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