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.p. over the annualized inflation); ii) a shock on the unemployment rate lasts for 18 months; iii) a shock on the expectations … has no effect over the unemployment rate. That is, more inflation does not reduce unemployment. …
Persistent link: https://www.econbiz.de/10010330807
Brazilian economy); and c) in the short-run both the unemployment rate and the exchange rate shock are not important …
Persistent link: https://www.econbiz.de/10010330855
.p. over the annualized inflation); ii) a shock on the unemployment rate lasts for 18 months; iii) a shock on the expectations … has no effect over the unemployment rate. That is, more inflation does not reduce unemployment. …
Persistent link: https://www.econbiz.de/10009553780
Brazilian economy); and c) in the short-run both the unemployment rate and the exchange rate shock are not important …
Persistent link: https://www.econbiz.de/10009273892