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Revisiting the effects of long-term unemployment on inflation : the role of non-linearities
Esady, Vania; Speigner, Bradley; Wanengkirtyo, Boromeus - 2023
Persistent link: https://www.econbiz.de/10014330111
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Welfare costs of inflation in a dynamic economy with search unemployment and endogenous growth
Heer, Burkhard - 2000
Recent work on money and endogenous growth finds modest welfare costs of inflation. Furthermore, high inflation reduces … rate of inflation depending on the elasticity of labor supply. Considering the transition dynamics following a change in … the monetary policy, the optimal quarterly inflation rate is found to amount to approximately 3.5% in the benchmark case …
Persistent link: https://www.econbiz.de/10009781573
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Inflation, unemployment and economic growth in a Schumpeterian economy
Chu, Angus C.; Cozzi, Guido; Furukawa, Yuichi - 2013
Persistent link: https://www.econbiz.de/10010244901
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Unemployment and productivity growth : an empirical analysis within the augmented Solow model
Bräuninger, Michael; Pannenberg, Markus - 2000
Does a country's level of unemployment have an impact on the long-run growth rate? Incorporating unemployment into a generalised augmented Solow-type growth model, yields some answers to this question. In particular, we show that the impact of unemployment on productivity growth heavily depends...
Persistent link: https://www.econbiz.de/10011325983
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Unemployment and productivity growth : an empirical analysis within the augmented Solow model
Bräuninger, Michael; Pannenberg, Markus - 2016
Does a country's level of unemployment have an impact on the long-run growth rate? Incorporating unemployment into a generalised Solow-type growth model yields some answers. In the traditional Solow model, unemployment has no long-run influence on the growth rate and the level of productivity....
Persistent link: https://www.econbiz.de/10011440805
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Welfare costs of inflation in a dynamic economy with search unemployment
Heer, Burkhard - In: Journal of economic dynamics & control 28 (2003) 2, pp. 255-272
Persistent link: https://www.econbiz.de/10001799550
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Welfare costs of inflation in a dynamic economy with search unemployment and endogenous growth
Heer, Burkhard - 2000
Recent work on money and endogenous growth finds modest welfare costs of inflation. Furthermore, high inflation reduces … rate of inflation depending on the elasticity of labor supply. Considering the transition dynamics following a change in … the monetary policy, the optimal quarterly inflation rate is found to amount to approximately 3,5% in the benchmark case …
Persistent link: https://www.econbiz.de/10001489853
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Welfare Costs of Inflation in a Dynamic Economy with Search Unemployment and Endogenous Growth
Heer, Burkhard - 2021
Recent work on money and endogenous growth finds modest welfare costs of inflation. Furthermore, high inflation reduces … rate of inflation depending on the elasticity of labor supply. Considering the transition dynamics following a change in … the monetary policy, the optimal quarterly inflation rate is found to amount to approximately 3.5% in the benchmark case …
Persistent link: https://www.econbiz.de/10013321096
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Do professional forecasters behave as if they believed in the new Keynesian Phillips Curve for the euro area?
López Pérez, Víctor - 2015
results suggest that euro-area inflation forecasts have reacted less to unemployment forecasts after the start of the … financial crisis but another cost measure (energy inflation) remains significant. This finding is consistent with a flatter … better anchoring of inflation expectations and increases in structural unemployment do not seem to find support in the survey …
Persistent link: https://www.econbiz.de/10011605808
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The main determinants of inflation of the EU and the US economy : a panel time-series analysis
Kalimeris, Dimitris - In: International journal of trade and global markets 4 (2011) 3, pp. 279-289
Persistent link: https://www.econbiz.de/10009372989