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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 …
Persistent link: https://www.econbiz.de/10011260989
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
The concept of NAIRU summarized the observed negative correlation between the unemployment rate and the inflation rate …
Persistent link: https://www.econbiz.de/10011112751
likelihood of a variety of crises—banking, currency, external default and inflation. For Latin America, in particular, large … capital flow bonanzas have seldom ended well. The implications for inflation of importing (via less than fully flexible …
Persistent link: https://www.econbiz.de/10011258911
neighborhood and unobserved heterogeneity of countries of the region to analyze the effects of Policy mix on inflation, the output … mechanism of propagation of shocks affecting the level of inflation and a mecanisme for output stabilization. …
Persistent link: https://www.econbiz.de/10011258948
Over the last decade or more micro price studies have proliferated. In this paper a survey of this literature reveals alternative theoretical explanations of sticky prices: (a) sellers review and change prices only at predetermined intervals (except under extraordinary circumstances), so that...
Persistent link: https://www.econbiz.de/10011261027
Research Problem: The primary purpose of the paper is to set up a macroeconomic model that depict domestic inflation … methodology: To investigate domestic inflation sensitivity to macro variables time-varying coefficient estimation approach … (government spending) is the main driver of domestic inflation,the increasing role of parallel market for foreign exchange and …
Persistent link: https://www.econbiz.de/10011261045
, price inflation, labor force participation, productivity, and unemployment. The evolution of real GDP depends only on …
Persistent link: https://www.econbiz.de/10005260315
-run sensitivity of output to inflation. …
Persistent link: https://www.econbiz.de/10005621206
subsidies, consumer price inflation rose, which reduced consumers’ purchasing power. This article empirically investigates the … impact of world food prices on inflation and government subsidies for Algeria, Egypt, Israel, Jordan, Lebanon, Morocco, the … response of consumer price inflation to world food price shocks, in that soaring world food prices made inflation rise fast …
Persistent link: https://www.econbiz.de/10010601619