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15 years. Controlling for the most important other factors influencing the inflation rate, we estimate cointegrations and …
Persistent link: https://www.econbiz.de/10014363111
the reaction of post-Keynesian economists to examine alternatives to inflation-targeting monetary strategies and to Taylor …
Persistent link: https://www.econbiz.de/10014363113
between the inflation rate and the unemployment rate is extremely important. This tradeoff has become known as the Phillips … statistical technique that solves the omitted variables problem, to estimate the tradeoff between inflation and unemployment for … international context for the vast majority of the countries studied is affecting the inflation versus unemployment tradeoff. …
Persistent link: https://www.econbiz.de/10012217927
below the ECB's inflation target. Therefore, a readjustment of the infl ation target seems unjustified. Furthermore, as the … ECB can expect inflation to return to its target, it possibly can accelerate tapering its unconventional monetary policy …
Persistent link: https://www.econbiz.de/10012151460
any economy, Nigeria still contends with problems of high inflation and unemployment. This study examines the Phillips … curve hypothesis (inflation and unemployment trade-off) and its stability in Nigeria from 1980 to 2016 using the … between inflation and unemployment. The results of the ARDL bounds testing, FMOLS, DOLS, static OLS and CCR estimations …
Persistent link: https://www.econbiz.de/10014544481
strong support for concave shaped unemployment-gap and output-gap based Phillips curve specifications. Given the specific … form of concavity discovered in the Phillips curves, the low inflation rate experienced over the last couple of decades can …
Persistent link: https://www.econbiz.de/10014544483
', who developed the inflation/unemployment curve. After the emergence of the stagflation phenomenon, this relationship … relationship between inflation and unemployment in the Kingdom of Saudi Arabia for the period 1988-2017. The co-integration and … running from unemployment to inflation. Contrary to expectation, there was no significant evidence of short-run tradeoff …
Persistent link: https://www.econbiz.de/10014544639
of weak demand can lead to rising structural unemployment and a permanently lower capital stock – the hysteresis effects …) policies to cope with hysteretic unemployment is neither necessary nor sufficient. Instead, subtler forms of hysteresis should … be taken into account. They leave some room for monetary policy to maneuver, more complex way. If long-term unemployment …
Persistent link: https://www.econbiz.de/10014524305
increase in real household consumption in the long run. Unemployment also depicted a rare positive relationship, and we … attributed the phenomenon to consumer confidence in the economy. Furthermore, the results showed that inflation negatively …
Persistent link: https://www.econbiz.de/10014527633
Geringfügige subventionierte Beschäftigung wird von ihren Kritikern eher als Sackgasse denn als Sprungbrett in reguläre Beschäftigung angesehen. In einer neueren Studie des DIW Berlin wurden auch die längerfristigen Effekte der Aufnahme einer geringfügigen subventionierten Beschäftigung...
Persistent link: https://www.econbiz.de/10011601797