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inflation and unemployment rates, we find a positive and significant correlation between unemployment and inflation rates in … correlation between increase in unemployment and inflation rates 2000-2008, implies that macroeconomic policies aimed at or … targeting reducing inflation rates would also help to reduce unemployment rates in Sudan. Keywords Labour market; employment …
Persistent link: https://www.econbiz.de/10010856356
empirical literature in support of the Phillips curve on the negative correlation between inflation and unemployment rates, we … find positive and significant correlation between unemployment and inflation rates in Sudan during the period (2000 … implication from our result on the significant positive correlation between increase in unemployment and inflation rates (2000 …
Persistent link: https://www.econbiz.de/10010712272
Motivated by migration phenomena and wage-inflation spillovers, we investigate the relationship between the two and the … inflationary remittances built-in pressures. We establish a feedback loop between migration and inflation, and specify a simple … monopolistic competition, and state space model for the natural unemployment rate. Our estimates suggest that overshooting …
Persistent link: https://www.econbiz.de/10014496519
Using a New Keynesian Phillips curve, we document the rapid and persistent increase in the natural rate of unemployment …, 𝑢𝑡 ∗ , in the aftermath of the pandemic and characterize its implications for inflation dynamics. While the bulk of the … inflation surge is attributed to temporary supply factors, we also find an important role for current and expected negative …
Persistent link: https://www.econbiz.de/10014501075
Motivated by migration phenomena and wage-inflation spillovers, we investigate the relationship between the two and the … inflationary remittances built-in pressures. We establish a feedback loop between migration and inflation, and specify a simple … monopolistic competition, and state space model for the natural unemployment rate. Our estimates suggest that overshooting …
Persistent link: https://www.econbiz.de/10014577279
, and in many other parts of Europe, during the era of the Price Revolution, ca. 1520 - ca. 1640 -- although the actual … of an inflation, induced primarily by monetary forces, when nominal wages failed to keep pace with the rise in consumer …
Persistent link: https://www.econbiz.de/10005704755
In the present paper it will be pointed out with panel data that inflation worsens income distribution, but not in a … linear way. More specifically, at lower inflation levels as inflation goes up, then income distribution worsens more rapidly … than in the case of higher inflation levels (hyperinflation). The sample covers annually most western European countries …
Persistent link: https://www.econbiz.de/10013148586
This paper develops a general equilibrium monetary model with performance incentives to study the inflation-unemployment … relationship. A long-run downward-sloping Phillips curve can exist with perfectly anticipated inflation because workers' incentive … to exert effort depend on financial market returns. Consequently, higher inflation rates can reduce wages and stimulate …
Persistent link: https://www.econbiz.de/10012711249
The employment 'double dividend hypothesis' suggests that an appropriately designed fiscal reform, in which emission charges are used to subsidize employers' social security contributions, may realize (at least) two relevant policy goals: a better quality of the environment and, at the same...
Persistent link: https://www.econbiz.de/10014067997
combination of low wage inflation and high unemployment in Europe is usually attributed to a rise in the natural rate of …This paper analyzes the relationship between unemployment and wage inflation for 10 of the euro area countries. The … unemployment that may account for a changing pattern in the unemployment inflation trade-off. Moreover, it analyzes whether the …
Persistent link: https://www.econbiz.de/10003035532