Results 271 to 280 of about 406,975 (332)
Some of the next articles are maybe not open access.
The Minimum Wage and Natural Rate of Unemployment
Atlantic Economic Journal, 2023D. Vitaliano
openaire +2 more sources
What’s the natural rate of unemployment? Answers from forecasters
International Review of Applied Economics, 2019For its panel survey of professional macroeconomic forecasters, the US Federal Reserve asks panelists whether they use the ‘natural rate of unemployment’ (NRU) or ‘non-accelerating inflation rate of unemployment’ (NAIRU) in formulating their forecasts ...
Kevin W. Capehart
semanticscholar +1 more source
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
openaire +1 more source
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.
openaire +1 more source
State Natural Rates of Unemployment
SSRN Electronic Journal, 2016I construct estimates for the natural rate of unemployment by state and year from 1981 to 2013. The estimate is conditional on a set of standard public finance variables and state fixed effects. While year fixed effects were used to estimate the model, the year fixed effects are dropped and replaced with a value that forces the national natural rate of
openaire +1 more source
Social Science Research Network, 1989
The methodology used in this paper has three distinguishing features: the natural rate of unemployment and potential output are jointly estimated; estimation integrates wage and price data with "real" and structural data; and third, the methodology ...
Charles L Adams, D. Coe
semanticscholar +1 more source
The methodology used in this paper has three distinguishing features: the natural rate of unemployment and potential output are jointly estimated; estimation integrates wage and price data with "real" and structural data; and third, the methodology ...
Charles L Adams, D. Coe
semanticscholar +1 more source
Friedman’s Characterization of the Natural Rate of Unemployment [PDF]
, 2016 Arguably, of the many pioneering classics authored by Milton Friedman, it is his Presidential Address to the American Economic Association, in December, 1967, published as The Role of Monetary Policy in the AEA, in March, 1968, that may have had the greatest impact in serious policy circles.
openaire +1 more source
Structural Determinants of the Natural Rate of Unemployment in Canada
Social Science Research Network, 1989Empirical estimates are presented of the policy and structural determinants of the natural rate of unemployment in Canada. The structural features of the economy that impinge on the adjustment of real wages to their equilibrium level are discussed, and ...
D. Coe
semanticscholar +1 more source
The Unnatural “Natural” Rate of Unemployment
Journal of Post Keynesian Economics, 1981(1981). The Unnatural “Natural” Rate of Unemployment. Journal of Post Keynesian Economics: Vol. 4, No. 1, pp. 25-31.
openaire +1 more source
Money and the Natural Rate of Unemployment
2000The prevailing view among economists and policy makers is that money has no impact on production in a longer term characterised by full price and wage flexibility and rational expectations. This book presents a revisionist view of monetary policy and monetary regimes.
openaire +2 more sources