The NAIRU-Concept A Few Remarks
This note gives a brief survey of main theoretical and empirical issues with respect to the NAIRU concept. According to modern labour market literature NAIRU is defined as the rate of unemployment at which inflation stabilises in the absence of any wage-price surprises. Conventional thinking about t...
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| Format: | eBook Section |
| Language: | Inglés |
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Paris :
OECD Publishing
1997.
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| Series: | OECD Economics Department Working Papers,
no.178. |
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| See on Biblioteca Universitat Ramon Llull: | https://discovery.url.edu/permalink/34CSUC_URL/1im36ta/alma991009706321006719 |
