The Nairu Concept - Measurement Uncertainties, Hysteresis and Economic Policy Role

McAdam, Peter and McMorrow, K. (2003) The Nairu Concept - Measurement Uncertainties, Hysteresis and Economic Policy Role. The Brazilian Journal of Business Economics, 3 (3). pp. 27-62.

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Abstract

This paper looks at the notion of a NAIRU (non-accelerating inflation rateof unemployment) and asks whether it continues to stand up to rigorous analysis in terms of both its theoretical underpinnings or of its empirical applicability.

Item Type: Article
Subjects: H Social Sciences
Divisions: Faculties > Social Sciences > School of Economics
Depositing User: Francis Green
Date Deposited: 07 Sep 2008 16:45
Last Modified: 14 Jan 2010 14:35
Resource URI: http://kar.kent.ac.uk/id/eprint/9451 (The current URI for this page, for reference purposes)
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