Recent studies have indicated that the terms 'NAIRU' (non-accelerating inflation rate of unemployment) and 'natural … features. This study evaluates comparatively the inflation-forecasting power of alternative time-varying estimates of the … twentieth century. The analysis reveals that the overall inflation-forecasting utility of the natural rate of unemployment …

Much of the US inflation forecasting literature deals with examining the ability of macroeconomic indicators to predict … the mean of future inflation, and the overwhelming evidence suggests that the macroeconomic indicators provide little or … no predictability. In this paper, we expand the scope of inflation predictability and explore whether macroeconomic …

aggregates on the inflation determination in Chile the last years. We estimate a rational expectations equations system derived … additional information in monetary aggregates -M1A and M2A- to predict inflation that were not contained in lags of output gap. …

confirmed at company level, whether it is robust to controlling for inflation expectations and whether it is concentrated among …

be verified always that exist equal evolution of their variables or for others words, always that inflation and … form and this just happen when inflation and unemployment rates growing for different directions (in the short-run) and … when inflation rate is growing and unemployment doesn't (in the long-run). …

The evolution of the rate of price inflation, (t), and unemployment, u(t), in Japan has been modeled within the … that growing unemployment results in decreasing inflation. A linear and lagged generalized Phillips curve expressed as a … link between inflation, unemployment, and labor force has been also re-estimated and validated by new data. Labor force …

autoregressive model for the inflation rate. By construction, our approach avoids a number of problems related to the GMM estimation … of the NKPC. We estimate the hybrid NKPC with quarterly U.S. data (1955:1-2010:3), and both expected future inflation and … lagged inflation are found important in determining the inflation rate, with the former clearly dominating. Moreover …

One of the key drivers for the policy makers is the tie-up between price inflation and unemployment. In relevance to … the economic theories in yester years, Phillips Curve has witnessed negative relationship between inflation and … unemployment in many economies. This has an implication that if government seeks to reduce the unemployment then the inflation goes …

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 …

This paper investigated the determinants of inflation in the Egyptian economy. Using annual data, covering the period … (1991-2012), a Vector Auto Regression Model (VAR) was estimated. The results of the empirical model confirmed that inflation …, exchange rate depreciation, and world food prices. Also, expectations seemed to play an important role as inflation rate …