The aim of the article is to clarify the controversies surrounding the relationship between inflation and unemployment … also an increase in inflation. The article, therefore, hypothesises that the relationships between unemployment and … economy, particularly the service sector. A decrease in aggregate supply should cause not only an increase in unemployment but …

This paper deals with a critical assessment and a reestimation of the "non-accelerating in ation rate of unemployment …

This paper deals with a critical assessment and a reestimation of the "non-accelerating in ation rate of unemployment …

estimates the unemployment rate that is compatible with a tolerable inflation rate of say 2 percent following roughly the … compatible with 2 percent inflation in Germany is currently around 7 percent if the definition of unemployment follows the … Phillips curve, the sum of coefficients associated with expected inflation is far beyond unity, whatever measure of expected …

Using the statistical technique of fuzzy clustering, regimes of inflation and unemployment are explored for the United … inflation/unemployment space. There is considerable similarity across the countries in both the regimes themselves and in the … timings of the transitions between regimes. However, the typical rates of inflation and unemployment experienced in the …

above which policies of demand stimulus are non-inflationary. However, this non-accelerating inflation rate of unemployment …A common method of evaluating the scope for demand expansion is to try to estimate a threshold rate of unemployment … popular argument that the NAIRU itself depends on the time-path of previous actual unemployment. This effect has been …