cuestas JC, Gil-Alana L.
europepmc +1 more source
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
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Studying the NAIRU and its Implications [PDF]
The current paper is a means of demonstrating our knowledge about macroeconomic theories, and its key variables, phenomena, and history. Given the key role that the Non-Accelerating Inflation Rate of Unemployment (NAIRU) has in the macroeconomic theory ...
Bozani, Vasiliki, Drydakis, Nick
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