Showing 1 - 10 of 6,774
Persistent link: https://www.econbiz.de/10010966552
devaluation of the US mechanical rate against inflation since the Copyright Act of 1976. As Congress and the CARP Tribunal are … ultimately involved in setting terms, the implication is that songwriters and their publishers are losing power in the USA … against the record labels. For a variety of reasons, the phenomenon seems to be particular to the USA. It has also gone …
Persistent link: https://www.econbiz.de/10009352593
Previously, a linear and lagged relationship between inflation and labor force change rate, π(t)= A1dLF(t-t1)/LF(t-t1 … obtained for the USA is characterized by A1=4.0, A2=-0.03075, and t1=2 years. It provides a root mean square forecasting error … (RMFSE) of 0.8% at a two-year horizon for the period between 1965 and 2002 (the best among other inflation forecasting models …
Persistent link: https://www.econbiz.de/10005836346
This paper offers a reappraisal of the inflation-unemployment tradeoff, based on ?frictional growth,? describing the … expectations, there is a long-run inflation-unemployment tradeoff. Our empirical analysis suggests that this Phillips curve may be … reasonably flat. We show that the persistence of inflation and unemployment, in response to monetary policy shocks, is related to …
Persistent link: https://www.econbiz.de/10008520206
labor force. During the last twenty-five years, unemployment in the USA has been a lagged linear function of inflation. In … years before. One can predict the unemployment rate in the USA in the following two years within the accuracy of inflation …of personal income distribution normalized to the total nominal GDP. Inflation is found to be a mechanism, which …
Persistent link: https://www.econbiz.de/10005413366
The relative impacts of the monetised and non-monetised deficit on output and inflation in the United States are … affected real GNP growth, nominal GNP growth or inflation. For the period 1961-1982, monetisation is found to have fuelled … inflation with no effect on real GNP. Non-monetised deficits provided a negative short-run impact on the rate of inflation over …
Persistent link: https://www.econbiz.de/10010616620
determinant in the go through channel affecting the prices of final goods and services and inflation in the USA. I test several …The paper analyses the impact of the labour costs and import costs on the prices of final goods in the USA during the … goods in last 50 years in the USA. …
Persistent link: https://www.econbiz.de/10010816774
constructed nonparametrically on the basis of partial sums.We apply this approach to the federal funds rate and the CPI inflation … the inflation rate is positively related to the nonlinear trend in the interest rate.This positive relation between … interest and inflation is known in the literature as the price puzzle. Thus, our result suggests that the price puzzle is due …
Persistent link: https://www.econbiz.de/10011091350
"This paper contributes to the literature on the impact of immigrants on native female labour supply. By segmenting the market by educational levels, we are able to investigate which nativeborn women are more affected by an increase of low-skilled immigrants working in the household service...
Persistent link: https://www.econbiz.de/10010963759
unemployment is usually interpreted as the unemployment that is consistent with a constant inflation rate in the long term. This …
Persistent link: https://www.econbiz.de/10005533459