解析 C The long-run Phillips curve represents the natural rate of unemployment. Changes in the natural rate can occur due to long-run changes in the state of technology and the size, makeup, and mobility of the labor force.反馈 收藏 ...
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The Long-Run Phillips Curve Luca Benati University of Bern ∗ Abstract I use Bayesian structural VARs identified based on a combination of long- run and sign restrictions to investigate the long-run trade-off between inflation
Schreiber, Sven, and Jurgen Wolters (2005), "The Long-Run Phillips Curve Re- visited: Is the NAIRU Framework Data-Consistent?" mimeo.Schreiber. S and . Wolters. 2007. "The Long-Run Phillips Curve Revisited: Is the NAIRU Framework Data-consistent?" Journal of Macroeconomics, 29: 355-367....
单项选择题A shift in the long-run Phillips curve represents a change in the: A. actual inflation rate. B. expected inflation rate. C. natural rate of unemployment. 点击查看答案&解析 延伸阅读
The curve is only valid in the short term. The long-run Phillips curve features a vertical line at a particular natural unemployment rate. Any measure taken to change unemployment only results in an up-and-down movement of the economy along the line....
For the estimation of constant as well as time-varying NAIRUs it is customary to assume – sometimes implicitly – that the long-run Phillips curve is vertical. We point out that the observed data often do not possess the stochastic properties that are needed to impose this restriction, especi...
(Non-Accelerating Inflation Rate of Unemployment), which essentially represents the normal rate of frictional and institutional unemployment in the economy. So in the long-run, if expectations can adapt to changes in inflation rates, then the long-run Phillips curve resembles a vertical line at ...
The Long-Run Phillips Curve - Swiss National Bank:长期菲利普斯曲线-瑞士国家银行 热度: TheNaturalRateofUnemployment andthePhillipsCurve ThePhillipscurve,basedonthedataabove,showsanegativerelationbetweeninflationandunemployment. Duringtheperiod1900to1960intheUnitedStates,alowunemploymentratewastypicallyassociatedwith...
答案解析:“U.S. Inflation, Unemployment, and Business Cycles,” Michael Parkin 2010 Modular Level I, Vol. 2, pp. 406-408 Study Session 6-25-e Explain the impact of inflation on unemployment, and describe the short-run and long-run Phillips curve, including the effect of changes in the ...