Browsing by Subject "Natural rate of unemployment--United States"

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The behaviour of inflation and unemployment in the United States

Hogan, Vincent (Vincent Peter) (University College Dublin, School of Economics, 2000-06)

Low rates of inflation have been recorded in the United States in recent years despite a decline in the unemployment rate. This phenomenon could be the result of a series of transitory shocks or of a permanent change in ...
Explaining the recent behavior of inflation and unemployment in the United States

Hogan, Vincent (Vincent Peter) (International Monetary Fund, Western Hemisphere Department, 1998-09)

Low rates of inflation have been recorded in the United States in recent years despite a decline in the unemployment rate. This phenomenon could be the result of a series of transitory shocks or of a permanent change in ...
Measuring the NAIRU – a structural VAR approach

Zhao, Hongmei ; Hogan, Vincent (Vincent Peter) (University College Dublin, School of Economics, 2006-11)

We calculate the NAIRU for the U.S. in a framework where inflation and the unemployment rate can respond to each other. The NAIRU is defined as the component of the actual unemployment rate that is uncorrelated with inflation ...