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Hidden Costs of Ban the Box Laws: Unraveling the Effects on Drug-Related Deaths. [PDF]
Cheipesh O.
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Exploring the Drivers of Food Waste Across EU Member States: A Socio-Economic and Environmental Perspective. [PDF]
Aleksanyan V +9 more
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Partisan Influence on Policy Preferences in Retrenching the Welfare State. [PDF]
NemĨok M, Wass H, Vesa J.
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Evaluating the disaggregated impact of renewable and non renewable electricity generation on economic welfare in India. [PDF]
Khan KA +3 more
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In search of the natural rate of unemployment
Journal of Monetary Economics, 2003We use a structural-VAR model to estimate the steady-state rate of unemployment, which we define as the natural rate. Although nothing constrains it to do so, the natural rate measured by this approach implies a strong negative relationship between cyclical unemployment and inflation, adding to the empirical evidence for a short-run Phillips Curve ...
Thomas B. King, James C. Morley
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Estimating Natural Rates of Unemployment: A Primer
Federal Reserve Bank of San Francisco, Working Paper Series, 2023Before the pandemic, the U.S. unemployment rate reached a historic low that was close to estimates of its underlying longer-run value and the short-run level associated with an absence of inflationary pressures. After two turbulent years, unemployment returned to its pre-pandemic low, and the estimated underlying longer-run unemployment rate appeared ...
Brandyn Bok +3 more
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The natural rate of unemployment
2023The natural rate of unemployment hypothesis was a groundbreaking concept (Friedman & Phelps, 1967, 1968); however, with the introduction of the hysteresis hypothesis in unemployment rate (Blanchard & Summers, 1986) the existence of the natural rate is severely questioned by large number of economists.
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