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rate of inflation is relatively high, as was the case in the 1970s. In general, the effect of growth on unemployment is … shown to be non-monotonic. There is a threshold level of inflation below (above) which faster growth leads to higher (lower …
Persistent link: https://www.econbiz.de/10010440551
the PC and explain the evolution of inflation and unemployment in the US from 1970 to 2006. Since our empirical … and inflation, while the monetary expansion was quite ineffective and led mainly to higher inflation. Finally, the …
Persistent link: https://www.econbiz.de/10014212432
relationship between the key macroeconomic tools of maintaining macroeconomic stability: inflation and unemployment. Our empirical … findings showed that unemployment rate and inflation are positively associated in Uzbekistan, which contradicts with the …
Persistent link: https://www.econbiz.de/10014358333
The objective of this study was to shed new light on the non-linear effects of inflation and the inflation thresholds … for long-term growth in Africa. Using a dynamic panel threshold model, the study covered a large panel-data set of 41 … countries in order to see if there are any differences in the empirical linkage between inflation and long-term growth. For the …
Persistent link: https://www.econbiz.de/10011956540
Persistent link: https://www.econbiz.de/10009231327
FDI inflows, the economic benefit will also depend on their structure. Based on a panel regression technique, the FDI …
Persistent link: https://www.econbiz.de/10011623317
run. Panel data covering western European countries during the period 1988 – 2006 are elaborated by means of Eviews …
Persistent link: https://www.econbiz.de/10013152967
in European countries the relative real wage rigidity across countries as a result of the relative inflation across … unemployed. All econometric models in this paper using panel data are made feasible through the Eviews software package …
Persistent link: https://www.econbiz.de/10013148538
Inflation targeting needs to be supplemented by an economic growth target so that central banks will not adopt monetary … the inflation rate is kept between two to three per cent. Monetary policy does not have a comparative advantage in … by the monetary authority for the purpose of inflation targeting may not work. The R in NAIRU should stand for "range …
Persistent link: https://www.econbiz.de/10005423294
thinking about employment, inflation and growth. The model’s main contribution to economics is its dynamic description of wage …
Persistent link: https://www.econbiz.de/10005648656