Does Output Gap, Labour's Share or Unemployment Rate Drive Inflation?

Interest rate and output gap: Does central bank credibility matter?

This paper studies the effects of central bank credibility on nominal interest rate and output gap on 17 inflation targeting (IT) developing countries using Instrument Variables (IV) over a period that spans 24 years (1996-2019). In the first stage, using new Keynesian model is obtained “Credibility loss” index to measure the importance of central bank past performance and its deviation from it...

estimation of non-accelerating inflation rate of unemployment (nairu) and potential output

this paper tries to survey and estimate non-accelerating inflation rate of unemployment (nairu) and potential output. it uses the unobserved components model to propose a new method. the model consists of ukan law equations and philips curve. it uses unobservable key economic variable in the form of unobserved random trends in an equation system of three variables namely unemployment, gross dom...

What Impact Does Inflation Targeting Have on Unemployment?

Poverty Practice, Bureau for Development Policy, UNDP Esplanada dos Ministérios, Bloco O, 7o andar 70052-900 Brasilia, DF Brazil The views expressed in this page are the authors’ and not necessarily those of the United Nations Development Programme or the Government of Brazil. E-mail: [email protected] URL: www.ipc-undp.org Telephone: +55 61 2105 5000 The International Policy Centre for Inclusiv...

Does indication drive use, or does use drive indication?

I this issue of The Journal of Clinical Psychiatry, Fu et al1 report on the results of a study of paliperidone palmitate once-monthly in patients diagnosed with schizoaffective disorder. In this well-designed and well-executed trial, paliperidone monthly was used either as monotherapy or as an adjunct to mood stabilizers or antidepressants. The subjects were randomized to continue paliperidone ...

Does mutation rate drive resistance to fluoroquinolones?