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The unemployment problem : a Norwegian perspective
Holden, Steinar - 1997
Persistent link: https://www.econbiz.de/10000954580
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The unemployment problem : a Norwegian perspective
Holden, Steinar - 1997
Persistent link: https://www.econbiz.de/10000955613
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The Unemployment Problem : A Norwegian Perspective
Holden, Steinar - 1997
equilibrium unemployment. It is shown that the NAIRU is not a clearcut concept in the open economy framework. Furthermore, it is … argued that the self-correcting mechanisms in the economy are weak, so that the actual rate of unemployment may deviate …
Persistent link: https://www.econbiz.de/10012444569
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The Phillips Curve is Back? Using Panel Data to Analyze the Relationship Between Unemployment and Inflation in an Open Economy
DiNardo, John - 1999
Expanding on an approach suggested by Ashenfelter (1984), we extend the Phillips curve to an open economy and exploit panel data to estimate the textbook 'expectations augmented' Phillips curve with a market-based and observable measure of inflation expectations. We develop this measure using...
Persistent link: https://www.econbiz.de/10012471456
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The Phillips Curve is Back? Using Panel Data to Analyze the Relationship between Unemployment and Inflation in an Open Economy
DiNardo, John E.; Moore, Mark - 2022
Expanding on an approach suggested by Ashenfelter (1984), we extend the Phillips curve to an open economy and exploit panel data to estimate the textbook 'expectations augmented' Phillips curve with a market-based and observable measure of inflation expectations. We develop this measure using...
Persistent link: https://www.econbiz.de/10013292577
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The Trade-off between Inflation and Unemployment in an MMT World : An Open Economy Perspective
Carnevali, Emilio; Deleidi, Matteo - 2020
This paper is focused on Modern Monetary Theory’s (MMT) treatment of inflation from an open economy perspective. It … vision. However, it also makes use of a stock-flow consistent (open economy) model to underline some limits of the theory … facing an inflation-unemployment trade-off …
Persistent link: https://www.econbiz.de/10014093223
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The trade-off between inflation and unemployment in an "MMT world" : an open-economy perspective
Carnevali, Emilio; Deleidi, Matteo - In: European journal of economics and economic policies : … 20 (2023) 1, pp. 90-124
This paper is focused on modern monetary theory's (MMT) treatment of inflation from an open-economy perspective. It … vision. However, it also makes use of a stock-flow consistent open-economy model to underline some limits of the theory when … facing an inflation-unemployment trade-off. …
Persistent link: https://www.econbiz.de/10014433719
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Inflation und Arbeitslosigkeit in der Bundesrepublik Deutschland : eine Analyse anhand von Modellen mit unvollkommenem Wettbewerb
Beissinger, Thomas - 1996
Persistent link: https://www.econbiz.de/10013358262
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The trade-off between inflation and unemployment in an MMT world: an open economy perspective
Carnevali, Emilio; Deleidi, Matteo - 2020
This paper is focused on Modern Monetary Theory's (MMT) treatment of inflation from an open economy perspective. It … vision. However, it also makes use of a stock-flow consistent (open economy) model to underline some limits of the theory … facing an inflation-unemployment trade-off. …
Persistent link: https://www.econbiz.de/10012291955
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Convex Phillips curve explaining openness and inflation nexus
Syed, S. Ali Shah; Syed Zwick, Helène - In: Theoretical economics letters 5 (2015) 6, pp. 739-748
Persistent link: https://www.econbiz.de/10011439599