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Endogenizing the Natural Rate of Unemployment
1996Item does not contain ...
Ees, H. van, Garretsen, J.H.
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This article provides a comprehensive description of the theoretical foundations and practical measurement methods of unemployment concept and unemployment rate. Unemployment represents the situation where economically active population cannot utilize their skills and labor; the article examines the main forms of unemployment (frictional, structural ...
Siytemmatov, Khudoyshukur +2 more
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Siytemmatov, Khudoyshukur +2 more
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Chaotic implications of the natural rate of unemployment
Structural Change and Economic Dynamics, 2002Abstract By means of a discrete time, dynamic model this paper shows that, despite correct short-term expectations about price change by all agents concerned, the economy may exhibit chaotic behaviour rather than convergence to a natural, equilibrium rate, when wage bargain takes place according to the usual specification of the Phillips curve while ...
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Inflation expectations and the natural rate of unemployment
Applied Economics, 1978(1978). Inflation expectations and the natural rate of unemployment. Applied Economics: Vol. 10, No. 3, pp. 187-193.
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How natural is the natural rate of unemployment in Europe? [PDF]
European economic performance has been disappointing in the 1980s. High unemployment has been a dominant policy issue, but in order to react properly, government authorities had to determine the causes of this unemployment. If inadequate aggregate demand were the source, expansionary fiscal or monetary policy could help to solve the problem; on the ...
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THE ‘NATURAL’ RATE OF UNEMPLOYMENT
Scottish Journal of Political Economy, 1976openaire +1 more source
Unemployment insurance schemes for reducing the natural rate of unemployment
Journal of Public Economics, 1989Bertil Holmlund, Per Lundborg
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