Showing 1 - 10 of 81
This paper analyses the Nairu in the Euro Area and the influence that hysteresis had on its development. Using the Kalman-filter technique we find that the Nairu has varied considerably since the early seventies. The Kalman-filter technique is applied here using explicit exogenous variables. In...
Persistent link: https://www.econbiz.de/10003744523
Persistent link: https://www.econbiz.de/10003358968
Persistent link: https://www.econbiz.de/10003412251
This paper analyses the Nairu in the Euro Area and the influence that monetary policy had on its development. Using the Kalman-filter technique we find that the Nairu has varied considerably since the early seventies. The Kalman-filter technique is applied here for the first time using explicit...
Persistent link: https://www.econbiz.de/10011438545
unemployment. This calls in question both the interpretation of potential output estimates as barriers to more vigorous inflation …
Persistent link: https://www.econbiz.de/10010458229
Persistent link: https://www.econbiz.de/10011414065
This paper analyses the Nairu in the Euro Area and the influence that monetary policy had on its development. Using the Kalman-filter technique we find that the Nairu has varied considerably since the early seventies. The Kalman-filter technique is applied here for the first time using explicit...
Persistent link: https://www.econbiz.de/10010260669
Persistent link: https://www.econbiz.de/10001798055
Persistent link: https://www.econbiz.de/10001844362
This paper analyses the Nairu in the Euro Area and the influence that hysteresis had on its development. Using the Kalman-filter technique we find that the Nairu has varied considerably since the early seventies. The Kalman-filter technique is applied here using explicit exogenous variables. In...
Persistent link: https://www.econbiz.de/10010460431