Fitzenberger, Bernd; Franz, Wolfgang; Bode, Oliver - In: Jahrbücher für Nationalökonomie und Statistik 228 (2008) 5-6, pp. 465-496
measure of expected inflation rates is employed. Therefore, either the NAIRU concept is not applicable to Germany or, as it is … our suggestion, one estimates the unemployment rate that is compatible with a tolerable inflation rate of say 2 percent … that the NAIRU compatible with 2 percent inflation in Germany is currently around 7 percent if the definition of …