Time-varying Nairu/Nawru estimates for the EU"s member states
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Time-varying Nairu/Nawru estimates for the EU"s member states

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Published by European Commission, Directorate-General for Economic and Financial Affairs in Brussels .
Written in English


Book details:

Edition Notes

Statementby K. McMorrow and W. Roeger.
SeriesEconomic papers / European Commission -- no.145, Economic papers (Commission of the European Communities) -- no.145.
ContributionsRoeger, Werner., Commission of the European Communities. Directorate-General for Economic and Financial Affairs.
The Physical Object
Pagination61p. :
Number of Pages61
ID Numbers
Open LibraryOL19032765M

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Time-varying NAIRU/NAWRU Estimates for the EU's Member States Issue of Economic papers, Commission of the European Communities. Directorate-General for Economic and Financial Affairs Issue of Euro papers: Authors: Kieran McMorrow, Werner Roeger: Contributor: Commission of the European Communities. Directorate-General for Economic and Financial Affairs. Time-varying Nairu/Nawru estimates for the EU Member States. Time-varying Nairu/Nawru estimates for the EU's member states. Economic Papers No. , September ECFIN//EN. Number September Time –Varying Nairu / Nawru Estimates for the EU's Member States. by K. Mc Morrow and W. Roeger* * The authors are economists in the Directorate-General for Economic and Financial Affairs (ECFIN) of the European Commission.

For the reason we set up and estimate a state space model based on a time varying latent NAIRU, called the triangle model by Gordon (). This model setup is a highly useful tool for analyzing inflation and unemployment together, because it allows us to investigate (i) the evolution of NAIRU sequence; (ii) the dynamics of inflation; and (iii) the. Time-varying NAIRU/NAWRU Estimates for the EU's Member States Número de Economic papers, Commission of the European Communities. Directorate-General for Economic and Financial Affairs Número de Euro papers: Autores: Kieran McMorrow, Werner Roeger: Colaborador: Commission of the European Communities. McMorrow K, Roeger W () Time-varying NAIRU/NAWRU estimates for the EU member states. European Commission Economic Papers No. Google Scholar Meyer LH, Swanson ET, Wieland VW () NAIRU uncertainty and nonlinear policy by: 8. This paper analyzes the determinants of the European Commission’s estimates of the non-accelerating inflation rate of unemployment (NAIRU) for 14 European countries during Author: Thomas Laubach.

The analysis in this paper uses the generalized method of moments to estimate the structural parameters of the hybrid New Keynesian Phillips curve model. These are related to preferences, price stickiness and degree of openness of economies. The sample of the assessed economies consists of most of the new European Union Members. The results of this part of the analysis are then used to. Downloadable! This paper analyses the Nairu in the Euro Area and the influence that monetary policy had on its development. Using the Kalman-filter technique we find that the Nairu has varied considerably since the early seventies. The Kalman-filter technique is applied here for the first time using explicit exogenous variables. In particular real interest rates were found to explain a quarter. Downloadable! This paper analyses the Nairu in the euro area and the influence that monetary policy had on its development. Using the Kalman-filter technique we find that the Nairu has varied considerably since the early s. The Kalman-filter technique is applied here for the first time using explicit exogenous variables. In particular, real interest rates were found to explain a quarter of. McMorrow K, Roeger W () Time-varying NAIRU/NAWRU estimates for the EU member states. European Commission Economic Papers No. Google Scholar Meyer LH, Swanson ET, Wieland VW () NAIRU uncertainty and nonlinear policy rules.