This paper envisages estimating the Time-Varying Non-Accelerating Inflation Rate of Unemployment (TV-NAIRU) as an …-08 which is above the actual unemployment rate. The results also indicate that the NAIRU is a relevant concept and the … unemployment gap should be one of the factors considered when assessing inflationary pressure in Pakistan. …

facing an inflation-unemployment trade-off …This paper is focused on Modern Monetary Theory’s (MMT) treatment of inflation from an open economy perspective. It … analyzes how the inflation process is explained within the MMT framework and provides empirical evidence in support of this …

facing an inflation-unemployment trade-off. …This paper is focused on modern monetary theory's (MMT) treatment of inflation from an open-economy perspective. It … analyses how the inflation process is explained within the MMT framework and provides empirical evidence in support of this …

We study the time path of inflation and unemployment using the Blanchard treatment of the relationship between the two … the results. The economic dynamics of inflation and unemployment shows that they fluctuate around their intertemporal … equilibria, inflation around the growth rate of nominal money supply, respectively, and unemployment around the natural rate of …

' macroeconomic performances. We use the World Values Survey and inflation, unemployment, and economic growth data collected from 2010 … financial satisfaction has a negative relationship with inflation and unemployment and a positive relationship with economic … related to economic growth, employment, and inflation. Motivated by "Happiness Economics," this paper focuses on financial …

This paper examines the role of firm turnover in explaining inflation dynamics. I augment a New-Keynesian DSGE model … economy. Results show that shocks to the entry cost explain more than half of the inflation variance at the business cycle … frequencies. When it is cheap to create firms, the number of new firms goes up and inflation increases as labour intensive …

The recent exacerbation of unemployment crisis in Nigeria stands to be a serious threat to both socio … present study explores the link between trade and unemployment for the case of Nigeria with the intention of exploring how the … unemployment crisis has been impacted within the dynamics of the country's trade performance. The empirical evidence shows that the …

testing approach to cointegration. Empirical results indicated that inflation in Nigeria proxied by CPI exhibited a strong … degree of inertia. The econometric results showed that past inflation and average rainfall appeared to have been the main … supply in the inflation process, lending credence to the dominance of the monetarist proposition on inflation dynamics in …

This paper analyses the relation between US inflation and unemployment from the perspective of quot;frictional growth … policy has not only persistent, but permanent real effects, giving rise to a long-run inflation-unemployment tradeoff. We … the US unemployment and inflation trajectories during the nineties …

Low and unresponsive inflation has been termed a “puzzle.” The paper describes a formula for which these conditions … variability of forward long-term inflation. Its U.S. inflation forecasts are comparable to recognized leaders in accuracy with … potential applicability to international economies as well.Inflation Elasticity, the responsiveness of inflation to monetary …