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case of Germany. A Job Guarantee's impact on inflation depends on excess production capacities of economic sectors as well … even contribute to reaching the inflation target and prevent deflation. However, deficiencies of the European institutional …
Persistent link: https://www.econbiz.de/10012307675
cannot go without creating inflation, this paper asks whether the current employment policies will be able to deal with the … inflation. He finds that a shorter workweek and wage subsidies both have failed to meet one or both of these challenges, but …
Persistent link: https://www.econbiz.de/10014203609
Since WWII it has been the stated policy of the U.S. government to simultaneously pursue high employment and stable prices. Paradoxically, neither accepted economic theory nor practical experience appears to indicate that high or full employment is even possible with stable prices. In this paper...
Persistent link: https://www.econbiz.de/10014064055
, under the current mandate the U.S. has experienced low inflation and low unemployment, while many inflation … moderate inflation are probably not large. Third, central bankers need prodding to pursue goals other than inflation. Fourth …
Persistent link: https://www.econbiz.de/10005641686
The purpose of this paper is to provide an analysis of the impact the UV-curve had on economic theory and to provide an account of the subsequent radical changes in its place and role over the decades since its first appearance in 1958. The paper traces the historical development of the UV-curve...
Persistent link: https://www.econbiz.de/10010325288
The purpose of this paper is to provide an analysis of the impact the UV-curve had on economic theory and to provide an account of the subsequent radical changes in its place and role over the decades since its first appearance in 1958. The paper traces the historical development of the UV-curve...
Persistent link: https://www.econbiz.de/10011373832
The purpose of this paper is to provide an analysis of the impact the UV-curve had on economic theory and to provide an account of the subsequent radical changes in its place and role over the decades since its first appearance in 1958. The paper traces the historical development of the UV-curve...
Persistent link: https://www.econbiz.de/10005137010
The purpose of this paper is to provide an analysis of the impact the UV-curve had on economic theory and to provide an account of the subsequent radical changes in its place and role over the decades since its first appearance in 1958. The paper traces the historical development of the UV-curve...
Persistent link: https://www.econbiz.de/10011257297
affects the inflation process. Specifically, it investigates how the Phillips curve for consumer price inflation in a country … financial market completeness.Full publication: "http://ssrn.com/abstract=2248714" Globalisation and Inflation Dynamics in Asia …
Persistent link: https://www.econbiz.de/10013083467
globalization on inflation in both developed and developing countries, and going further for different regional clusters. The … outlier. Nonetheless, despite the mixed impact of globalization on inflation, it does not allow for inflation …This study brings new evidence on the relationship between openness and inflation. We estimate the impact of …
Persistent link: https://www.econbiz.de/10010827730