The robustness of Okun's law in Spain, 1980–2004: Regional evidence
J Villaverde, A Maza - Journal of Policy Modeling, 2009 - Elsevier
The purpose of this paper is to analyse Okun's law for the Spanish regions over the period
1980–2004. Based on its “gap” specification, the results show that an inverse relationship …
1980–2004. Based on its “gap” specification, the results show that an inverse relationship …
Is it a good policy to promote self-employment for job creation? Evidence from Spain
An often applied labour market policy to combat unemployment is to stimulate unemployed
individuals to start their own businesses. Such policy may at least, temporarily lead to …
individuals to start their own businesses. Such policy may at least, temporarily lead to …
Will US inflation awake from the dead? The role of slack and non-linearities in the Phillips curve
B Albuquerque, U Baumann - Journal of Policy Modeling, 2017 - Elsevier
The response of US inflation to the high levels of spare capacity during the Great Recession
of 2007–09 was rather muted. At the same time, some have argued that the short-term …
of 2007–09 was rather muted. At the same time, some have argued that the short-term …
[HTML][HTML] Should the South African Reserve Bank lower the inflation target band? Insights from the GDP-inflation nexus
E Ndou, N Gumata - Journal of Policy Modeling, 2024 - Elsevier
Abstract Should the South African Reserve Bank (SARB) lower the inflation target (IT) band?
Does lowering the IT band impact the relationship between GDP growth and inflation? This …
Does lowering the IT band impact the relationship between GDP growth and inflation? This …
The US inflation–unemployment trade-off revisited: New evidence for policy-making
M Karanassou, H Sala - Journal of Policy Modeling, 2010 - Elsevier
This paper addresses the various methodological issues surrounding vector
autoregressions, simultaneous equations, and chain reactions, and provides new evidence …
autoregressions, simultaneous equations, and chain reactions, and provides new evidence …
Inflation dynamics in an emerging market: The case of South Africa
P Dladla, C Malikane - Economic Analysis and Policy, 2022 - Elsevier
The literature on the Phillips curve in South Africa finds little evidence of the effect of demand
pressure on the inflation rate. Using quarterly data from 1960–2020, this paper shows that …
pressure on the inflation rate. Using quarterly data from 1960–2020, this paper shows that …
Inflation dynamics: a traditional perspective
C Malikane - Oxford Economic Papers, 2024 - academic.oup.com
We derive a traditional Phillips curve (TPC) under the assumption that a fraction of firms sells
output at optimal prices, while the other fraction sells at contract prices. Our derivation …
output at optimal prices, while the other fraction sells at contract prices. Our derivation …
Inflation, output and unemployment trade-offs in Sub-Saharan Africa countries
JW Ahiadorme - Macroeconomics and Finance in Emerging Market …, 2022 - Taylor & Francis
This paper examines the behaviour of inflation, output, and unemployment in Sub-Saharan
Africa (SSA) countries and shows that the predictions of the Phillips curve and Okun's law …
Africa (SSA) countries and shows that the predictions of the Phillips curve and Okun's law …
Solving the Gordian knot: dealing with Spain's unemployment crisis with a job guarantee program
A Mario, S Medina Miltimore… - Journal of Post …, 2024 - Taylor & Francis
Spain has experienced a history of chronically high and intractable unemployment. The Job
Guarantee has been theorized as a policy proposal that aims to produce tight full …
Guarantee has been theorized as a policy proposal that aims to produce tight full …
Stability of Phillips curve: the case of Croatia
Phillips curves are generally estimated under the assumption of linearity and parameter
constancy. The conventional Phillips curve argues that there is a trade-off or negative …
constancy. The conventional Phillips curve argues that there is a trade-off or negative …