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, 𝑢𝑡 ∗ , in the aftermath of the pandemic and characterize its implications for inflation dynamics. While the bulk of the … inflation surge is attributed to temporary supply factors, we also find an important role for current and expected negative …
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' PC (relating the level of the inflation rate, not the change in this rate, to the rate of unemployment); and the …
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The study mainly focused on the estimation and implementation of the concept of nonaccelerating inflation rate of … that when actual unemployment rate was below the reported value of NAIRU, there was a pressure on inflation rate to rise … recommendations to address the problems of inflation and unemployment in SAARC countries. …
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In this paper, the empirical analysis finds that the dynamics of inflation and unemployment can be described by a …
Persistent link: https://www.econbiz.de/10012157258
This paper investigates the impact of inflation in different states of unemployment: evidence with the Phillips curve … in South Africa. The contribution of this paper is to examine the impact of inflation on different states of unemployment …% increase in inflation results in a 2.61% increase and a 0.06% decrease in unemployment, respectively. There are times when the …
Persistent link: https://www.econbiz.de/10013500632