unemployment (NAIRU) that provide information about the general trajectory and last tendencies of trend unemployment. To better … identify the unemployment trend, we include indicators of long-term unemployment and the Beveridge curve shifts as exogenous …

This paper investigates the impact of inflation in different states of unemployment: evidence with the Phillips curve … in South Africa. The contribution of this paper is to examine the impact of inflation on different states of unemployment … there are 2 states of unemployment mean rates of 25.55% and 33.59%, expected to run for 67 and 7 quarters, respectively …

framework and assuming that shifts of the Phillips curve share a common trend with the unemployment rate. We consider in this …, it appears that the Nairu can substantially differ from the unemployment trend. Second, relaxing the common trend …