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Search Results for Collection: Economics Working Papers & Policy Papers, 1982 -- August 2011
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(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 ...
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(University College Dublin, School of Economics, 2006-11)Ball and Moffitt (2001) present a theory implying that the gap between productivity and wage aspirations can shift the traditional Phillips Curve. We examine their theory within the OECD. The results show that there is no ...
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(University College Dublin. School of Economics, 2006-11)We analyse how progressive taxation and education subsidies affect schooling decisions when the returns to education are stochastic. We use the theory of real options to solve the problem of education choice in a dynamic ...
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