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This paper derives alternative measures of the short-run NAIRU (SRN) for the UK, the rate for unemployment at which … a beneficial impact on RPIX inflation over the last few years. We show that deviations of unemployment from the short …
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ofunemployment in the Netherlands. One was based on statistical data of unemployment insurance funds of tradeunions and the other one …
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In this paper we introduce and test the hypothesis that the relation between inflation and unemployment has been in … unemployment were the result of the struggle between the wage and price setters trying to influence the distribution of income to … a rising rate of unemployment. Our hypothesis was inspired by the observation that the statistical Phillips curves are …
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