of an inflation, induced primarily by monetary forces, when nominal wages failed to keep pace with the rise in consumer …

reciprocal relationship. The variable considered are: unemployment, inflation, consumptions, investments and current accounts. We … between investment and unemployment, c) we show the revival of the Phillips curve, especially in Germany, d) we test for the … relationship between unemployment and the Government deficit, e) we show the existence of a relationship between unemployment and …

reciprocal relationship. The variables considered are: unemployment, inflation, consumptions, investments and current accounts …-Okun relationship between investment and unemployment, c) we show the revival of the Phillips curve, especially in Germany, d) we test … for the relationship between unemployment and the Government deficit, e) we show the existence of a relationship between …

money growth leads to higher inflation and higher unemployment, so the long-run Phillips curve is not vertical. The optimal … monetary growth rate decreases with the workers’ bargaining power, the level of unemployment benefits and the payroll tax rate. …

inflation-unemployment relationship. The first model assumes a simple linear correlation between unemployment and the growth … rate of GDP, while inflation is a parabolic function of GDP. The second model extends the first one by reformulating the … unemployment as depending in a quadratic way on production. Based on the second model, the author has also identified that …

Recent studies have indicated that the terms 'NAIRU' (non-accelerating inflation rate of unemployment) and 'natural … twentieth century. The analysis reveals that the overall inflation-forecasting utility of the natural rate of unemployment … rate of unemployment' are not interchangeable. While NAIRU is an empirical macroeconomic relationship estimated via a …

In Ireland the link between real disequilibrium (such as the unemployment gap) and inflation (either price or wage) is … blurred by external factors, operating through traded goods price inflation. Attempts to extract information about the … unobservable NAIRU from aggregate inflation measures, such as the HICP or wages inflation, are likely to be swamped by these …

force. Originally, the model linking unemployment to inflation and labor force was developed and successfully tested for …. Nevertheless, the model explains between ~65% and ~95% of the variability in unemployment and inflation. For Italy, the rate of …Using an analog of the boundary element method in engineering and science, we analyze and model unemployment rate in …