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wage and Phillips curves both in the regions and at the national level. The analysis was done by means of linear regression … decrease leaded to the increase of the wage growth rate. In particular regions with a few exceptions this relationship was not …
Persistent link: https://www.econbiz.de/10011315861
This paper offers a reappraisal of the inflation-unemployment tradeoff, based on "frictional growth", describing the … able to work themselves out fully. In this context, monetary shocks have a gradual and delayed effect on inflation, and … permanent nominal rigidities, and no departure from rational expectations, there is a long-run inflation-unemployment tradeoff …
Persistent link: https://www.econbiz.de/10009441372
This dissertation studies the question of nonlinearities in the Phillips curve relationshipin France, Germany and Italy. The implications from the theoretical models are that themechanisms that make the Phillips curve nonlinear can work through different channels.Therefore, this thesis not just...
Persistent link: https://www.econbiz.de/10009471618
Artículo de revista ; This article analyses the link between the changes in and the drivers of inflation in a broad … range of advanced economies, with special emphasis on those of the euro area. Inflation rates are seen to be highly … common monetary policy. Also, the comovement of inflation is found to be a phenomenon that tends to be more visible in the …
Persistent link: https://www.econbiz.de/10012524475
resolver este problema ; In this paper we look at global inflation trends over the last decade and try to disentangle factors … that could explain the ultra-low levels of inflation during the recovery from the Great Recession. We review the literature … inflation’s reduced cyclical sensitivity to domestic economic slack, a bigger role being played by forward-looking inflation …
Persistent link: https://www.econbiz.de/10012529567
average forecast accuracy of models that incorporate information on inflation expectations from the ECB’s SPF and Consensus … Economics compared to their counterparts that do not. The gains in forecast accuracy from incorporating inflation expectations … countries). The analysis is undertaken for headline inflation and inflation excluding energy and food and both point and density …
Persistent link: https://www.econbiz.de/10012670001
, paying attention to operational issues and discrepancies among regions and products that occurred when implementing those …, highlighting unequal distribution of these programs among productsand regions. COVPA is concentrated in corn crops, PEP favored …
Persistent link: https://www.econbiz.de/10009445880
This master’s paper analysis the unemployment rate and its differentiation in regions. The comparison is made with …. Regions, using cluster analysis, were grouped according to four main economic indicators in three years. It was compared how … unemployment rate in Lithuania and its regions are foreseen. …
Persistent link: https://www.econbiz.de/10009478327
difference between employed and unemployed people, not just due to the distribution by regions, but due to the economical … differences among Lithuania regions, the main reason of which is unequal theritorical development. The hypotesis raised during the … between the better and worse regions. …
Persistent link: https://www.econbiz.de/10009478610
advantage of a gravity specification of bilateral trade between the seventeen Spanish regions and EU-13 countries over the … concentration of currency union effects in a few regions, namely those relatively more open to trade, though such effects are found …
Persistent link: https://www.econbiz.de/10009483194