" (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 …

This paper provides new estimates of a time?varying NAIRU for Germany taking account of the structural break caused by … inflation rates is employed. Therefore, either the NAIRU concept is not applicable to Germany or, as it is our suggestion, one … inflation target put forward by the European Central Bank. The estimates presented in this paper suggest that the NAIRU …

unemployment (NAIRU) in prominent SAARC countries (Pakistan, Bangladesh, India, Sri Lanka and Nepal) by using a panel dataset … analysis. On the whole, the estimated values of NAIRU were reported 6.80 percent (with supply shocks) and 6.71 percent (without … supply shocks) in these countries. The study also reported the values of NAIRU for Pakistan (6.73 percent), Bangladesh (7 …

wage scope (price curve), which jointly determine the NAIRU. The heuristics of the model states that unless the rate of … unemployment approaches the NAIRU from any given initial value, inflation will be increasing or decreasing over time. We formalize …'s equations are re-interpretated as attractor relationships. We show that NAIRU unemployment dynamics are sufficient but not …

Zusammenfassung Der Beitrag enthält eine Neuschätzung der inflationsstabilen Arbeitslosenquote (NAIRU) für … Westdeutschland 1980 bis 1998. Nach einer Darstellung des konzeptionellen Rahmens der NAIRU einschließlich verschiedener Varianten … methodischer Probleme. Erstmalig werden für Westdeutschland dann eine zeitvariable NAIRU mit Hilfe des Kaiman-Verfahrens sowie …

Summary This paper provides new estimates of a time-varying NAIRU for Germany taking account of the structural break … measure of expected inflation rates is employed. Therefore, either the NAIRU concept is not applicable to Germany or, as it is … that the NAIRU compatible with 2 percent inflation in Germany is currently around 7 percent if the definition of …

This paper examines the movements in EU unemployment from two perspectives: (a) the NRU/NAIRU perspective, in which …

we critically discuss explanations based on the time-varying NAIRU and put against them explanations based on aggregate …