of the NAIRU, the Non Accelerating Rate of Unemployment, provide confidence bands, and formally test the constancy … hypothesis on the NAIRU. We also study the robustness of this results to the specification of the Phillips Curve. We find more … reliable estimates of the NAIRU than previous estimates of the output gap, and find evidence in favor of a non constant NAIRU …

effect in the equation at three quarters lag is positive. The NAIRU rate in the unemployment inflation trade off model is …

This paper examines the movements in EU unemployment from two perspectives: (a) the NRU/NAIRU perspective, in which …

the determination of the Non-Accelerating Inflation Rate of Unemployment (NAIRU) over the last four decades. The authors … of imports, and aggregate capacity utilization were determinants of the NAIRU during the period. The same evidence also … shows that technical progress and changes in long-term unemployment did not affect the NAIRU. We believe this evidence …

Phillips curve flattening and the implied NAIRU falling towards the second half of the sample. Hence, the results suggest that …

NAIRU. The labour macro literature tries to explain unemployment dynamics and determine the real economic factors that drive …