Showing 61 - 70 of 708,104
Persistent link: https://www.econbiz.de/10012015943
Persistent link: https://www.econbiz.de/10011806802
This paper estimates the NAIRU (standing for the Non-Accelerating Inflation Rate of Unemployment) as a parameter that varies over time. The NAIRU is the unemployment rate that is consistent with a constant rate of inflation. Its value is determined in an econometric model in which the inflation...
Persistent link: https://www.econbiz.de/10012473103
Persistent link: https://www.econbiz.de/10011958341
Persistent link: https://www.econbiz.de/10011958343
Persistent link: https://www.econbiz.de/10011958355
Persistent link: https://www.econbiz.de/10012663683
Persistent link: https://www.econbiz.de/10015057760
There is much confusion in the economics literature on wage determination and the employment-inflation trade-off. Few model builders pay as much careful attention to the definition and meaning of long-run concepts as did Albert Ando. Expanding on years of painstaking work by Ando, the...
Persistent link: https://www.econbiz.de/10011851839
Persistent link: https://www.econbiz.de/10009530457