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any economy, Nigeria still contends with problems of high inflation and unemployment. This study examines the Phillips … curve hypothesis (inflation and unemployment trade-off) and its stability in Nigeria from 1980 to 2016 using the … between inflation and unemployment. The results of the ARDL bounds testing, FMOLS, DOLS, static OLS and CCR estimations …
Persistent link: https://www.econbiz.de/10014544481
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any economy, Nigeria still contends with problems of high inflation and unemployment. This study examines the Phillips … curve hypothesis (inflation and unemployment trade-off) and its stability in Nigeria from 1980 to 2016 using the … between inflation and unemployment. The results of the ARDL bounds testing, FMOLS, DOLS, static OLS and CCR estimations …
Persistent link: https://www.econbiz.de/10012871065
' PC (relating the level of the inflation rate, not the change in this rate, to the rate of unemployment); and the …
Persistent link: https://www.econbiz.de/10013347209
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We study the time path of inflation and unemployment using the Blanchard treatment of the relationship between the two … the results. The economic dynamics of inflation and unemployment shows that they fluctuate around their intertemporal … equilibria, inflation around the growth rate of nominal money supply, respectively, and unemployment around the natural rate of …
Persistent link: https://www.econbiz.de/10011571444
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between the inflation rate and the unemployment rate is extremely important. This tradeoff has become known as the Phillips … statistical technique that solves the omitted variables problem, to estimate the tradeoff between inflation and unemployment for … international context for the vast majority of the countries studied is affecting the inflation versus unemployment tradeoff. …
Persistent link: https://www.econbiz.de/10012167179