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In this paper, the empirical analysis finds that the dynamics of inflation and unemployment can be described by a …
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This paper investigates the impact of inflation in different states of unemployment: evidence with the Phillips curve … in South Africa. The contribution of this paper is to examine the impact of inflation on different states of unemployment …% increase in inflation results in a 2.61% increase and a 0.06% decrease in unemployment, respectively. There are times when the …
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inflation. Among other things, the unemployment gap, which is the difference between unemployment rate and non …-accelerating inflation rate of unemployment (NAIRU), is used to measure inflationary pressure from the labour market. This paper examines … which of the NAIRU estimation methods described in the literature can be applied to Hungary. In evaluating the results, the …
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