Arbeit die Rolle einer Non-Accelerating-Inflation-Rate-of-Unemployment (NAIRU) analysiert. Die kurzfristige Stabilität der … Inflation Rate of Unemployment (NAIRU). The short run stability of a NAIRU is examined taking into account real debt effects of … NAIRU wird untersucht, indem die Effekte von steigenden oder fallenden Inflationsraten auf die Realschuld des …

the determination of the Non-Accelerating Inflation Rate of Unemployment (NAIRU) over the last four decades. The authors … shows that technical progress and changes in long-term unemployment did not affect the NAIRU. We believe this evidence …This paper examines the proposition that capital stock relative to aggregate output has been an important variable in …

This paper argues that the production constraints in the basic NAIRU model should be distinguished by type: capital … for UK manufacturing over 80 quarters we show that capital constraints became relatively more important during the 1980s … as industry failed to match the increase in labour flexibility with rising capital investment. …

This paper argues that the production constraints in the basic NAIRU model should be distinguished by type: capital … for UK manufacturing over 80 quarters we show that capital constraints became relatively more important during the 1980s … as industry failed to match the increase in labour flexibility with rising capital investment. …

' PC (relating the level of the inflation rate, not the change in this rate, to the rate of unemployment); and the …

insufficient capital accumulation responsible for unemployment (Arestis et al 2007). Empirical work in this tradition has paid … capital accumulation as a macroeconomic shock. In the empirical analysis, medium-term unemployment is explained by capital …According to the mainstream view, labour market institutions (LMI) are the key determinants of unemployment in the …

This paper restates the post-Keynesian view of unemployment within a NAIRU framework. In the short run, the private …, the NAIRU will be endogenous because of the social norm character of wage setting and the supply-side effects of capital … accumulation. Capital investment rather than labour market institutions is the crucial variable that explains changes in …

insufficient capital accumulation responsible for unemployment (Arestis et al 2007). Empirical work in this tradition has paid … capital accumulation as a macroeconomic shock. In the empirical analysis, medium-term unemployment is explained by capital …According to the mainstream view, labour market institutions (LMI) are the key determinants of unemployment in the …

The paper restates the post-Keynesian view of unemployment within a NAIRU framework. In the short run the private … the NAIRU will be endogenous because of the social norm character of wage setting and the supply-side effects of capital … accumulation. Capital investment rather than labour market institutions is the crucial variable that explains changes in …

This paper restates the post-Keynesian view of unemployment within a NAIRU framework. In the short run, the private …, the NAIRU will be endogenous because of the social norm character of wage setting and the supply-side effects of capital … accumulation. Capital investment rather than labour market institutions is the crucial variable that explains changes in …