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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 …
Persistent link: https://www.econbiz.de/10015063564
Arbeitslosigkeit liefern und dass die auf dieser Analyse aufbauenden wirtschaftspolitischen Empfehlungen und Maßnahmen daher …
Persistent link: https://www.econbiz.de/10003744530
This paper deals with a critical assessment and a reestimation of the "non-accelerating in ation rate of unemployment …
Persistent link: https://www.econbiz.de/10011448601
find a high degree of downward nominal wage rigidity, which for rates of inflation lower than three percent is shown to … lead to higher equilibrium unemployment via the generated real wage wedge. …
Persistent link: https://www.econbiz.de/10011403751
find a high degree of downward nominal wage rigidity, which for rates of inflation lower than three percent is shown to … lead to higher equilibrium unemployment via the generated real wage wedge. …
Persistent link: https://www.econbiz.de/10010262566
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 …
Persistent link: https://www.econbiz.de/10003883795
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unionization of parliamentary members has a negative impact on economic growth and at the same time increases inflation while … detrended unemployment remains unaffected. The effects are stable even after controlling for partisan politics. Thus, at least … in Germany trade unions do not seem to be as weak as they tend to claim. -- trade unions ; unemployment ; growth …
Persistent link: https://www.econbiz.de/10003873491