10 ENGLISH BOOKS RELATING TO «NAIRU»
Discover the use of
NAIRU in the following bibliographical selection. Books relating to
NAIRU and brief extracts from same to provide context of its use in English literature.
1
Macroeconomics Beyond the
NAIRU
The authors make a strong case that a stable non-accelerating inflation rate of unemployment (NAIRU), independent of macroeconomic policy, does not exist.
Servaas Storm, C. W. M Naastepad, 2012
2
Monetary Policy Strategy
focuses on NAIRU as a reference point for monetary policy and show that our
definition of NAIRU is a short-run concept and is not the same as the natural rate
of unemployment. Understanding that short-run NAIRU and the natural rate of ...
Frederic S. Mishkin, 2007
employment rate began to fall below 6 percent in 1995 and remained well below
that level thereafter without any increase in inflation — indeed inflation actually
fell — concern arose that the NAIRU concept might be seriously flawed.
4
A Multivariate Filter for Measuring Potential Output and the ...
lines extending to the end of the sample are the two full sample estimates of the
NAIRU. The difference between the two is dramatic. The HP estimates put a line
through the data, and, in particular, the actual unemployment rate towards the ...
Jaromir Benes, Papa M'B. P. N'Diaye, 2004
5
Economic Breakdown and Recovery: Theory and Policy
Consider table 3.1 in which NAIRU calculations for nine OECD countries are
recorded along with average rates of unemployment and price inflation for the
various time periods listed. According to NAIRU analysis, if the actual
unemployment ...
6
Inflation Targeting with
NAIRU Uncertainty and Endogenous ...
34 - APPENDIX I An Updating Procedure for Estimating the NAIRU We assume
that in each period I the monetary authorities construct estimates of the DNAIRU
and NAIRU in a model-consistent manner based on their knowledge of the ...
Peter Isard, Douglas Laxton, Ann-Charlotte Eliasson, 2001
7
Money, Finance and Capitalist Development
It has been observed (for example, Worswick, 1985) that there is a tendency for
the estimates of the NAIRU to move in line with observed unemployment.21 One
response to this would be that movements in the NAIRU are driving movements ...
Philip Arestis, Malcolm C. Sawyer, 2001
8
Money, Banking and Financial Markets
These facts indicate that even if the Federal Reserve knew the precise NAIRU
level at each point in time, the Fed would experience considerable difficulty
maintaining the actual unemployment rate close to the NAIRU level.
9
OECD Economic Surveys: Denmark 2008
In testing this model, the best results were achieved with the parameter θ set to
zero. Also, the model was allowed to freely estimate the parameter γ and this was
estimated to be one, so a simple random walk model for the NAIRU was adopted
...
10
Understanding Inflation and the Implications for Monetary ...
William T. Dickens The non-accelerating inflation rate of unemployment (NAIRU)
is frequently employed in fiscal and monetary policy deliberations. The U.S.
Congressional Budget Office uses estimates of the NAIRU to compute potential
GDP, ...
10 NEWS ITEMS WHICH INCLUDE THE TERM «NAIRU»
Find out what the national and international press are talking about and how the term
NAIRU is used in the context of the following news items.
Are interest rates about to rise? Don't bank on it yet
... and a fall in the unemployment rate towards the NAIRU (non-accelerating inflation rate of unemployment) at around 5 per cent (Labour Force ... «City A.M., Jul 15»
The Fed's Confusion Over the "Natural Rate" of Unemployment and …
The NAIRU however, is an arbitrary measure; it is derived from a ... The absurdity of this example matches that of the NAIRU framework. «The Market Oracle, Jul 15»
Real estate sales on the South Shore, July 17
33 Bass St., Lisa M. Nolan and Christopher J. Sullivan to Nairu Chen and Fengzhen Zeng, $588,000, June 23 single family. 53 Huckins Ave. «The Patriot Ledger, Jul 15»
The US could raise rates in September. So will we be in for another …
The key difficulty here is to know where is Nairu. If you are not familiar with this expression, it stands for non-accelerating inflation rate of ... «The Independent, Jul 15»
Positive figures prompt Valensise to upgrade US outlook
... 5.5 per cent now – it could reach what is known as the non-accelerating inflation rate of unemployment, or Nairu, below which inflation rises. «FT Adviser, Jul 15»
Fed, higher “dots" more likely?
The hurdle for Fed moving NAIRU further down is quite high. Pushing it below 5% would require solid justification, based on more than ... «EconoTimes, Jul 15»
Chinese Families of Yale Students Grow Garden
... children are Yale students. Wang Nairu, a Chinese parent, waters plants in a garden on the northern edge of Yale's campus on June 4, 2015. «Women of China, Jul 15»
A Week of Unseen Things
She and the rest of the FOMC do not want to get to what is called the NAIRU (nonaccelerating inflation rate of unemployment, which is the level ... «Forbes, Jul 15»
U.S. Mint Suspends Silver Sales
I also pointed out the NAIRU, remember? The “non-accelerating interest rate of unemployment,” and we're still a few percentage points away ... «Daily Reckoning, Jul 15»
Global Central Banking in 2015
US policymakers should not be satisfied with a NAIRU of 5% - that's 8 million people! What are they all doing? The broken money markets in ... «Forex Factory, Jul 15»