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The Phillips Curve and NAIRU Revisited: New Estimates for Germany

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Author Info
Bernd Fitzenberger
Wolfgang Franz
Oliver Bode
Abstract

Starting in 2006 the German economy currently experiences a cyclical revival which spreads to the labor market. Unemployment decreases markedly and regular employ- ment rises. At present, virtually all professional forecasts expect this upswing to con- tinue in the foreseeable future.

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File URL: http://www.ifw-members.ifw-kiel.de/publications/the-phillips-curve-and-nairu-revisited-new-estimates-for-germany/kap1344.pdf
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Paper provided by Kiel Institute for the World Economy in its series Kiel Working Papers with number 1344.

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Length: 53 pages
Date of creation: Jun 2007
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Handle: RePEc:kie:kieliw:1344

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References listed on IDEAS
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.:
  1. Christian Schumacher, 2008. "Measuring uncertainty of the euro area NAIRU: Monte Carlo and empirical evidence for alternative confidence intervals in a state space framework," Empirical Economics, Springer, vol. 34(2), pages 357-379, March. [Downloadable!] (restricted)
  2. Ricardo Mestre & Silvia Fabiani, 2001. "A system approach for measuring the euro area NAIRU," Working Paper Series 065, European Central Bank. [Downloadable!]
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  3. Sbordone, Argia M., 2002. "Prices and unit labor costs: a new test of price stickiness," Journal of Monetary Economics, Elsevier, vol. 49(2), pages 265-292, March. [Downloadable!] (restricted)
    Other versions:
  4. Robinson, Peter M, 1988. "Root- N-Consistent Semiparametric Regression," Econometrica, Econometric Society, vol. 56(4), pages 931-54, July. [Downloadable!] (restricted)
  5. Snower, Dennis & Karanassou, Marika, 2002. "An Anatomy of the Phillips Curve," IZA Discussion Papers 635, Institute for the Study of Labor (IZA). [Downloadable!]
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  6. Gali, Jordi & Gertler, Mark & Lopez-Salido, J. David, 2001. "European inflation dynamics," European Economic Review, Elsevier, vol. 45(7), pages 1237-1270. [Downloadable!] (restricted)
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  7. Timothy Cogley & Argia M. Sbordone, 2006. "Trend inflation and inflation persistence in the New Keynesian Phillips Curve," Staff Reports 270, Federal Reserve Bank of New York. [Downloadable!]
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(explanations, 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.)

  1. Fitzenberger, Bernd, 2008. "Nach der Reform ist vor der Reform? Eine arbeitsökonomische Analyse ausgewählter Aspekte der Hartz-Reformen," ZEW Discussion Papers 08-011 [rev.], ZEW - Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research. [Downloadable!]
  2. Fitzenberger, Bernd, 2008. "Nach der Reform ist vor der Reform? Eine arbeitsökonomische Analyse ausgewählter Aspekte der Hartz-Reformen," ZEW Discussion Papers 08-011, ZEW - Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research. [Downloadable!]
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