unemployment to the change in the level of labour force in Canada. Inherently, our model belongs to the class of Phillips curve … uncorrelated noise and systematic errors. Our previous model of inflation and unemployment in Canada is enhanced by the … price inflation accompanied by a substantial fall in the rate of unemployment. Therefore, the new monetary policy in Canada …

and lagged relationships between the rates of inflation, unemployment, and change in labour force. For France, several … unemployment within the Phillips curve framework. Following the original problem formulation by Fisher and Phillips, the set of … study has validated the reliability and accuracy of the linear and lagged relationships between inflation, unemployment, and …

low-skilled workers’ unemployment are examined: wage-setting institutions, employment regulation, globalization, and …The OECD’s unemployment problem is largely concentrated among low-skilled workers. In this paper, four explanations of … achieve low rates of low-skilled unemployment. In contrast, investment in active labour market policies pays off in form of …

In this paper we analyze the effects of a monetary policy shock on Mexican unemployment rates. Unlike previous studies … we re-estimate unemployment rates so that these alternative rates are comparable to those of the OECD member countries …. We find that in response to tightening monetary policy, unemployment increases with a characteristic hump-shaped pattern …

important source of uncertainty is the relationship between inflation and unemployment. This Paper studies the optimal monetary … policy in the presence of uncertainty about the natural unemployment rate, the short-run inflation-unemployment trade-off and …

credible and therefore more effective in countries with high-quality institutions; iii) is more credible and therefore more …

unemployment and stagnating growth by 1970, called stagflation. Since 1970 governments redressed the welfare state but did not …