A simple plot of seasonal adjusted quarterly data between the change of nominal wage rates and the unemployment rate …-integration of wage rate changes and unemployment rate is not the argument that could be drawn on to sustain this scepticism. On the … separated components support Phillips’ hypothesis of a negative relationship between wage rate changes and the unemployment rate. …

) have been used as a means to fight high unemployment. This paper discusses the mechanisms through which ALMPs affect (un)employment … open unemployment, but also reduced regular employment. The overall policy conclusion is that ALMPs of the scale used in …. There should be a greater emphasis on holding down long-term unemployment in general and a smaller emphasis on youth …

plot of seasonal adjusted quarterly data between the change of nominal wage rates and the unemployment rate shows a picture …

Swedish unemployment was very low up to the early 1990s when it rose rapidly. At the same time manufacturing employment …

The Non-Accelerating Inflation Rate of Unemployment (NAIRU) is a major concept in (monetary) economics in predicting … changes in the inflation rate. As the inflation neutral unemployment rate is an unobserved and, in the long run, a changing … changes in the unemployment rate or the labor productivity are necessary to forecast changes in the inflation rate accurately …