compatible with 2 percent inflation in Germany is currently around 7 percent if the definition of unemployment follows the … 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 following roughly the …

This paper is devoted to a new estimation of the non-accelerating inflation rate of unemployment (NAIRU) for the West … German Economy 1980 to 1998. The novelty of the paper is the estimation of a time-varying NAIRU for West Germany employing …

compatible with 2 percent inflation in Germany is currently around 7 percent if the definition of unemployment follows the … 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 following roughly the …

high unemployment does not put downward pressure on the inflation rate. During the 1970s and 1980s in Germany, there …The evolution of unemployment in West Germany and the United States stands in sharp contrast, with German unemployment … examining the relationship between inflation and unemployment, which sheds light on these developments. The theoretical section …

dynamics of employment and unemployment in order to identify key issues for the sources of the malfunctioning of these labour …

either, and wage setting cannot be solely held responsible for high unemployment in situations of recession and mismatch in …