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At present, the world economy is at a cross road. The Nigerian economy is therefore undergoing it most severe economic crisis since the Biafra war of the sixties. Currently, she is experiencing a staggering rate of inflation (well up to the double digit) as well as experiencing a severe...
Persistent link: https://www.econbiz.de/10005623253
of the 1980s caused a subsequent increase in the NAIRU, and that there is a relationship between the increase in the … NAIRU and the size of the disinflation during that period across advanced OECD economies. There is also mounting evidence …
Persistent link: https://www.econbiz.de/10005626873
Der Fordismus, das Akkumulationsregime der Nachkriegszeit, das auf einem impliziten Kompromiss zwischen Kapital und Arbeit basierte, war durch einen regulierten Finanzsektor und durch niedrige reale Zinsen gekennzeichnet war, kam in den 70er Jahren in die Krise. Mit der Neo-Konservativen...
Persistent link: https://www.econbiz.de/10005222899
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NAIRU. The labour macro literature tries to explain unemployment dynamics and determine the real economic factors that drive …
Persistent link: https://www.econbiz.de/10005566415
For the estimation of the NAIRU´s development, the slope and the shift of the Phillips curve was applied the system of … and to compare results for selected countries in the centre of the Europe. The figure of NAIRU can be investigated as a … dependent variable during the research time period. Main factors causing the greatest changes of NAIRU or its fluctuations are …
Persistent link: https://www.econbiz.de/10011195544
and 2013, in Turkey the development of variations such as salary, growing, investment which affect Nairu is studied. The …
Persistent link: https://www.econbiz.de/10011240243
unemployment (NAIRU) as the dependent variable, and fiscal policy indicators such as underlying net lending of government as a … additional variables. We find that both UNLG/pot.GDP and the increase in fiscal burden may be relevant in increasing the NAIRU in … should test whether exogenous causes of high NAIRU have an impact on budget deficits. Copyright International Atlantic …
Persistent link: https://www.econbiz.de/10011241996
China is on the eve of a demographic shift that will have profound consequences on its economic and social landscape. Within a few years the working age population will reach a historical peak, and then begin a precipitous decline. This fact, along with anecdotes of rapidly rising migrant wages...
Persistent link: https://www.econbiz.de/10011242230