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Inflation – Unemployment Dilemma. A Cross-Country Analysis
Scientific Annals of Economics and Business, 2022 According to Phillips’ study, there is an inverse link between inflation and unemployment. The major consequence of these imbalances lies in authorities’ ability to correct one of them, usually the unemployment, by influencing the components of the ...
Cristian Constantin Popescu +1 more
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Review of Keynesian Economics, 2019 This paper provides a critique of zero lower bound (ZLB) economics which has become the new orthodoxy for explaining stagnation. ZLB economics is an extension of pre-Keynesian economics which attributes macroeconomic dysfunction to rigidities and market ...
T. Palley
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A Kalman-Filter Approach to Estimating the Natural Rate of Unemployment [PDF]
Zbornik radova Ekonomskog fakulteta u Rijeci : časopis za ekonomsku teoriju i praksu, 2005 The terms “NAIRU” and “natural rate of unemployment” are not interchangeable. Further, while there is a consensus that the NAIRU represents an empirical macroeconomic relationship, little agreement exists regarding what is meant by the “natural rate of ...
Victor V. Claar
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Unemployment hysteresis in the “Nordic Kitten”: Evidence from five Estonian regions [PDF]
Panoeconomicus, 2015 Unemployment hysteresis is a much discussed and researched topic in macroeconomics. The present paper examined unemployment hysteresis in five Estonian regions.
Furuoka Fumitaka
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Labor market effects of COVID-19 shocks
International Journal of Management and Economics, 2023 We study the impact of several Covid-19 related supply shocks. We use a standard wage setting-price setting model of the labor market and analyze the transmission of the shocks to the natural rate of unemployment and production.
Frenkel Michael +2 more
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Missing wage inflation? Estimating the natural rate of unemployment in a nonlinear DSGE model
, 2018 During the recovery from the global financial crisis, most advanced economies have experienced a surprisingly weak response of wage inflation to the decline in unemployment. In this study, we investigate whether downward wage rigidity (DWR) is the source
Yuto Iwasaki, Ichiro Muto, M. Shintani
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Estimation of the optimal unemployment rate in accordance with the full employment of the labor force in Iran's economy for the years 69 to 1400 [PDF]
اقتصاد باثباتEstimation of the optimal unemployment rate in accordance with the full employment of the labor force in Iran's economy for the years 69 to 1400:Achieving full employment as a long-term goal has been emphasized in the system's twenty-year vision document,
Mohamad reza seyyed nourani +2 more
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Ömer Halisdemir Üniversitesi İktisadi ve İdari Bilimler Fakültesi DergisiThe research looks into the lasting impacts of youth unemployment rates in Türkiye after Covid-19 to comprehend the condition of the labor market. The goal is to assess whether the effect is enduring or short-lived, examining the credibility of the ...
Ali İhsan Balcı
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The analysis of the population economic activity and unemployment in the South Moravian region
Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis, 2005 This article deals with analysis of the South Moravian region population economic activity and unemployment state and development. The analysis of the population economic activity and unemployment is a part of the demographic, social and economic ...
Jaroslava Hudečková
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Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis, 2011 This paper studies the Czech economy before, during and after the economic crisis. Consequences on the labour market, respectively on unemployment are also discussed in the paper.
Pavel Tuleja, Michal Tvrdoň
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