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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 … which of the NAIRU estimation methods described in the literature can be applied to Hungary. In evaluating the results, the …
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reactiveness of inflation to the unemployment rate. In regard to a monetary union, the national unemployment multiplier in the …
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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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