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any economy, Nigeria still contends with problems of high inflation and unemployment. This study examines the Phillips … curve hypothesis (inflation and unemployment trade-off) and its stability in Nigeria from 1980 to 2016 using the … between inflation and unemployment. The results of the ARDL bounds testing, FMOLS, DOLS, static OLS and CCR estimations …
Persistent link: https://www.econbiz.de/10012176204
While unemployment rates in Europe declined after the global financial crisis until 2018/2019, the incidence of long …-term unemployment, the share of people who have been unemployed for >1 year to the total unemployed, remained high. Moreover, the COVID …-19 pandemic could aggravate the long-term unemployment. This paper explores the factors associated with long …
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of data. The results of ARDL/PMG reveal that there is no trade-off between inflation and unemployment rates in the panel … variables in the short run. In addition, the trade-off between inflation and unemployment for each of the panel's countries has …-off between inflation and unemployment rates in MENA countries. …
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money supply, money velocity, and the unemployment rate. Thus, five parameters, i.e. weights assigned to the deviation in … the money velocity, and the deviation in unemployment rate, are introduced and estimated. The article explores and tests … weight to the deviation in unemployment rate, and moderate weights are assigned to the deviation in the inflation rate, the …
Persistent link: https://www.econbiz.de/10014316675
This paper illustrates a case where an increase of the in-terest rates improves the economic activity and reduces incomeinequality. This theoretical exercise deals with a simple model ofdisequilibrium with accountant identities of budget constraints. Inaddition, and following previous models,...
Persistent link: https://www.econbiz.de/10014566386
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