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Is the NAIRU more useful in forecasting inflation than the natural rate of unemployment?
Claar, Victor V. - In: Applied economics 38 (2006) 18, pp. 2179-2189
Persistent link: https://www.econbiz.de/10003385856
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A Kalman-Filter approach to estimating the natural rate of unemployment
Claar, Victor V. - In: Zbornik radova Ekonomskog Fakulteta u Rijeci : časopis … 23 (2005) 1, pp. 1-24
Persistent link: https://www.econbiz.de/10003097625
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A Kalman-Filter Approach to Estimating the Natural Rate of Unemployment
Claar, Victor V. - 2009
The terms "NAIRU" and "natural rate of unemployment" are not interchangeable. Further, while there is a consensus that the NAIRU represents an empirical macroeconomic relationship, little agreement exists regarding what is meant by the "natural rate of unemployment." This paper estimates the...
Persistent link: https://www.econbiz.de/10014209548