inflation and unemployment. We focus on the G7 economies plus Spain, and use monthly data –high-frequency data in a macro …. We find that total connectedness is larger for prices (58.28%) than for unemployment (41.81%). We also identify …

The structural rate of unemployment and associated non-accelerating inflation rate of unemployment (the NAIRU) are of … applied ...<BR><P>Les concepts de taux de chômage structurel et NAIRU (<I>non accelerating inflation rate of unemployment …

, and its deviation from the actual unemployment rate affects inflation, among other factors. The inclusion of inflation … unemployment gap coefficient. The results show that so far only the Czech Republic and Hungary exhibit a significant inflation-unemployment …

In this paper we study 2-state Markov switching VAR models of monthly unemployment and inflation for three countries … with high or low unemployment volatility. We find that MS-VAR models seem to provide a better description of the data than … variance in unemployment. In the U.S. case we find that the variance of unemployment is lower in the low inflation regime than …

A linear and lagged relationship between inflation, unemployment and labor force change rate, ?(t)=A0UE(t-t0)+A1dLF … and 2004. The relationship is tested for cointegration. All three variables involved in the relationship are proved to be … integrated of order one. Two methods of cointegration testing are used. First is the Engle-Granger approach based on the unit …

and lagged relationships between the rates of inflation, unemployment, and change in labour force. For France, several … unemployment within the Phillips curve framework. Following the original problem formulation by Fisher and Phillips, the set of … the naive one by a factor of 2 to 3. The relationships for inflation were successfully tested for cointegration. We have …

This paper examines the determinants of the wage level and the relation between the wage level and unemployment in … Sweden between 1982 and 2002, using a cointegrated VAR approach. The long-run relation between wages and unemployment is … rigidities are present in the Swedish labour market and that these rigidities may cause higher unemployment. Furthermore, trade …

. -- Unemployment ; Input Prices ; Long Memory ; Fractional Integration ; Fractional Cointegration …This paper examines the relationship between unemployment, real oil price and real interest rates in Canada. Instead of … following the classical approach based on I(0) stationarity or I(1) cointegrating relationships, we use fractional integration/cointegration …

This article is concerned with the dynamic behaviour of UK unemployment. However, instead of using traditional … suggest that the UK unemployment may be explained in terms of lagged values of the real oil prices and the real interest rate …, with the order of integration of unemployment ranging between 0.50 and 1. Thus, unemployment shows the characteristics of …

In this paper we analyze the sources of German unemployment within a structural vector error correction model (SVECM … parameter restrictions. A cointegration analysis for the unified Germany reveals a long rum relationship between real wages …, productivity and unemployment which is interpreted as a wage setting relation. From a Subset VECM we identify meaningful structural …