Showing 1 - 10 of 152,776
inflation. Among other things, the unemployment gap, which is the difference between unemployment rate and non …-accelerating inflation rate of unemployment (NAIRU), is used to measure inflationary pressure from the labour market. This paper examines … which of the NAIRU estimation methods described in the literature can be applied to Hungary. In evaluating the results, the …
Persistent link: https://www.econbiz.de/10011399270
Persistent link: https://www.econbiz.de/10010512306
Persistent link: https://www.econbiz.de/10011378316
Dieser Aufsatz untersucht die Hypothese, dass der Grad an Arbeitsmarkthysterese in Folge einer Rezession von der Reaktion der Geldpolitik abhängt. Der Hysteresegrad wird in der empirischen Untersuchung durch die geldpolitische Reaktion und Standardvariablen für Arbeitsmarktinstitutionen in...
Persistent link: https://www.econbiz.de/10003772351
Persistent link: https://www.econbiz.de/10003408605
Persistent link: https://www.econbiz.de/10011418856
Persistent link: https://www.econbiz.de/10011376996
We analyse the determinants of unemployment persistence in four OECDcountries byestimating a structural Bayesian VAR … with an informative priorbased on an insiders/outsiders model. We explicitly insert unemployment ben-efits and labour taxes … shocks play adominant role in explaining unemployment also in the medium-run. Moreoverreal wages have low sensitivity to …
Persistent link: https://www.econbiz.de/10011327831
Persistent link: https://www.econbiz.de/10009732519