Showing 1 - 10 of 39
The evolution of the rate of price inflation, (t), and unemployment, u(t), in Japan has been modeled within the … well as the whole deflationary period started in the late 1990s. The Phillips curve for Japan confirms the original concept … that growing unemployment results in decreasing inflation. A linear and lagged generalized Phillips curve expressed as a …
Persistent link: https://www.econbiz.de/10011260989
Past and future evolution of inflation, p(t), and unemployment, UE(t), in Japan is modeled. Both variables are … linear and lagged generalized relationship between inflation, unemployment and labor force has been also obtained for Japan … unemployment in Japan: CPI inflation will be negative (between -0.5% and -1% per year) during the next 40 years. Unemployment will …
Persistent link: https://www.econbiz.de/10005260050
developed an integral technique similar to CUSUM using an empirical model quantitatively linking the rate of inflation and … uncorrelated noise and systematic errors. Our previous model of inflation and unemployment in Canada is enhanced by the … introduction of inflation targeting as a new monetary policy in 1991 resulted in a structural break manifested in a lowered rate of …
Persistent link: https://www.econbiz.de/10008927057
The welfare state was created after 1950 with counterproductive mechanisms and this caused high inflation and high …
Persistent link: https://www.econbiz.de/10011108214
and lagged relationships between the rates of inflation, unemployment, and change in labour force. For France, several … relationships were estimated eight years ago. The change rate of labour force was used as a driving force of inflation and … estimated with eight new readings obtained since 2004. The rate of CPI inflation is predicted with RMSFE=1.5% per year. For the …
Persistent link: https://www.econbiz.de/10011109998
We model the rate of inflation and unemployment in Austria since the early 1960s within the Phillips/Fisher framework … macroeconomic variable was first tested as a predictor of inflation and unemployment in 2005 with the involved time series ended in … relationships between inflation, unemployment, and labour force. As before, a structural break is allowed in these relationships …
Persistent link: https://www.econbiz.de/10011110150
In his Inquiry into the Nature and Causes of the Wealth of Nations Adam Smith (1776) considered the phenomenon of division of labor so enormously significant for the creation of a nation’s wealth that he devoted the first three chapters of his book to an investigation of this process. This is...
Persistent link: https://www.econbiz.de/10008596380
were not only used for building new homes at a price in line with CPI inflation, but the volume of such funds injected … allowed the housing stock to appreciate in price over and above the CPI inflation level. In 1998 still only 16.3% of funds … provided were used to increase the housing stock prices over CPI inflation, while 83.7% was used to build new homes. By 2004 …
Persistent link: https://www.econbiz.de/10011163523
infrastructure and its relation to the right to decent work, GDP, inflation and the unemployment rate is the pillar on which this …
Persistent link: https://www.econbiz.de/10011260387
Central Banks have gained much credibility in controlling one important macroeconomic variable: inflation. This paper … tries to examine the relation between inflation and other economic variables in Croatia by searching for the best …
Persistent link: https://www.econbiz.de/10005260090