Narrow search
Showing 1,821 - 1,830 of 1,913
Cover Image
The dynamics of the labour market and income distribution in relation to the speed of demand saturation
Kurose, Kazuhiro - In: Structural Change and Economic Dynamics 24 (2013) C, pp. 101-111
the non-accelerating inflation rate of unemployment (NAIRU). …
Persistent link: https://www.econbiz.de/10010617070
Cover Image
Unemployment and Full Employment. A Retrospective View
Zenezini, Maurizio - In: Rivista Internazionale di Scienze Sociali (2010) 2, pp. 225-262
NAIRU approach, claims to provide an explanation of equilibrium unemployment based on labour market supply factors. After … showing the weak operational content of the modern NAIRU approach, this paper emphasises the theoretical distance between …
Persistent link: https://www.econbiz.de/10010571199
Cover Image
A further investigation of unemployment persistence in European transition economies
Cuestas, Juan C.; Gil-Alana, Luis A.; Staehr, Karsten - In: Journal of Comparative Economics 39 (2011) 4, pp. 514-532
This paper analyses the dynamics of the unemployment rate in the eight countries from Central and Eastern Europe which joined the EU in 2004. Unit root tests allowing for nonlinearities and structural changes suggest that the unemployment rate is not stationary in most of the sample countries....
Persistent link: https://www.econbiz.de/10010574230
Cover Image
Measuring the NAIRU — A structural VAR approach
Zhao, Hongmei; Hogan, Vincent - In: Frontiers of Economics in China 6 (2011) 1, pp. 76-91
Persistent link: https://www.econbiz.de/10008925389
Cover Image
The NAIRU and the Extent of the Low-Pay Sector
Garz, Marcel - Institut für Makroökonomie und Konjunkturforschung … - 2010
unemployment (NAIRU) is used. In a first step, the unobservable, exogenous NAIRU is estimated for Germany in a state space setting … the low-pay sector. Finally, by treating the NAIRU as the dependent variable, the impact of the low-wage share is … relationship between the NAIRU and the share of the low-wage sector. This hypothesis is rejected empirically. Indeed, for the time …
Persistent link: https://www.econbiz.de/10008615450
Cover Image
The dynamics of the NAIRU model with two switching regimes
Tramontana, Fabio; Gardini, Laura; Ferri, Piero - Facoltà di Economia, Università degli Studi di Urbino - 2010
We consider a model of inflation and unemployment proposed in Ferri et al. (JEBO, 2001), in which the dynamics are described by a discontinuous piecewise linear map, made up of two branches. We shall show that the bounded dynamics may be classified in two cases: we may have either regular...
Persistent link: https://www.econbiz.de/10008577220
Cover Image
The NAIRU Concept - Measurement uncertainties, hysteresis and economic policy role
McAdam, P.; Morrow, K. Mc - Directorate-General Economic and Financial Affairs, … - 1999
The present paper looks at the notion of a NAIRU and asks whether it continues to stand up to rigorous analysis in … in relation to an examination of the NAIRU, namely: firstly can it be reliably calculated ? and secondly, does the … is stressed that precise measurements of the NAIRU are extremely difficult to produce because any measurement process is …
Persistent link: https://www.econbiz.de/10008577472
Cover Image
Disentangling trend and cycle in the EUR-11 unemployment series
Orlandi, Fabrice; Pichelmann, Karl - Directorate-General Economic and Financial Affairs, … - 2000
closer to the NAIRU concept than univariate filtering techniques. …
Persistent link: https://www.econbiz.de/10008577524
Cover Image
The Taylor Principle and (In-) Determinacy in a New Keynesian Model with hiring Frictions and Skill Loss
Rannenberg, Ansgar - Centre for Dynamic Macroeconomic Analysis, University … - 2009
We introduce duration dependent skill decay among the unemployed into a New-Keynesian model with hiring frictions developed by Blanchard/Gali (2008). If the central bank responds only to (current, lagged or expected future) inflation and quar¬terly skill decay is above a threshold level,...
Persistent link: https://www.econbiz.de/10008577973
Cover Image
Estimating Potential Output with a Multivariate Filter
International Monetary Fund (IMF); International … - 2010
This paper develops a simple model for measuring potential output that uses data on inflation, unemployment, and capacity utilization. We apply the model to 10 countries, in addition to the United States and the euro area. While there is a substantial amount of uncertainty around our estimates,...
Persistent link: https://www.econbiz.de/10008777014