. Our results show that the Natural Rate/NAIRU has increased by approximately 1.5 percentage points since the 1970s, driven …

" (NAIRU) for Germany. There are quite a few obstacles to perceiving the NAIRU as an understandable and easy-to-use analytical …, cointegration issues, and a time variability of the NAIRU and its confidence intervals. Despite many serious caveats a new attempt … is made to estimate a NAIRU for Germany based on conventional Phillips curves as well as on new approaches such as using …

" (NAIRU) for Germany. There are quite a few obstacles to perceiving the NAIRU as an understandable and easy-to-use analytical …, cointegration issues, and a time variability of the NAIRU and its confidence intervals. Despite many serious caveats a new attempt … is made to estimate a NAIRU for Germany based on conventional Phillips curves as well as on new approaches such as using …

Estimates of the Nairu generally suffer from a large uncertainty, which can be reduced by adopting a bivariate …, it appears that the Nairu can substantially differ from the unemployment trend. Second, relaxing the common trend …

The paper estimates the NAIRU from a Phillips curve relationship in the state-space framework. To identify the … economic relation on the basis of which the NAIRU is derived. -- Non-accelerating inflation rate of unemployment ; state …

The paper estimates the NAIRU from a Phillips curve relationship in the state-space framework. To identify the … economic relation on the basis of which the NAIRU is derived …

Estimating natural rate of unemployment (NAIRU) is important for understanding the joint dynamics of unemployment … with NAIRU in a model consistent way. We estimate a structural model with forward and backward looking Phillips curve …, we find that the estimated NAIRU tracks unemployment rate closely, except for the high inflation period (late 1970s …