Various inflation forecasting models are compared using a simulated out-of-sample forecasting framework. We focus on … the question of whether monetary aggregates are useful for forecasting inflation, but unlike previous work we examine a … theory, but only when the cointegrating relations are specified a priori based on economic theory. When estimated …

fallen nach und nach weg; die überall deutlich expansive Geldpolitik kann damit ihre stimulierende Wirkung stärker entfalten … Stand seit der Wiedervereinigung. Ein Wendepunkt der negativen Entwicklung bei der Arbeitslosigkeit wird bis zum Ende des …

fallen nach und nach weg; die überall deutlich expansive Geldpolitik kann damit ihre stimulierende Wirkung stärker entfalten … Stand seit der Wiedervereinigung. Ein Wendepunkt der negativen Entwicklung bei der Arbeitslosigkeit wird bis zum Ende des …

Because of continuing Inflation and rising unemployment, Americans were beginning to feel rather frustrated with the …

little employment protection and low unemployment benefits, while the European model (generous benefits and higher duration …

We develop a growth model with unemployment due to imperfections in the labor market. In this model, wage inertia and …

This paper proposes a model of the US unemployment rate which accounts for both its asymmetry and its long memory. Our … standard limit distribution. The empirical results suggest that the US unemployment rate can be specified in terms of a … with path dependency rather than a NAIRU model with an underlying unemployment equilibrium rate, hence giving support to …

The very low interest rates and inflation rates of recent years has generated renewed interest in alternative policies …

covering the development on an aggregate level. Estimations to shed light on the relation between unemployment and labour force … years. However, the impact of this development on unemployment is rather limited. …