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Revisiting the effects of long-term unemployment on inflation : the role of non-linearities

Esady, Vania; Speigner, Bradley; Wanengkirtyo, Boromeus - 2023

Persistent link: https://www.econbiz.de/10014330111

Welfare costs of inflation in a dynamic economy with search unemployment and endogenous growth

Heer, Burkhard - 2000

Recent work on money and endogenous growth finds modest welfare costs of inflation. Furthermore, high inflation reduces … rate of inflation depending on the elasticity of labor supply. Considering the transition dynamics following a change in … the monetary policy, the optimal quarterly inflation rate is found to amount to approximately 3.5% in the benchmark case …

Persistent link: https://www.econbiz.de/10009781573

Inflation, unemployment and economic growth in a Schumpeterian economy

Chu, Angus C.; Cozzi, Guido; Furukawa, Yuichi - 2013

Persistent link: https://www.econbiz.de/10010244901

Unemployment and productivity growth : an empirical analysis within the augmented Solow model

Bräuninger, Michael; Pannenberg, Markus - 2000

Does a country's level of unemployment have an impact on the long-run growth rate? Incorporating unemployment into a generalised augmented Solow-type growth model, yields some answers to this question. In particular, we show that the impact of unemployment on productivity growth heavily depends...

Persistent link: https://www.econbiz.de/10011325983

Unemployment and productivity growth : an empirical analysis within the augmented Solow model

Bräuninger, Michael; Pannenberg, Markus - 2016

Does a country's level of unemployment have an impact on the long-run growth rate? Incorporating unemployment into a generalised Solow-type growth model yields some answers. In the traditional Solow model, unemployment has no long-run influence on the growth rate and the level of productivity....

Persistent link: https://www.econbiz.de/10011440805