The aims of this paper are estimate and forecast the Non-Accelerating Inflation Rate of Unemployment, or NAIRU, for … Brazilian unemployment time series data. In doing so, we introduce a methodology for estimating mixed additive seasonal … consistent to the literature and produce reasonable forecasts for NAIRU. …

form of involuntary part-time employment and headline unemployment rate. Both indicators have contributed positively to … cumulative core inflation since 2015 but headline unemployment rate much less so. The contribution of trend productivity growth … post-crisis period-has corresponded with slow pass through from declining unemployment rates to faster wage growth. We …

-accelerating inflation rate of unemployment (NAIRU), is used to measure inflationary pressure from the labour market. This paper examines … revisional property of the NAIRU is also examined, as well as the forecast capacity of the unemployment gap with regard to wages … inflation. Among other things, the unemployment gap, which is the difference between unemployment rate and non …

' PC (relating the level of the inflation rate, not the change in this rate, to the rate of unemployment); and the …

Using a New Keynesian Phillips curve, we document the rapid and persistent increase in the natural rate of unemployment … unemployment gaps. Through the lens of the model, the 2022-23 disinflation was driven by the expectation that the unemployment gap … will close through a progressive decline in 𝑢𝑡 ∗ and a rise in the unemployment rate. This implies that convergence to …

Recent studies have indicated that the terms 'NAIRU' (non-accelerating inflation rate of unemployment) and 'natural … rate of unemployment' are not interchangeable. While NAIRU is an empirical macroeconomic relationship estimated via a … natural rate of unemployment relative to the NAIRU. The natural rate of unemployment in the USA since the Second World War is …

As a bottom-up approach, a Job Guarantee policy can tackle the issue of unemployment on the macroeconomic …