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account deficit, exchange rate, unemployment, inflation, and mortgage rates. Second, we employ probit and logit regression …
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increase in real household consumption in the long run. Unemployment also depicted a rare positive relationship, and we … attributed the phenomenon to consumer confidence in the economy. Furthermore, the results showed that inflation negatively …
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' PC (relating the level of the inflation rate, not the change in this rate, to the rate of unemployment); and the …
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Using the statistical technique of fuzzy clustering, regimes of inflation and unemployment are explored for the United … inflation/unemployment space. There is considerable similarity across the countries in both the regimes themselves and in the … timings of the transitions between regimes. However, the typical rates of inflation and unemployment experienced in the …
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peak at 12 months. (5) The probability of a wage change is positively correlated with the unemployment rate and with the … consumer price inflation rate. …
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