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distribution. The conventional method of analysis is regression of summary inequality indices on variables such as the unemployment … and inflation rates. Building on the lessons from recent advances in time-series econometrics, we suggest instead that one …
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Central bankers are raising interest rates on the assumption that wage-push inflation may lead to stagflation. This is … not the case. Although unemployment is low, the labor market is not 'tight'. On the contrary, we show that what matters …
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What are the broad societal implications of inflation and unemployment? Analyzing a dataset of over 1.9 million …, we find that both inflation and unemployment have a negative link with confidence in financial institutions. While … inflation is generally unassociated with confidence in government and leadership approval, unemployment still has a strong …
Persistent link: https://www.econbiz.de/10014419497
relating unemployment and vacancies to inflation, the link between these labor market indicators and inflation depends on … curve shifts between 1960 and 2000. A reduction in matching efficiency, that depressed unemployment outflows, shifted the … Beveridge curve is essential for drawing policy conclusions from the joint behavior of unemployment and job openings. …
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high during 2016-2019, keeping inflation below the Reserve Bank's target band. Optimal monetary policy in 2016-2019 would …
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estimates. The research period has been characterised by high labour demand, negative supply shocks, high levels of inflation …
Persistent link: https://www.econbiz.de/10014545239