Phillips curves and unemployment dynamics: a critique and a holistic perspective

M Karanassou, H Sala… - Journal of Economic …, 2010 - Wiley Online Library
The conventional wisdom that inflation and unemployment are unrelated in the long run
implies the compartmentalization of macroeconomics. While one branch of the literature …

Does immigration affect the Phillips curve? Some evidence for Spain

S Bentolila, JJ Dolado, JF Jimeno - European economic review, 2008 - Elsevier
The Phillips curve has flattened in Spain over 1995–2006: Unemployment has fallen by 15
percentage points, with roughly constant inflation. This change has been much more …

[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 …

Linear Combinations of Time Series Models with Minimal Forecast Variance

NV Beletskaya, DA Petrusevich - Journal of Communications Technology …, 2022 - Springer
In this paper construction of optimal combination of time series forecasts (by quality of
prediction or forecast variance evaluation) is considered. In addition, averaging of multiple …

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 …

Inflation, unemployment, and economic growth in a Schumpeterian economy

AC Chu, G Cozzi, H Fan… - The Scandinavian Journal …, 2021 - Wiley Online Library
In this paper, we explore the relationship between inflation and unemployment in a
monetary Schumpeterian growth model. Under the cash‐in‐advance (CIA) constraint on …

Effects of international tourism on environmental quality and renewable energy use in Africa: a study of the moderating role of governance institutions

OI Ojonta, JE Ogbuabor - Economic Change and Restructuring, 2024 - Springer
This study investigated how international tourism is impacting on environmental quality and
renewable energy use in Africa, and how governance institutions on the continent are …

The long-run impact of inflation in South Africa

K Amusa, R Gupta, S Karolia… - Journal of Policy Modeling, 2013 - Elsevier
This paper evaluates the hypothesis of long-run super-neutrality of money (LRSN) within the
context of the South African economy. The long-run impact of inflation on the interest rate …

The evolution of inflation and unemployment: explaining the roaring nineties

M Karanassou, H Sala… - Australian Economic …, 2008 - Wiley Online Library
This paper analyses the relation between US inflation and unemployment from the
perspective of 'frictional growth,'a phenomenon arising from the interplay between growth …

Economic factors influencing the dynamics of unemployment in the G10 countries: empirical evidence from panel data modeling

O Ozcelebi, S Ozkan - Journal of Business Economics and Finance, 2017 - dergipark.org.tr
Purpose-The purpose of the study is to determine which macroeconomic factors and
economic policy changes may affect unemployment in the G10 countries. Methodology …