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increasing economic uncertainty and negatively to the higher growth rates of real investment and inflation, supporting the view … that there exists a degree of trade-off between inflation and unemployment. However, since persistent and soaring inflation …
Persistent link: https://www.econbiz.de/10009457479
inflation, unemployment, government deficit, and GDP growth into a single indicator. In contrast to other indexes, the EPI does …
Persistent link: https://www.econbiz.de/10010990724
inflation and unemployment in the long run, using quarterly US data from 1952 to 2010, and state-of-the art econometric methods …. Using a band-pass filter approach, we find strong evidence that a positive relationship exists, where inflation leads … relationship between inflation and unemployment is positive in the long run. …
Persistent link: https://www.econbiz.de/10010907072
The unemployment rate provides an important gauge of spare capacity in the labour market and the economy more generally. However, other factors also affect unemployment, which complicates its interpretation when informing monetary policy. Statistical methods can be used to estimate the extent to...
Persistent link: https://www.econbiz.de/10010949107
How are inflation and unemployment related in the long run? Are they negatively correlated, as in the so-called naive … in his Nobel lecture? <p> In this paper inflation is introduced into a general equilibrium search unemployment model. We … source of inflation. …
Persistent link: https://www.econbiz.de/10011019058
Les chiffres publiés le 24 septembre 2014 par la DARES semblent encourageants car ils présentent une baisse de 0.3% du taux de chômage des demandeurs d’emploi de catégorie A. Qu’en estil exactement ? Il ne s’agit en définitive que d’un changement d’un mois à un autre et si l’on...
Persistent link: https://www.econbiz.de/10011213426
The staff report for the 2006 Article IV Consultation on Botswana highlights economic developments and monetary and exchange rate policy. Botswana’s growth has been fueled by continued increases in diamond production; and real diamond output is projected to level off, and then decline...
Persistent link: https://www.econbiz.de/10011244994
Estonia has succeeded in reducing its macroeconomic imbalances and vulnerabilities, but faces the challenge of preserving its hard-earned fiscal and financial stability and enhancing long-term growth prospects. In this regard, adopting a fully fledged medium-term fiscal framework can help assess...
Persistent link: https://www.econbiz.de/10011245026
reciprocal relationship. The variable considered are: unemployment, inflation, consumptions, investments and current accounts. We … consumption, imports and corrent account, i) we show why a stable and growing inflation differential is not sustainable, but argue … that internal devalution is not an effective policy, pushing inflation rates to a worrisome lower level and even outright …
Persistent link: https://www.econbiz.de/10011261122
Purpose – The purpose of this paper is to analyze the time-inconsistency problem between inflation and unemployment …. Then the modified Barro-Gordon model's constraint is applied to the detrended inflation and unemployment rate. Findings … – The results of this study suggest that both inflation and unemployment series are not stationary and they include the unit …
Persistent link: https://www.econbiz.de/10005081194