Showing 1 - 10 of 71,520
This paper reviews various approaches to the measurement of core inflation that have been proposed in recent years. The objective is to determine whether the European Central Bank (ECB) should pay special attention to one or other of these measures in assessing inflation developments in the euro...
Persistent link: https://www.econbiz.de/10005490301
An examination of the impact of inflation and unemployment on poverty, using a poverty rate based on goods and services …
Persistent link: https://www.econbiz.de/10005360721
An argument that attempting to alleviate the burden of unemployment on the less affluent through expansionary monetary …
Persistent link: https://www.econbiz.de/10005360793
Persistent link: https://www.econbiz.de/10005361220
The subject of our next article, "The Taylor Curve and the Unemployment-Inflation Tradeoff," by Satyajit Chatterjee, is … the unemployment rate and the inflation rate, the so-called Phillips curve. Macroeconomists no longer view the Phillips …
Persistent link: https://www.econbiz.de/10005361413
despite declines in unemployment rates. For the United States, these seemingly contradictory developments have been reconciled … natural unemployment rate (NAIRU), and (3) improved credibility of monetary policy. Here we ask whether comparable factors … between inflation, the unemployment rate, and structural factors using an extended Phillips curve model with quarterly data …
Persistent link: https://www.econbiz.de/10005368513
This article characterizes the change in the nature of the money growth-inflation and unemployment …
Persistent link: https://www.econbiz.de/10005373265
By most estimates, the U.S. unemployment rate is currently below its "natural rate." The implication is the economy is …
Persistent link: https://www.econbiz.de/10005373385
The natural rate of unemployment has become an important topic recently as the Federal Reserve has raised short …-term interest rates in an attempt to keep the economy from overheating. The natural rate represents the lowest possible unemployment … are reported in the author's "New Estimates of the Natural Rate of Unemployment," which appeared in the Fourth Quarter …
Persistent link: https://www.econbiz.de/10005379563
Persistent link: https://www.econbiz.de/10005077947