Summary This paper is devoted to a new estimation of the non-accelerating inflation rate of unemployment (NAIRU) for …

Abstract During the 1990s economic expansion, the United States enjoyed both low inflation and low unemployment. Juhn …, Murphy, and Topel (2002) point out that low unemployment for men in the 1990s was accompanied by historically high non …-employment suggesting that the 1990s economy was not as strong as unemployment might indicate. We include women in the analysis and examine …

our suggestion, one estimates the unemployment rate that is compatible with a tolerable inflation rate of say 2 percent … a standard Phillips curve, the sum of coefficients associated with expected inflation is far below unity, whatever … measure of expected inflation rates is employed. Therefore, either the NAIRU concept is not applicable to Germany or, as it is …

, economic growth has been largely consistent under different leaderships, and inflation and unemployment tend to be low during …

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 …

methods, the offsetting effects of a monetary policy change on the output‐inflation and unemployment‐inflation trade …Purpose – This article aims to analyze if the adoption of inflation targeting in Brazil contributed to an improvement … in the conduction of monetary policy capable of increasing credibility and reducing inflation without an increase in the …

inflation, real wages and the real exchange rate for any given rate of unemployment. Inflation, rather than unemployment, is the … “conflict solver” in the unrestricted model. However, a supply side determined equilibrium rate of unemployment is subsumed as a …

rate of unemployment approaches the NAIRU from any given initial value, inflation will be increasing or decreasing over … accelerationist view that inflation increases/falls if unemployment is not at its “natural rate”. Research limitations …Purpose – A standard model of equilibrium unemployment consists of static equations for real-wage ambitions (wage curve …

makes sense if there is a trade-off between inflation and unemployment and when there is a causal relationship indicating … that with more inflation, unemployment is reduced (as suggested by the Phillips curve). Hence, TIP is observed by testing … the existence of cointegration between inflation rate and unemployment rate series and analyzing the sign of the estimated …