unemployment." …

unemployment rate gap has tracked this summary measure closely over the past 35 years. At times, however, the summary measure and … the unemployment rate gap have sent somewhat different signals. In terms of relying on the principal components summary … measure vis-à-vis the unemployment rate gap for explaining inflation, we argue that the recent evolution of wage inflation is …

This article characterizes the change in the nature of the money growth-inflation and unemployment …

By most estimates, the U.S. unemployment rate is currently below its "natural rate." The implication is the economy is …

The natural rate of unemployment has become an important topic recently as the Federal Reserve has raised short …-term interest rates in an attempt to keep the economy from overheating. The natural rate represents the lowest possible unemployment … are reported in the author's "New Estimates of the Natural Rate of Unemployment," which appeared in the Fourth Quarter …

The relationship between the unemployment rate and the nonaccelerating inflation rate of unemployment (NAIRU) is …