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increased unemployment by 61.0 per cent decrease in the variation in expected inflation associated with a unit change in the … observed puzzling co-movement. The computation also indicates that decrease in expected variation in inflation, results in … variation between the potential and actual rates of unemployment over the study horizon, which confirms theoretical expectations …
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Phillips Curve. The main result is a time-varying natural rate of unemployment, which nevertheless continues to be an essential … historical concept to analyze inflation in a Structuralist version of the Phillips Curve where many forces determine the path of …
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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 … Phillips curve. However, we found the Okun’s law holds which indicates an unemployment rate and economic growth are negatively …
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The recent exacerbation of unemployment crisis in Nigeria stands to be a serious threat to both socio … present study explores the link between trade and unemployment for the case of Nigeria with the intention of exploring how the … unemployment crisis has been impacted within the dynamics of the country's trade performance. The empirical evidence shows that the …
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