Similarities and Differences in Development of Non-Accelerating Inflation Rate of Unemployment and Economic Cycle in Selected Countries in Central Europe by 2008
AbstractFor the estimation of the NAIRU´s development, the slope and the shift of the Phillips curve was applied the system of the methods which are commonly used at the international level. Main contribution of this study is to summarize methods and to compare results for selected countries in the centre of the Europe. The figure of NAIRU can be investigated as a dependent variable during the research time period. Main factors causing the greatest changes of NAIRU or its fluctuations are apart from the inflation expectations themselves also: import prices, exchange rate, prices of oil and indirect taxes.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoArticle provided by University of Economics, Prague in its journal Současná Evropa.
Volume (Year): 2009 (2009)
Issue (Month): 1 ()
Postal: Centrum evropských studií VŠE Praha
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Pete Richardson & Laurence Boone & Claude Giorno & Mara Meacci & David Rae & David Turner, 2000. "The Concept, Policy Use and Measurement of Structural Unemployment: Estimating a Time Varying NAIRU Across 21 OECD Countries," OECD Economics Department Working Papers, OECD Publishing 250, OECD Publishing.
- N. Gregory Mankiw, 2000.
"The Inexorable and Mysterious Tradeoff Between Inflation and Unemployment,"
NBER Working Papers
7884, National Bureau of Economic Research, Inc.
- Mankiw, N Gregory, 2001. "The Inexorable and Mysterious Tradeoff between Inflation and Unemployment," Economic Journal, Royal Economic Society, Royal Economic Society, vol. 111(471), pages C45-61, May.
- N. Gregory Mankiw, 2000. "The Inexorable and Mysterious Tradeoff Between Inflation and Unemployment," Harvard Institute of Economic Research Working Papers, Harvard - Institute of Economic Research 1905, Harvard - Institute of Economic Research.
- Silvia Fabiani & Ricardo Mestre, 2004.
"A system approach for measuring the euro area NAIRU,"
Empirical Economics, Springer,
Springer, vol. 29(2), pages 311-341, 05.
- Tom Doan, . "RATS programs to replicate Fabiani-Mestre 2004 NAIRU model results," Statistical Software Components, Boston College Department of Economics RTZ00057, Boston College Department of Economics.
- Fabiani, Silvia & Mestre, Ricardo, 2001. "A system approach for measuring the euro area NAIRU," Working Paper Series, European Central Bank 0065, European Central Bank.
- James Tobin, 1980. "Stabilization Policy Ten Years After," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 11(1, Tenth ), pages 19-90.
- George A. Akerlof & William R. Dickens & George L. Perry, 1996. "The Macroeconomics of Low Inflation," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 27(1), pages 1-76.
- Gordon, Robert J, 1990. "What Is New-Keynesian Economics?," Journal of Economic Literature, American Economic Association, American Economic Association, vol. 28(3), pages 1115-71, September.
- Fabiani, Silvia & Mestre, Ricardo, 2000. "Alternative measures of the NAIRU in the euro area: estimates and assessment," Working Paper Series, European Central Bank 0017, European Central Bank.
- Basistha, Arabinda & Nelson, Charles R., 2007. "New measures of the output gap based on the forward-looking new Keynesian Phillips curve," Journal of Monetary Economics, Elsevier, Elsevier, vol. 54(2), pages 498-511, March.
- Gordon, Robert J, 1996.
"The Time-varying NAIRU and its Implications for Economic Policy,"
CEPR Discussion Papers, C.E.P.R. Discussion Papers
1492, C.E.P.R. Discussion Papers.
- Robert J. Gordon, 1997. "The Time-Varying NAIRU and Its Implications for Economic Policy," Journal of Economic Perspectives, American Economic Association, American Economic Association, vol. 11(1), pages 11-32, Winter.
- Robert J. Gordon, 1996. "The Time-Varying NAIRU and its Implications for Economic Policy," NBER Working Papers 5735, National Bureau of Economic Research, Inc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Vaclav Subrta).
If references are entirely missing, you can add them using this form.