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estimates. The research period has been characterised by high labour demand, negative supply shocks, high levels of inflation …
Persistent link: https://www.econbiz.de/10014541860
, imports, inflation, and unemployment) on CO2 emissions in the EU region. Systematization, empirical comparative analysis, and … dependence of carbon dioxide emissions on macroeconomic indicators such as gross domestic product, exports, imports, inflation …, and unemployment. To know whether to reduce or maintain allowable CO2 emissions, governments can use multivariate …
Persistent link: https://www.econbiz.de/10013407143
estimates. The research period has been characterised by high labour demand, negative supply shocks, high levels of inflation …
Persistent link: https://www.econbiz.de/10014545239
This paper deals with a critical assessment and a reestimation of the "non-accelerating in ation rate of unemployment …
Persistent link: https://www.econbiz.de/10011448601
inflation is relatively high, as was the case in the 1970s. In general, the sign of the effect of growth on unemployment is …The standard search model of unemployment predicts, under realistic assumptions about household preferences, that … disembodied technological progress leads to higher steady-state unemployment. This prediction is at odds with the 1970s experience …
Persistent link: https://www.econbiz.de/10011627451
productivity growth and high unemplyoment. Subsequent research has shown that the standard model of unemployment actually gives … counterfactual predictions. Motivated by the observation that the 1970s were also characterized by high and rising inflation …, Tesfaselassie and Wolters examine the effect of growth on unemployment in the presence of nominal price rigidity. The authors …
Persistent link: https://www.econbiz.de/10011635432
rate of inflation is relatively high, as was the case in the 1970s. In general, the effect of growth on unemployment is …The standard search model of unemployment predicts, under plausible assumptions about household preferences, that … disembodied technological progress leads to higher unemployment. This prediction is at odds with the experience of industrialized …
Persistent link: https://www.econbiz.de/10010440551
This paper deals with a critical assessment and a reestimation of the "non-accelerating in ation rate of unemployment …
Persistent link: https://www.econbiz.de/10010297287
estimates the unemployment rate that is compatible with a tolerable inflation rate of say 2 percent following roughly the … compatible with 2 percent inflation in Germany is currently around 7 percent if the definition of unemployment follows the … Phillips curve, the sum of coefficients associated with expected inflation is far beyond unity, whatever measure of expected …
Persistent link: https://www.econbiz.de/10010297970
variables. These results cast some doubts about the ability of the Phillips curve to describe the dynamics of inflation in the …
Persistent link: https://www.econbiz.de/10011372339