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 … revisional property of the NAIRU is also examined, as well as the forecast capacity of the unemployment gap with regard to wages …

period than any previously used. We find that the difference between unemployment and the NAIRU is a significant determinant …

By international standards, unemployment in Sweden remained remarkably low throughout the 1970s and the 1980s. In the … early 1990s, however, the unemployment rate skyrocketed and hit double-digit levels. Unemployment remained high for several … the rise and fall of unemployment. It is argued that the steep rise in unemployment was mainly the result of a series of …