Pérez-Soba Aguilar, Inés; Márquez De la Cruz, Elena; … - 2006
the determination of the Non-Accelerating Inflation Rate of Unemployment (NAIRU) over the last four decades. The authors … of imports, and aggregate capacity utilization were determinants of the NAIRU during the period. The same evidence also … shows that technical progress and changes in long-term unemployment did not affect the NAIRU. We believe this evidence …